Victor Milne: 
 
I think too that computer technology is like none other that went before because of the very generality and breadth of its application. It is displacing people at throughout the employment spectrum. .....Name one new job brought in by computer technology that a displaced welder or cashier could transfer to. If you can name such a job, then estimate its numbers relative to the vanished jobs.
 
Weick:
 
It is probable that few welders and cashiers have found jobs in hardware and software, but many have probably found other jobs.  They are, unfortunately, in much the same positions as the inter-urban carters, drayers and canal boatmen were when steam was first introduced, or like farmers have been during this century with the mechanization of agriculture.  These people eventually found other work or relied on whatever social support systems existed at the time. 
 
Victor Milne:
 
And computers are not the end of the new technologies. In a recent talk Rifkin said he believes that the 21st century will be the era of biotechnology.
 
Weick:
 
You might as well know it --- I'm not a Rifkin fan.  I have two of his books on my shelves, one about the end of work, the other about beef.  I'm not surprise that he is now turning his considerable ability to pontificate toward biotechnology.  He is a little like James Michener.  Give him a place name (in Rifkin's case, at topic) and he will write you a book.
 
Victor Milne:
 
Of course there would remain work worth doing such as nursing and educating children. The question is who is willing to fund it?
 
Weick:
 
To the very best of my knowledge, we are going to continue to fund education -- I hope we do because I still have a kid in school.  And the fact that the day care of children has grown so rapidly would suggest that there is a considerable demand for it and that funding follows from this.  Could that demand and a considerable part of the funding derive from the fact that parents are working?
 
Victor Milne:
 
the production and sale of a golf ball is counted as an addition to the GNP (recorded on the plus side of the ledger) while the education of a child is counted as a rather large reduction in the GNP (recorded on the minus side of the ledger). Until this is changed, there will be not be many worthwhile jobs for people to find.
 
Weick:
 
Not sure I understand.  Are you saying that an accounting error or misconception determines whether or not the economy can function?  Economies have functioned one way or another throughout history whether or not people had proper accounting systems.
 
I must admit it is a long time since I paid close attention to the National Accounts.  I do seem to recall that expenditures on education are valued at cost - that is, on what society (via government) spends on them.  This may not be the best way of valuing them, but they are shown as positive contributions to GNP.  However, it has been a long time.  I will have to clear the cobwebs out of my head and take a look.
 
Ed Weick
 

Reply via email to