Alistair Plotnick
Mike Lehman
English 1102
10 February 2023
When outsourcing labor to automation does not become profitable
Since its creation in the mid 1930s, automation has been a business owner’s best way to cut labor costs, usually human, and in return to buy long term equipment that can replace their job instead. At the beginning, it was simple machines that could perform simple tasks such as replacing a human’s task on an assembly line to today transforming computers that have lines of code to do tasks such as write memos or review resumes of job applicants. Although all these innovations are great, there is a cost for all of them and that is people’s jobs. The argument there is that when one industry automates, the labor in the job loss can lead to better time spent such as education or a new emerging industry. But it gets to a point where too much is automated to where the economic flow of a society stops. It occurs when too much is automated to where not enough people have a job to be able to purchase goods and services that these automated industries are producing because of their loss of jobs. This is the point where automation does not become profitable anymore.
First, in order to gauge the current scope of automation today, its origins and trends are necessary to understand where it is now. Automation originally started with the car industry specifically with a man named D.S Harder in which it really took off “in 1946 when established the automation department when he was vice president of the Ford Motor Company” (Hitomi 122). Just from this simple automation, the automotive industry slashed its production costs and profits soar, a true capitalist’s dream. At the time, automobiles were considered luxury items and getting rid of the labor did not decrease from the market they were selling towards. In this example the automation is not doing much harm as it is not decreasing its market. But the world of automation has developed milestones since then. Today an automation system looks more something like:
Depicted below is an image of what people believe what modern day automation may look like. Now, although an extreme interpretation, the reality of the ratio of human capital to automation can hold somewhat in specific industries today such as the automobile industry. The idea of robots working on computers of course is not realistic as the robots themselves are the computers, but the thought that code can create code itself is one.
Counter arguments that have arisen to this notion that an excess of jobs is lost to automation make the claim that new jobs are created in turn of that. That automation just doesn’t create jobs, it transforms them. The model of thinking of how when one door closes, another one opens, and how automation has allowed new occupations to be created as we let technology take over old roles and allow new roles for humans to be developed in the workplace. Although practical in idea, this cycle comes to an end when the market for the product decreases significantly because its base is now unemployed. As stated in a Harvard business article, “technology can and will fail. And when it does, firms will confront the prospect of making nice with the very workers who — during automation’s better days — were short changed. But adopting bots can push firms further into the red. Technological singularity — the idea that machines know all, and can fix calls — remains, despite what we’re told, a long, long way away” (Harvard). These warning signs that can cause issues when automating should warn businesses to regulate the amount of automation done and to some degree an amount of human labor.
The proposed idea is basic level labor is essential for having an economy which supports itself. If too much of labor becomes automated, there will be no need to buy the goods and services that automation provides because the working labor class will not be able to afford it anymore due to their income being stopped from loss of their job. When this point happens, society will be forced to move back into the way it was because profit will have had to start decreasing. But, with how many people there are in the world making the market size for any product large, this will not be something that happens soon as for something this drastic to occur would take a very long time to show actual negative net profit. Here is an illustration of what this process would look like.
https://www.youtube.com/watch?v=F4ak6GWD79Q.
(The video would not embed, but if you click the link it should open in a new tab)
A visualization for Klein’s argument looks like this:
Klein explains that as time goes on, occupations with lower social capital will decrease due to automation but jobs of higher social capital such as lawyers and management consultants will stay relevant and not automate. But Klein does not address what will happen once lower social capital jobs have disappeared over time, how or if sustainable if everyone acquires a high social capital job and does not realize that society needs people in both to function.
When evaluating the rate in which the world automates and if it will ever become too much, it is a case-by-case basis. On a macroeconomic scale for a firm, it is not as probable, but on a small business with a niche market base, certainly so. If current trends concerning automation continue, a lack of jobs will create a lack of income, which will lead to the loss of markets, which will lead to the de-stimulation of the economy.
Works Cited
bigthink. “Automation Apocalypse: Too Many Robots? More like Not Enough. | Ezra Klein | Big
Think.” YouTube, YouTube, 10 Feb. 2020, https://www.youtube.com/watch?v=F4ak6GWD79Q.
Images, Getty. “Automation Makes Us Dumb.” The Wall Street Journal, Dow Jones & Company,
23 Nov. 2014, https://www.wsj.com/articles/automation-makes-us-dumb-1416589342.
Harvard “Automation Doesn’t Just Create or Destroy Jobs – It Transforms Them.” Harvard Business
Review, 2 Nov. 2021, https://hbr.org/2021/11/automation-doesnt-just-create-or-destroy-jobs-it-
transforms-them.
Hitomi, Katsundo. “Automation- Its Concept and a Short History.” Science Direct, 14 May
2002, https://www.sciencedirect.com/science/article/pii/0166497294901015.