How Robots Impact Millions of American Jobs
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Jan. 8 (Bloomberg) -- Blackrock's Fundamental Fixed Income CEO Rick Reider discusses the impact of robots on jobs on Bloomberg Television's "Market Makers." (Source: Bloomberg) -- Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg "Market Makers" brings you analysis, insight and A-list guests who influencing Wall Street and the global economy. The business news show is hosted by Erik Schatzker and Stephanie Ruhle and covers the biggest companies in finance and the leaders who run them. Companies of discussion range from bulge-bracket banks: Goldman Sachs, JPMorgan, Morgan Stanley, UBS, Credit Suisse and Bank of America to mid-size and boutique firms such as Jefferies, Piper Jaffray, Cowen and more. Whether the day's stories cover "too big to fail" Wall Street banks, billion dollar deals, the latest insider trading scheme, or the Street's reaction to Dodd-Frank, "Market Makers" taps leading analysis and A-list guests to shed light on global finance. Broadcasting live from Bloomberg's headquarters in New York, "Market Makers" breaks news and brings viewers exclusives with the likes of Goldman Sachs' CEO Lloyd Blankfein, Goldman Sachs COO Gary Cohn, Morgan Stanley CEO James Gorman, financier Ken Langone, billionaire investor Carl Icahn, hedge fund legends David Tepper and David Einhorn, pay czar Kenneth Feinberg, Credit Suisse CEO Brady Dougan and many, many more. The show airs daily at 10am ET/7am PT. For a complete compilation of Market Makers videos, visit: http://www.bloomberg.com/video/market-makers/ Watch "Market Makers" on TV, on the Bloomberg smartphone app, on the Bloomberg TV + iPad app or on the web: http://bloomberg.com/tv Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.
Comments
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the solution is reducing taxes on wages and increase them on all assets owned and reducing the workweek from 40 hours to 35 hours.
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A path towards needing less and less jobs thanks to tech means no need for money eventually. In the mean time you will see all the businesses which cater to the middle class disappear: no more mickyd's whenever you want it. And big corps will finally run out of people to buy their stuff thanks to hiring 3rd world labor further down that slope, and they will be no more. Those who stay open will sell to the wealthy... for a while. Then the farmers will rule... just like Rome... that much much less populated Rome.
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Maybe he can also do an interview titled "How Bankster's Impact Millions of American Jobs". Much easier to blame robots which make us wealthier than the crooks that have been robbing the nation blind for the last 100 years.
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Just say it, those jobs are gone forever and Education is 30 years behind.
Forget University spend the down time learning a new skill on your own and move to an economy that is booming. Robotics are the future #Google knows it, companies know it and so do the consumers deep down.
Great video from #Bloomberg #Robotics #Economy #Yellen -
I think you should start two more wars that will fix everything.....
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Use of the AFGE Union could be and regarding Laura Bush, Lynch & Kane from HUD being drugged and passed out in Downtown Buffalo Office in 2001 and before the 911 War. At that time, someone looking like Laura Bush had stated it would be 15 yrs before she would be able to talk aboutthe situation. What's the issue?
Not Kane's 911 heart attacks caused by a drug in food/drink (done by Libya Diplomats)!
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