This is a Tipping Point: Robots ‘Cheaper Than Any Human Worker’ Means the End of Jobs

Before future-history brings us a dark and grim reality pitted against a killer Terminatorrobot army, humanity will have to face job killing robots.
And that may be the bloodiest period of human history, after unemployment leads to riots, unrest and bitter aftermath scenarios play out as a consequence.
Robotic labor is now literally cheaper than human labor, and it is poised to undercut work forces and drive layoffs in even in the most exploitative, slave-wage factories in the world.
Mass unemployment, destroying jobs in every conceivable sector, is a growing danger. Truckers, factory workers, waitresses, teachers, bureaucrats and bosses are all directly threatened by robotic labor, with millions and millions of Americans facing a 90-99% chance of termination (check out your odds in this jobs calculator). In a short span of time, employment could go from bad to virtually non-existent.
The system is already strained to the max, and millions of Americans are struggling just to get by. Those in the Middle Class are endangered. The poor and nearly-poor are the most dependent on government that they’ve ever been in history, and tens of millions more will soon join them, and become almost completely dependent on the State for their livelihood.
Now, South Korea is making a huge move to undercut China on labor costs by displacing humans once and for all in their production facilities, in a bid to edge up on their Asian rival. Samsung has vowed to create robots – who do the work automatically, and without the need for breaks, meals, or days off – that are literally ‘cheaper than any human worker.’
This is the tipping point. Things will not get better from here without a great and painful struggle.
The Metro reports:

This post was published at shtfplan on October 19th, 2015.