QUANTUM COMPUTING AND HOW IT WILL IMPACT THE JOB MARKET

Look what happened in the 1970s. Robots started becoming widely used in manufacturing… Corporations began using computers to automate routine tasks… record keeping, database management, accounting… Spreadsheet software could do the work of dozens of entry and mid-level workers…

This put incredible downward pressure on our value as workers… and pay. Technology slashes the number of people needed to do a job or complete a task. Technology is a deflationary force on wages.

The blame for America’s huge and rapidly growing wealth divide is often pinned on politics, race, interest rates, or our money. The truth is, it’s a force FAR larger and more powerful than any of those things. And it’s rarely talked about. The ROOT CAUSE of wealth inequality is technology.

The American worker hasn’t received a meaningful raise in pay since the 1970s. Americans have no money anymore because they’re not being paid. One of the most fundamental ideas of America itself is the belief that anyone who works hard and perseveres can get ahead. That is just no longer true. No matter how hard they work – or how well their investments do – people struggle to get ahead… while going deeper and deeper into debt.

In the modern digital economy, a rising tide no longer lifts all boats… just the mega yachts.

This is the biggest problem our country now faces. Being drastically underpaid and underappreciated is something people can only take for so long. America’s streets are quickly becoming ground zero for a class war that’s been building for years. As this crisis worsens, everyone left behind will turn to more extreme measures, creating an upheaval like we’ve never seen before. It will be a war between the haves and have nots. The people who understand this technology and everyone else.

This will have huge implications for the political landscape in the coming years. The outcry over low pay, joblessness, and wealth inequality will lead to American political power tilting more and more towards big government… towards socialist thinking.

Now, large percentages of wealthy households don’t earn enough income to repay their debts. The single-digit millionaire is the new middle class. Politicians will never allow tens of millions of citizens to go bankrupt. The only plausible solution is a nationwide program from which all citizens receive a regular minimum income, without a need to work… A Universal Basic Income. Some might think “There’s no way this could really happen… Not here.” However numerous pilot programs are already underway across the country. Many are being touted as huge successes… with full support from Tech’s top business leaders… And why wouldn’t they? Universal basic income is a dream come true for Big Tech. It’s like a subsidy for the digital elite. Why pay the salaries of millions of hard-working Americans when Uncle Sam will do it for you? That’s the new era into which we are entering.

Certain things are inevitable right now. Corporate bankruptcies will increase as AI and quantum computing go mainstream. New technology drives out old. Not everyone will adapt. Not everyone can adapt. Many of the companies that won’t make it are sitting in retirement accounts, IRAs, and 401(k)s as we speak… We saw this with the Internet revolution. Amazon killed hundreds of retail chains… Uber destroyed cabs… Netflix killed Blockbuster… The iPhone was the death knell for Kodak.

The percentage of stocks that produce good returns is about to go way down. The percentage of stocks that turn out to be losers is about to go way up. It’s like a wealth divide in the stock market. This has already started.

Millions of high-paying jobs will be reduced or eliminated as well… Regardless of what you do… Sometime in the next 5 years, you or someone you know will be replaced by a robot or an algorithm that does that job better. One that never sleeps, never vacations, never gets sick, doesn’t need healthcare or a 401(k).

As it worsens, we’ll see more and more people falling behind. There will be riots, protests, and violence on a scale we’ve never seen before. This is prophesied in God’s Word, the Bible, as the state of the world before Jesus returns to restore righteousness and rule and reign on the Earth for another 1,000 years. Bible prophecy warns us that we are approaching the last seven years before Jesus returns. It will be a time of intense persecution of Christians.

Then they will deliver you up to tribulation and put you to death, and you will be hated by all nations for my name’s sake. And then many will fall away, betray, and hate one another. And many false prophets will arise and lead many astray. And because lawlessness will be increased, the love of many will grow cold. But the one who endures to the end will be saved.” Matthew 24:9-13

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.