Julian Robertson Quotes

New technologies are wreaking havoc on employment figures - from EZpasses ousting toll collectors to Google-controlled self-driving automobiles rendering taxicab drivers obsolete.

Massive increases in productivity due to the happy marriage if information technology and advanced manufacturing techniques are having a chilling, unprecedented effect on job creations.

It's hard to think that Mark Zuckerberg is actually impoverishing anyone by getting rich with Facebook. But driverless cars are another matter entirely.

The benefits of having robots could vastly outweigh the problems.

We have come to the point where a new machine invented in England deprives millions of Chinese workers of their livelihood within a year's time.

The introduction of machinery is turning into idleness thousands, faster than new industries are founded

Automation is going to cause unemployment, and we need to prepare for it.

The two things I'm most excited about are self-driving cars and speech. Speech doesn't sound like that much, but it's one of those technologies with the potential to change everything. Steve Jobs didn't invent the touch screen. He just made it work very well, and that's changed everything.

What people are now realizing is that this formula that technology destroys jobs and creates jobs, even if it's basically true, it's too simplistic.

The bottom line is that while automation is eliminating many jobs in the economy that were once done by people, there is no sign that the introduction of technologies in recent years is creating an equal number of well-paying jobs to compensate for those losses.

All you need is self-driving cars to destabilize society.

I don't think that all the coal miners - or even more realistically, say, the truck drivers whose jobs may be put out by self-driving cars and trucks - they're all going to go and become web designers and programmers.

My opinion is it's a bridge too far to go to fully autonomous cars.

Technology magnifies differences, and it's been replacing or obviating jobs for a long time. But what happens as that case accelerates? I'm not one of these doomsayers who says, 'There will be no jobs.'

Everybody thinks that when new technologies come along that they're transparent and you can just do your job well on it. But technologies always import a whole new set of values with them.

I'm afraid for all those who'll have the bread snatched from their mouths by these machines. What business has science and capitalism got, bringing all these new inventions into the works, before society has produced a generation educated up to using them!

I just think we're living in a time of massive, amazing change, like the Industrial Revolution on acid.

If your business is really easy to do, don't gloat. You might be out of a job soon.

AI will probably most likely lead to the end of the world, but in the meantime, there'll be great companies.

If you want to bring down the prices of healthcare and education, the answer will be more innovation, more technology, which will then have the effect of freaking everybody out and saying, 'Oh, my God, you're going to kill all the jobs.'

The global equalization of wages and the exponential growth in technology has created a job-killing machine that's only going to get worse.

The root of the worker’s resistance to technological change is the conflict between labor as a commodity and labor as a resource. Increased productivity imposes upon the worker a risk of obsolescence.

Displacement by technology has probably occurred since the invention of the shovel.

Only in a minority of cases will workmen be able to recognize the technological change responsible for their dismissal. For this it would be necessary that machines be introduced in an existent plant under the eyes of the workmen and that dismissal be effected immediately after.

Man is going to be displaced altogether as a specialist by the computer. Man himself is being forced to reestablish, employ, and enjoy his innate "comprehensivity.