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And now to the stunning and exciting news.
Which I believe you'll agree, shows once again that at "Whipple's"
we only take forward steps
This is the X109 B-14 modified, transistorized,
totally automatic assembly machine, which:
Eliminates 61,000 jobs. 73 bulky, inefficient machines,
81,000 needless man hours per 11 working days, and:
4,000,000 dollars in expenditures each year for:
employee hospitalization, employee insurance, employee welfare,
and employee profit participation.
Within 6 months, our entire production facilities will be totally automated.
Ladies and gentleman, from now on
Whipple's will operate from a brain center with machines, such as this one.
Recently, there was a study by economist, David Autor of MIT
that states that our middle class is obsolete and being replaced by automation
Quite simply, mechanization is more productive, efficient, and sustainable
than human labor, in virtually every sector of the economy today.
Machines do not need vacations, breaks, insurance, pensions,
and they can work 24 hours a day, every day.
The output potential and accuracy compared to human labor, is unmatched
The bottom line, repetitive human labor is becoming obsolete and impractical across the world
and the unemployment you see around you today,
is fundamentally the result of this evolution of efficiency of technology
For years, market economists have dismissed this growing pattern.
Which can be called, Technological Unemployment.
Because of the fact that new sectors always seem to emerge to re-absorb the displaced workers.
Today, the service sector is the only real hub left
and currently employs over 80% of the American work force
with most industrialized countries maintaining a similar proportion.
However, this sector is now being challenged increasingly,
by automated kiosks, automated restaurants, and even automated stores.
Economists today are finally acknowledging what they have been denying for years.
Not only is technological unemployment exasperating the current labor crisis we see across the world.
Due to the global economic downturn.
But the more the recession deepens, the faster the industry are mechanizing.
The catch, which is not realized, is that the faster that they mechanize to save money.
The more they displace people, the more they reduce public purchasing power.
This means that while the corporation can produce everything more cheaply,
fewer and fewer people will actually have money to buy anything, regardless of how cheap they become.
The bottom line is that the labor for income game is slowly coming to an end.
In fact, if you take a moment to reflect on the jobs which are in existence today,
Which automation could take over right now if applied,
75% of the global workforce could be replaced by mechanization tomorrow.
Tell me, you really expect to automate this place in 6 months?
Hmm, 4 months would be a better guess.
You know, there are a lot of things going into the old trash heap Hanley?
Time clocks for instance, there won't be anyone to punch in or out.
I think I'll donate them to a museum.
Something Hanley?
Yes, something. Something like, A LOT OF MEN OUT OF WORK.
You know what your trouble is Hanley?
Your holding on tight to this 19th century.
I'm holding tight to some principles, Mr. Whipple.
Some principles that have to do with firing.
Tell me, Mr. Whipple, why are you so eager to replace men with machines?
Ever occur to you that you might be trading efficiency for pride?
PRIDE?!
YES, pride, Mr. Whipple, craftsmanship. What a man feels when he makes something!
Tell me, what do you suppose that machine of yours feels anything, anything at all?
What the devil can I do with pride?
Can it, bottle it, wrap it, produce it? I'm not selling pride, I'm selling product!
However, we're not only faced with ongoing systemic global debt defaults.
We're also faced with incoming labor collapse, or growing labor collapse across the world.
Due to again, technological unemployment.
Largely ignored by economists.
Who choose to see, basically what they prefer to see, the best that I can tell.
The invention application of technology is what has caused every major shift of human labor throughout history.
Given the exponential literally rise in our development in automation and computer technology, artificial intelligence.
I'm sorry to say, well actually, I'm very happy to say,
Is that humans really don't stand a chance to compete with what we've created.
We can't personally evolve as fast as our technological ingenuity is.
And the effectiveness and application over time is powerful
and either a shift happens,
or we just continue through this constant grind down of de-stabilization through global unemployment.
Now, you realize that this somewhat wholesale discharge
has nothing whatever to do with dissatisfaction on your part or that of the man.
It's merely progress, Mr. Dickerson, progress.
Out with the old, in with the new, automation. That will be all Mr. Dickerson.
We also need to use the most efficient methods
For producing those goods
and in this case, deliberate mechanization
Technological unemployment, and I've talked about this at length, I'm not going to go into too much detail here.
But, it is now inverse to productivity in most sectors.
In other words, the more people are displaced, the more mechanization comes in, the greater the productivity.
That's an amazing change in the paradigm, as far as the way we've been operating for thousands of years.
This literally means it is in fact negligent, literally irresponsible for us to not mechanize on every relevant level.
If we wish to be again, truly efficient and respect the nature and habitat that we live in.
Shall I tell you the difference Mr. Dickerson, between you and it.
That machine costs 2 cents an hour for current, it lasts indefinitely.
It gets no wrinkles, no arthritis, no hardening of the arteries.
That one machine is a lave operator, a press operator,
Two of those machines replace a 114 men that take no coffee breaks, no sick leaves, no vacations with pay.
Oh, Hanley! This might interest you.
This is a tape control 7 access.
Well, they call it a sentry.
You know what it does?
It keeps an eye on every operation in the entire plant.
It keeps absolutely accurate data on man hours, cost hours, product rejects, just everything!
It's the most sophisticated machine I've ever seen. I just bought it.
And, how many men does it replace?
And, how many men does it replace?
Oh, well, this should please you, only one, just one.
As a matter of fact Hanley, it replaces you.
A perfect letter, not one error or erasure.
Typed at the moment of conception, am I getting through to you young man?
I presume you mean that secretaries are obsolete now?
Precisely obsolete,
And do you know what else it means? It means there will be no more powder rooms, no more coffee breaks,
No more work stoppages due to various inconveniences such as, maternity and that sort of thing.
Inconveniences like maternity?!
You'll have to forgive me Mr. Whipple, but if we keep this up with this sort of thing, we're going to have wonderful products, but mighty few people to buy them.
That is not my concern. I am here to provide efficiency, that is my only concern.
Scientists never seemed to grasp, the enormous potential,
Of machines to free people from arduous and repetitive labor.
What would we do, if we didn't have to work, all the time.
The answer to the new question, what is human life about, and what are we going to do with all this time,
Up until this time, you had to work.
We now realize, that it is an insult for any american citizen to be forced do a job, that can be done better, by a machine.
I propose this, I want you to think about this
Lets realize that work is something done by robots. So the new motto becomes,
Robots work,
Human beings,
PERFORM
How are you finding retirement?
Oh, tolerable Mr. Whipple, tolerable.
I manage to keep busy, not as much as I'd like
My wife says I'm underfoot, but I do alright.
But, you know it's kind of nice, to sleep late in the mornings.
It's important, this retirement I mean.
Very important,
Man should have time for leisure when he grows older.
It's important, he have time for leisure...