Human Labor Obsolescence State
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A Human Labor Obsolescence State is a labor market state where human labor work becomes human labor economically unviable due to human labor technological substitution.
- AKA: Human Work Obsolescence State, Labor Market Displacement State, Technological Unemployment State.
- Context:
- It can typically eliminate Human Labor Economic Value through human labor technology competition.
- It can typically reduce Human Labor Wage Levels below human labor subsistence thresholds.
- It can typically transform Human Labor Market Structures through human labor technological disruption.
- It can typically affect Human Labor Force Participation through human labor job elimination.
- It can typically create Human Labor Income Crisis for human labor displaced workers.
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- It can often result from Human Labor Productivity Differentials between human labor human workers and human labor automated systems.
- It can often accelerate Human Labor Social Stratification between human labor capital owners and human labor workers.
- It can often necessitate Human Labor Economic Restructuring of human labor distribution systems.
- It can often require Human Labor Policy Responses like human labor basic income programs.
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- It can range from being a Partial Human Labor Obsolescence State to being a Complete Human Labor Obsolescence State, depending on its human labor displacement extent.
- It can range from being a Temporary Human Labor Obsolescence State to being a Permanent Human Labor Obsolescence State, depending on its human labor duration.
- It can range from being a Sector-Specific Human Labor Obsolescence State to being an Economy-Wide Human Labor Obsolescence State, depending on its human labor industry scope.
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- It can be caused by Technological Labor Replacement Processes in human labor affected sectors.
- It can lead to Post-Labor Economic Systems as human labor adaptation responses.
- It can contribute to Economic Super-Abundance States through human labor productivity gains.
- It can follow Technology Disruption Patterns in human labor market evolution.
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- Example(s):
- Historical Human Labor Obsolescence States, such as:
- Contemporary Human Labor Obsolescence States, such as:
- Projected Human Labor Obsolescence States, such as:
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- Counter-Example(s):
- Labor Shortage State, which has insufficient workers for available jobs.
- Full Employment State, which provides work opportunitys for all job seekers.
- Labor Market Equilibrium State, which balances labor supply and labor demand.
- See: Labor Market State, Technological Unemployment, Mass Unemployment, Technological Labor Replacement Process, Post-Labor Economic System, Economic Super-Abundance State.