Are Machines Better Than Human Capital?

When we go back in time, we have evidences how people have fought to earn money. There were jobs where you can earn plenty of money. Simply, no matter how much we deny, we need money to live. That’s why there is a competition among people when it comes to the job field. Link here to gain information about tobacco machines.
After the revolution, thousands of people lost their jobs. Prostitution is one of the consequences of the revolution. There were some events that even people killed themselves. However, in the 21st century, it’s utterly obvious that the machines have outrun the human capital. This is one of the main reasons that most of the countries have a higher rate of unemployment.
There are both pros and cons about the machines outrun the human capital. When we talk about the pros, industries can complete the task very fast. And most of the time the productions are error-free. Moreover, these machines pave the way to a new technological world. As some people point out, using machines instead of human capital is not a bad idea as it seems. Yes, there are disadvantages, obviously, because everything comes with a price. But, we have to move on with the world. As I have mentioned earlier, we are in a competition. If you want to be successful, you have to accept the latest technologies.
There are thousands of industries which take the support only from the machines. For example, take Japan. This is the country which invents latest technologies such as robots and other “idea products”. Moreover, we all know that there are these car manufacturing industries such as Toyota, Isuzu which only use the support of machines. Not only in big industries like that, have people got the support of the technologies when it comes to automatic cigarette machines also.
Even though your industry is a small one, you can get the support from the technology like when it comes to automatic cigarette machines.
There are also cons when the machines outrun the human capital. As we all know, this leads to unemployment, sometimes a short one sometimes a long one. However, the ultimate result is unemployment. The saddest past about this is, even though you have outstanding qualifications, you won’t be able to find a job easily. This technological outrun will waste your time.
We have seen there are some people who have really good qualifications, but still unemployed. Or, even if you have employed in an industry, you will have to work for a short period of time. This means you will not get paid enough. As there are advantages of technology, it’s clear that the same technology can ruin one person’s life.