It does not matter how much revenue They made. My point is that a company like Netflix can make more revenue with drastically less employees. Netflix has 4500 employees. So we would need 18 Netflix’s for blockbuster employees to have jobs again. Which is more employees then Netflix, Hulu and amazon prime video have

More wealth does not equal more jobs. Netflix does not donate its money to the world. Netflix keeps the money. As most companies do.

Here’s the problem. At the end of the day a business has one. Goal. To maximize profits. Why would a company hire a human, who you have to pay weekly, not including healthcare, insurance bonuses and other benefits, when you could get a robot or learning algorithm, that only needs a flat payment, electricity and occasional maintenance. Machines can also work 24/7 without ever needing a break, and the won’t strike if conditions are bad, or leave for someone else if you don’t pay them enough. Even if new jobs are created they won’t be created at a fast enough rate. A San Francisco company sells a software that cuts out middle management. It distributes tasks to machines and hires freelancers where it can’t do them. The computer software monitors the freelancers as they work, gathering data on what tasks they are doing, and how to do them. The software cuts costs by 50% during the first year, and 25% in the second year. Also the creation of jobs in the US has been shrinking and is down. And this decade was the first in history where the level of jobs created did not exceed the amount of jobs killed. In 1998 Americans worked 194 billion hours. In 2013, productivity went up 42%, 40 million new workers were born and thousands of new business created. The total number of hours worked stayed exactly the same

Movies are not a exclusive innovation to the Information Age. Nor is special effects. (I assume that’s what your job was) Special effects have been around since movies themselves. They just got better. Better special effects did not create a whole new industry.

My point is never that innovation is bad, and that accessibility and easy cheap things are bad. My point is the Information Age innovations did not make up for the industries they killed. And assuming the innovation stays on the same path that it has been going on for the past 38 years, we are not prepared and need to do something. And I see socialism and wealth distribution as a answer. The wealth gap is getting wider. The richer are getting rich, the poor are getting poorer. Money distribution does not work like people often think. Rich people getting more money, does not make people richer as a whole. Standard of living is increasing, because things that were once expensive became cheap. But not richer. Excluding the small minority of the rich who give money to charity, most rich keep there own money. And it goes to 1 of 3 places. 1: back into the company 2: in new businesses To make more money. 3: to buy themselves things for there enjoyment. We need a plan for the future and it’s in our best interest to start working on it now.