Federal Incentives for Innovation: Hearings, Ninety-third Congress, First Session ... |
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Page 34 - Mr. Chairman and members of the Subcommittee: I am grateful for this opportunity to appear before you today.
Page 123 - Mr. Chairman, I would like to express my appreciation to you and the Committee for this opportunity to testify...
Page 143 - ... the lowest possible cost I want my administration to give priority emphasis to both of these objectives— nothing less will suffice. The electronic computer is having a greater impact on what the Government does and how it does it than any other product of modern technology. The computer is making it possible to — send men and satellites into space — make significant strides in medical research — add several billions of dollars to our revenue through improved tax administration — administer...
Page 146 - I believe It is just as reasonable to expect the employer to pay the cost of retraining, including the payment of wages during the retraining period, as it is that he should pay the cost of building the new plant or installing the new equipment.
Page 146 - You can easily see that if automation is going to displace any substantial number of workers in either of these two ways, we will need a carefully organized retraining program to give them the opportunity of acquiring the skills they will need. Such a program must take into account the needs of the workers, the fact that most of them will be mature men and women to whom the learning of new skills may not come easily, and that they have to live and support their families while they are acquiring these...
Page 150 - The results of these hearings and ensuing studies should lead to positive recommendations from this committee to the Congress. Such recommendations should cover the problems of displaced workers, industry migrations, stranded communities, small business and education requirements. Above all, such recommendations should promote national economic policies, designed to expand consumer purchasing power, with sufficient speed so that we shall be able to buy and consume the vast flood of goods and services...
Page 145 - But we oppose those who would introduce automation blindly and irresponsibly, with no concern for any result except the achievement of the largest possible quick profit for themselves. When the first industrial revolution took place, no effort was made to curb or control greedy, ruthless employers. Businessmen took advantage of unemployment to force workers to labor...
Page 145 - ... what impact it has had or will have on our lives. As a result, an exhaustive list of the problems that automation will pose does not yet exist. There are some problems, however, which can be foreseen. Obviously, there will be problems for the workers who are displaced from their jobs by automation. This is not merely a problem of finding a new job. One point on which most of the writers on automation seem agreed is that, by its very nature, automation will tend to eliminate unskilled and semiskilled...
Page 146 - An alternative solution will have to be found in the case of older workers, not old enough for normal retirement, but too old to learn new skills or to adjust to the demands of the new technology. A single instance will be enough to point up the problem. This is from a report in the New York Post: Then there are workers who can't keep up with automation.
Page 141 - ... with further displacement of US production and loss of American jobs. The basic causes are major changes in world economic relationships during the past 25 years, which accelerated in the 1960s. Among these changes are the spread of government-managed national economies, the internationalization of technology, the skyrocketing rise of investments of US companies in foreign subsidiaries and the mushrooming growth of the US-based multi-national corporations.