Sorry, but I am out of gift links. Perhaps someone else can provide one:
I gifted it:
4 Likes
I’m still not seeing it as a gift link.
Thanks
1 Like
I was reading the comments, which have a lot of people flaming on about how it is the worst of capitalism to make people work until they no longer have any productivity left. The article contrasts that view with the original intent of SS, which was to help people survive after they were no longer able to work.
My instinct is that we have a bigger problem. AI is going to eliminate so many jobs – especially white collar jobs – that many people will not be working well before the age of 65 or 68 or 70. We will need a) the financial equivalent of SS much earlier; and b) other ways for people to feel good about themselves and their lives without work (in the US, many people’s sense of identity and self-worth is tied to their jobs).
1 Like
Good luck to AI. 
Maybe a few jobs… but not every single one the AI preachers claim. Not for a while.
/I have heard this song and tune back in the early nineties when combinatorial chemistry was supposed to replace every medicinal chemist out there… GIGO. Until that is solved, humans will continue to rule.
6 Likes
My belief is that the tech wizards of any innovation tend to underestimate the speed of adoption (much, much slower than forecast) and dramatically underestimate the penetration of the technology. AI has had very significant penetration in the hedge fund world and behind the scenes in search and online shopping but the generative AI like ChatGPT is just in early days.
1 Like
Absolutely! 
I’m glad both of my boys have decided on careers that can’t be replaced by AI. My older son will be eligible to retire at 50. He won’t, but he could.
2 Likes
Social worker (of last resort)?
1 Like
Sadly, yes, when it comes to the older one. The younger wants to be a physical therapist.
2 Likes
My son is a tech entrepreneur so is already using ChatGPT in his company and is figuring out a new venture that uses generative AI in a fairly clever way. He is unlikely to be displaced by AI. He said to me maybe five years ago when thinking about the penetration of AI, “Dad, what you do as a consultant made sense when you were choosing a career, but in the future, you will need to own the machine.”
My daughter is a Nurse Practitioner doing primary care and also is working on credentialing in psychiatric care as she has been creating groups to deal with issues like teen adolescent anxiety. Her work could be displaced in part by AI. Parts of it less so. She thinks it is very important to touch people when diagnosing – not just tests and conversation – and thought, correctly, that during her phase of Pandemic-era telehealth that she and other providers were missing things by only talking to the person.
3 Likes
I don’t have an answer to this question, but it’s clear to me that there are some people who are still working and should have retired a long time ago, e.g., Senator Dianne Feinstein.
5 Likes
So, the idea from the article seems to be that those with white collar, thinking jobs, should be able to work into their 70s before drawing retirement while those with blue collar, physical jobs, should probably be able to draw retirement before age 65. White women should be able to work longer than black men, etc, before drawing.
Equity based retirement.
1 Like
I’m not so sure that the article is actually pushing the idea of “equity based retirement” - I think it’s bringing up the fact that the optimal retirement age is not a one-size-fits-all thing. Multiple factors should be considered when making decisions that affect different people in different circumstances. The policies end up one-size-fits-all in the end, because that’s how it works … but in making those policies, it’s important to base decisions taking all people into account.
1 Like
My daughter just finished her first year in her dpt program and started clinicals today. Before reading your post, I was thinking at least she will still have a job (the other 4 are business majors)…
1 Like
It most certainly makes sense that some jobs are physically demanding and need younger people to do them, and dangerous jobs that hurt the body need some support for that sacrifice.
I think semi-retirment sounds great. My husband, for example would love to putter at a hardware store for his retirement. Another friend wants to dabble at Disneyworld. A little part time gig can be engaging and fun. Of course volunteering also scratches the itch and keeps you healthy and active.
1 Like
It certainly seems to be saying equity needs to be considered.
In the section from the article labelled “RETIREMENT EQUITY”:
“There are people who do manual labor where at age 65, they really cannot continue to do this very challenging work,” Dr. Cohen said. “Their need to retire needs to be respected.”
For these types of work, retirement can actually improve health outcomes, Dr. Renzi-Hammond said. “If you’re leaving a job that is physically bad for you, where you are getting terrible sleep and you’re constantly stressed out, then retirement is great for your health.”
Life span and health-span are also not consistent across race and gender, both because of the type of work certain demographics are more likely to take part in, and the toll [chronic stress from discrimination] takes on the body.
In his research, Dr. Wettstein found that, at age 50, Black men have a [working life expectancy] of approximately 17 years, while white women could continue working for 24 years. “There is an equity concern there, both on the life expectancy side, and also on the working-life expectancy side,” Dr. Wettstein said.
“We know that Black Americans, particularly, develop illness at earlier ages, live with more disabilities, die younger,” said Dr. Lisa Cooper, director of the Johns Hopkins Center for Health Equity. “So not allowing them to retire until they’re older means they’re just not going to benefit from” Social Security as much. This is also true for people from lower income brackets and those who work in physically intense jobs, she added.
As a result, Dr. Cooper said, “Raising the retirement age needs to be done with all of these issues in mind, because it’s not going to affect everyone the same.”
1 Like
But wouldn’t some jobs be physically demanding but not dangerous to one’s health or prone to causing injuries that lead to disability? Such jobs may have a beneficial side effect of automatically giving the person exercise that is generally very good for maintaining one’s health and ability to continue doing such a job.
1 Like
Universal Basic Income.
1 Like