Partly agreed.
As everyone has the subject of peak of a physical ressource apparently no one is concerned about peak of human ressources.
Outsourcing workload at first is profitable but second one loses skill which grows abroad.
I think that the idea to keep research and development and source out only mechanical repetitive work will fail.
It has already failed in Switzerland.
Their industry depends on continued influx of skill of all kind inclusive of engineering and research experts.
Because as the basic is lost the upper class- so to speak - runs out of ideas.
Manufacturing quality deteriorates and eventually the profit from outsourcing
is lost in extended cost of qualtity control and engineering , rework, and loss of market share.
But the skill is gone.
IMO the way of thinking predominant in a technologically advanced society is already algorithmic. It may be clever algorithms but insofar computers can replace humans because the latter are on their intellectual way down.
Recently a friend adivised me a book written by O'Shea an US mathematician. I said no I am familiar with topology. But he kept on insisting. I read it and I am perplexed. This man has an incredible educational talent. But he is a rare exception.
Thus I am far more worried about peak education than about peak oil and that like.

Computers will never possess these capabilities.

Probably not, however I find this guy's work rather interesting.

Link

Jeff Hawkins
Numenta
November 2, 2007

Jeff Hawkins is the founder of two computer companies, Palm and Handspring, and the designer of many computing products including the PalmPilot and Treo Smartphone. He also founded and ran the nonprofit Redwood Neuroscience Institute (now part of UC Berkeley) and founded the for-profit Numenta, which is developing a new technology, Hierarchical Temporal Memory, based on neocortical memory architecture. Hawkins has a BSEE from Cornell University. He was elected to the National Academy of Engineers in 2003.

See also: Cyc.