How many of you are aware of the fact that we are inevitably heading torwards a situation where with the conqeust of automation: production will skyrocket, unemployment will stagnate(flatten at 60-85+% of population unemployed), and purchasing power will plummet(no money in majorities pockets to afford anything being produced by companies). — XanderTheGrey
Essentially a situation where we can produce things at nearly 0 cost, and yet no one hase enough money to make the wealthy significantly wealthier. — XanderTheGrey
The automation of jobs debate is then a new angle here. There is no reason why we can't both automate life and then manage to spread the wealth of that through society in deliberate fashion. — apokrisis
But I say that more in hope than expectation. Governments have become scelerotic and weak. No one dares any radical moves as the world economy feels too precariously balanced to truly question anything.
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