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Except that in the long-term endgame of automation, capitalism (or, to be more precise and less labelly, the private ownership of the vast majority of capital i
by nhaehnle 11y ago
Except that in the long-term endgame of automation, capitalism (or, to be more precise and less labelly, the private ownership of the vast majority of capital in the hands of a minority) really is the problem. I've expanded on this a bit more here: https://news.ycombinator.com/item?id=10369466 https://news.ycombinator.com/item?id=10369466
That said, this is a discussion about the endgame of automation. In the current state of affairs, I absolutely agree with you that the unreflected "down with capitalism" one occasionally hears is counter-productive. You just also have to be aware that the endgame of automation is quite likely a qualitative change instead of only a quantitative one, and will require some serious re-thinking of economic models.