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And within 20 years engineers will be building robots to replace most unskilled laborers anyway. The real issue is, what happens when robots can replace engine
by klipt 11y ago
And within 20 years engineers will be building robots to replace most unskilled laborers anyway.
The real issue is, what happens when robots can replace engineers?
- darawk 11y agoYes, your first point is the true argument against raising unskilled laborer's wages. The higher their wages are, the more cost-effective it becomes to replace them with robots. I'd argue that this is probably ultimately a good thing, but many people see it as a reason to avoid raising minimum wages. As for what happens when robots replace engineers, that is essentially the singularity you're talking about. And what happens then is presumably some form of post-scarcity economics (https://en.wikipedia.org/wiki/Post-scarcity_economy https://en.wikipedia.org/wiki/Post-scarcity_economy), though its hard to say exactly what form that will take.
- TeMPOraL 11y agoFreedom for all mankind, hopefully. Or death and bloodshed as more and more people get excluded from the economy and are left to starve. It's up to us to pick a direction, and the time for it is starting now.
- gnaritas 11y agoYup, and it looks to be going the death and bloodshed route, but that's no surprise, it's what we do.