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I think it's same line of thought that someone would hoard all computers and be in a monopoly position. Super-efficient robotics (without the Hawking's 'monopol
by Geee 11y ago
I think it's same line of thought that someone would hoard all computers and be in a monopoly position. Super-efficient robotics (without the Hawking's 'monopoly fallacy') does one thing in long-term: lowers the price of work to the price of needed energy (+ some investment interest). Everyone can collect a bit of solar energy, and well, robots also won't be expensive at all (so there's not much interest on top of the price of energy). We'll be fine.
Actually, what happens, is that everything will be so cheap there wouldn't be any point of being a 'rich person', or hoard anything at all, because of abundancy. End of capitalism.
edit: There will be ads. Somewhere.