I am down-voting him because, after two centuries of automation, the unemployment rate still hovers between 5 and 10 percent. In short, his ideas have no basis

I am down-voting him because, after two centuries of automation, the unemployment rate still hovers between 5 and 10 percent. In short, his ideas have no basis in reality and he makes no attempt to justify them. It is simple internet pop economics, and the world has too much of it. Not down-voting people like this is what leads to politicians getting away with ignorant demagoguery on economic subjects and a population too ill-informed to call them out on it. Sure, when the singularity comes things may be different. But if that is his case, then he should make the argument. The parent comment is just noise.