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With automation how are they expected to even service that debt, much less pay it off? If you can't pay minimum interest on the debt and it keeps growing. What
by devoply 10y ago
With automation how are they expected to even service that debt, much less pay it off? If you can't pay minimum interest on the debt and it keeps growing. What then? Will you have to service the debt out of your guaranteed income?
- VickBear 10y agoBy automation you mean in many, many years, right?
- devoply 10y agoAutomation will start causing job loss by the millions in 5 years. So no I mean it's a problem creeping up very quickly. Initially it will be less qualified workers, but the fact is that many university grads, say art majors, end up in less qualified jobs (if they exist).
- joshkpeterson 10y agoCareful, there's an art major who does software development for a living replying to your comment right at this moment :)
- deleted 10y ago[deleted]