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Well I was referring to the parent comment. > There's a possibility that we won't invent new jobs in time. We should think about what that means. Of course th
by mnsc 10y ago
Well I was referring to the parent comment.
> There's a possibility that we won't invent new jobs in time. We should think about what that means.
Of course the market ponders the future but only in order to make the largest profits and it can only think about things that easily can be reduced to money/value. So what I meant was more that it can't think about the "meaning" of a current trend, ie jobs going away. In retrospect it _can_ see what the change "meant" for the economy.
What I'm saying that that we can try to think about the possibility that automatization will eat jobs at a rate greater than it creates jobs. We can hypothesize that there will be a new equilibrium in the future. If that time is decades away and during this process many people will be thrown out of a meaningful/constructive way of life where you have a job into a highly stressful hankering along on random shit it might be a good idea that we together (those who have jobs) pool a part of our income and provide something like a minimum wage (or something that we think out which is super way better) by taxation. Sacrificing a bit of the speed of which the the total capital accumulates with the 1% in order to provide a better life for the 99%.
- mnsc 10y agoI'm a swedish social democrat, I really shouldn't be discussing politics on HN.