I have always thought there is an optimistic version and a pessimistic version of this. The optimistic version is that technology creates enough wealth to prov

I have always thought there is an optimistic version and a pessimistic version of this. The optimistic version is that technology creates enough wealth to provide a basic income for everyone when the value of most human labour is diminished. The interesting part here is who 'everyone' is, because in our imagination it rarely includes impoverished countries. The pessimistic version is that technology could already create enough value for everyone, but what it really does is it increases inequality. The value of automation might be captured by few large companies and a technological elite in a few countries, which have no incentive to support the rest of humanity other than to avoid a bloodbath. Combine this with vastly increasing populations in developing countries and resource scarcity + climate change in various regions causing mass migration movements, I just do not see how this can really workout peacefully. If people have seen the movie Elysium, I always feel that this is already happening, just that Europe and the US are Elysium, and it is only about to get worse.