4 ms·
I think this misunderstands economics. The day robots are in the market the value of what they produce will drop to nothing, much like most things done in high
by conanbatt 9y ago
I think this misunderstands economics. The day robots are in the market the value of what they produce will drop to nothing, much like most things done in high scale by machines today.
The value of things are proportional to the human labor expended to make them, if robots do free shipping and all of that, their cost will tend to drop to the cost of making the robots.
The public narrative that robots should be taxes is as logical as saying we should tax computer, or hammers. Its not economics. A more compelling argument is that the shift of work in the future will be even more detrimental than what we know, which might be true, but it has also been true in the past.
- learc83 9y ago>The value of things are proportional to the human labor expended to make them That's one theory of value--there are many others.