This is why people like Peter Thiel have compounds on island nations like New Zealand. Economists say we’re in the midst of a long and painful transition betwee

This is why people like Peter Thiel have compounds on island nations like New Zealand. Economists say we’re in the midst of a long and painful transition between the old manufacturing economy and... something. The question is, are we going to inch closer to an ideal socialist utopia where everyone has more or less everything because production is so cheap (like in Star Trek), or towards a capitalist dystopia where the Thiels of the world hoard everything in a progressively smaller elite fraction of the population. I’d be very interested to see what China does. 1+ billion people. Do they leave them without jobs? Legally mandate manufacturing to include vast human employment? 100s of millions of people without a purpose will not end well. Just look at the Middle East. People will fight hardest when the stakes are so low. We’ve already got Trump in the US, BJ in the U.K. What will we get next as human labor becomes less and less necessary?