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An increasing percentage of wealth in the U.S. is created by systems and automation; individual people are no longer as competitive and this is reflected in low
by benlivengood 6y ago
An increasing percentage of wealth in the U.S. is created by systems and automation; individual people are no longer as competitive and this is reflected in lowered wages. The trend will continue.
People who can create systems and automation still have value but the economic machinery will optimize us out of the picture eventually. We're literally training our replacements with ML.
There's no rich CEOs or politicians to blame; we're part of an optimization process designed and evolved to find and exploit efficiencies and loopholes in the existing protective framework of government and cultural/social values.
The solution is to work together as humans to correct and augment the incentives of the current economic system. Economic growth and activity is only a shadowy proxy of human happiness and satisfaction.