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> More likely, services that are easier to automate will survive while those that aren't will not. This seems like the most likely thing to happen, and there w

> More likely, services that are easier to automate will survive while those that aren't will not. This seems like the most likely thing to happen, and there will probably be many more of the later than the former. None of this though is obvious to me that will lead to broad based wage increases wrt cost of living out side of those exposed to sectors that are going to become increasing automated and we'll continue to see downward trend in LFP from those exposed to the later.

seanmcdirmid 5y ago
There is a fear that automation is becoming more affordable, and that eventually most jobs at the low end of the economy will be gone. It is not like technology is standing still here, the problem is what will we do with our labor surplus after that happens (something like a UBI will really be needed or society is in deep trouble).
- cinquemb 5y ago
  > There is a fear that automation is becoming more affordable From whom? Not from me… i welcome it and understand that the incentives are in place to drive this, just like it really always has (like you said: "It is not like technology is standing still here"). > and that eventually most jobs at the low end of the economy will be gone. Probably true in general, eventually at least. > (something like a UBI will really be needed. With our current form of governance (centralized, easily corruptible, lack of provenance/accountability in the decision making chain of bureaucracy, tendency to be opaque from the public) and resource allocation, this is untenable. > the problem is what will we do with our labor surplus after that happens And this cannot be a top down thing, if it is, expect heavy resistance when things start to go sideways. > or society is in deep trouble) This likely true imo, I think things need to get worse before they get better.
  - seanmcdirmid 5y ago
    If a peaceful solution through our governments can’t be found, either the poor people will revolt and somehow nationalize the robots, or the capitalists will use the robots eliminate the poor people whose labor they don’t need anymore. Either is a dystopian future that is more likely than most think.
    - cinquemb 5y ago
      > If a peaceful solution through our existing forms of centralized governments can’t be found, either some people will revolt while most sit to the side and just follow/or killed and somehow those who survive will do something else like people have always have FTFY, I'm personally not interested in "binning" the future into simple extremes, and the odds of it being anything else than what is encompassed by either: > nationalize the robots, or the capitalists will use the robots eliminate the poor people whose labor they don’t need anymore are very high imo.

seanmcdirmid 5y ago

There is a fear that automation is becoming more affordable, and that eventually most jobs at the low end of the economy will be gone. It is not like technology is standing still here, the problem is what will we do with our labor surplus after that happens (something like a UBI will really be needed or society is in deep trouble).

cinquemb 5y ago
> There is a fear that automation is becoming more affordable From whom? Not from me… i welcome it and understand that the incentives are in place to drive this, just like it really always has (like you said: "It is not like technology is standing still here"). > and that eventually most jobs at the low end of the economy will be gone. Probably true in general, eventually at least. > (something like a UBI will really be needed. With our current form of governance (centralized, easily corruptible, lack of provenance/accountability in the decision making chain of bureaucracy, tendency to be opaque from the public) and resource allocation, this is untenable. > the problem is what will we do with our labor surplus after that happens And this cannot be a top down thing, if it is, expect heavy resistance when things start to go sideways. > or society is in deep trouble) This likely true imo, I think things need to get worse before they get better.
- seanmcdirmid 5y ago
  If a peaceful solution through our governments can’t be found, either the poor people will revolt and somehow nationalize the robots, or the capitalists will use the robots eliminate the poor people whose labor they don’t need anymore. Either is a dystopian future that is more likely than most think.
  - cinquemb 5y ago
    > If a peaceful solution through our existing forms of centralized governments can’t be found, either some people will revolt while most sit to the side and just follow/or killed and somehow those who survive will do something else like people have always have FTFY, I'm personally not interested in "binning" the future into simple extremes, and the odds of it being anything else than what is encompassed by either: > nationalize the robots, or the capitalists will use the robots eliminate the poor people whose labor they don’t need anymore are very high imo.