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Who will they sell to? Will robots buy the things that are made in the end? Why will people build robot factories,cab drivers,teachers and doctors if there is
by sien 15y ago
Who will they sell to?
Will robots buy the things that are made in the end?
Why will people build robot factories,cab drivers,teachers and doctors if there is no demand?
Automation is self-limiting in that the robots will only built if there are consumers who want to buy the end product.
- intended 15y ago- who will they sell to? Thats not a question a corporation is not equipped to care about. Competition and shareholders ensure that a firm remembers its bottom line - to identify targets and to reduce costs - thats it. Competition ensures that automation will stick around in the workforce - If 99% of all firms eschew automation, then the remaining 1% will beat the remainder. (caveat: Ideal perfect competitive situation used) So no matter what - corporations will not care about that kind of thinking, that decision/processing is left up to the greater 'market'.