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> humans won't need to do "work" for all of our needs to be met. Ie, we can all go on perpetual holiday and/or work on things we truly love. Unfortunately that
by smallerfish 4y ago
> humans won't need to do "work" for all of our needs to be met. Ie, we can all go on perpetual holiday and/or work on things we truly love.
Unfortunately that's sci-fi utopianism - capitalism doesn't work like that. We've made enormous productivity gains over the past century, and yet we're still all working roughly the same hours (albeit with some additional worker protections) as workers back then, many of us at "bullshit jobs" that don't really need to exist.
When our sectors are automated, guess what - the only people retiring early will be those who own IP or have stock in the corporations who own the automation. Those automated out of jobs will have to find something else to do.
- cjg 4y agoThat will be the point at which the current model of capitalism will fail.
- spaceman_2020 4y agoI would argue that the current model of capitalism is already struggling hard, if not failing. Near-zero interest rates have ensured that the evolutionary mechanisms built into capitalism are effectively negated. Zombie companies that produce no real products or cash flow can exist in perpetuity - far from the "survival of the fittest" ethos of capitalism.