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The unsafe, low-pay factory jobs will probably be replaced by robots before that happens. There are already a lot of cases for which Chinese workers are more ec
by lukeschlather 15y ago
The unsafe, low-pay factory jobs will probably be replaced by robots before that happens. There are already a lot of cases for which Chinese workers are more economical than robots - but robots are more economical than low-pay Americans.
- batista 15y agoThere's the problem of who will buy the robot-produced goods (and fund the robot factories), when the large masses earn shit because of being replaced by robots. Henry Ford had a lot to say on this very matter of paying employees well in general.
- jpadkins 15y agowhen goods are produced by robots, goods will be so cheap that people with low wages will be able to purchase those goods. The higher the productivity of economy, the less people have to work. increased productivity helps all of mankind. At infinite productivity, nobody has to work anymore...