> What is so undesirable about productivity going up by a factor of a 100 or a 1000 and everyone living like an aristocrat, because machines do all the work? Wh

> What is so undesirable about productivity going up by a factor of a 100 or a 1000 and everyone living like an aristocrat, because machines do all the work? Why is full employment such an obsession? Nothing is undesirable about the future you laid out in your comment, except for the fact that it will never ever happen the way you describe (be nice if it did, but I'm not holding my breath). You could have made similar claims about the computer or the internet back in the day, but what we've seen from those technologies is ever increasing concentration of wealth in a few hands, which is what technology does, it centralizes by default. And most human attempts to redistribute wealth on a large scale have been more disastrous than the inequality they were trying to solve.