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And who will consume the output of these robots? Surely not the unemployed workers they replaced.
by sdze 3y ago
And who will consume the output of these robots? Surely not the unemployed workers they replaced.
- brucethemoose2 3y agoAs Duncan kinda pointed out, thats not a corporation's concern... especially those that are first to automate.
- vidarh 3y agoHence Marx prediction of capitalism eventually suffering from simultaneously crises of overproduction and underemployment. A prediction based only on two assumptions: that capitalism will continue to increase productivity and reduce costs, and that eventually the only cost that can still be cut will be labour. His third prediction is one we can hope is wrong: that society will stubbornly refuse to adapt until the issue is forced by uprisings.