3 ms·
This was a concern among some economists in the 20th century: what would happen to society when 20% of the people produced all the goods and services? With incr
by jmyeet 3y ago
This was a concern among some economists in the 20th century: what would happen to society when 20% of the people produced all the goods and services? With increasing automation, it seemed like that would happen eventually.
Now it didn't happen in the 20th century. Most jobs we did in 2000 simply didn't exist in 1900. That same principle is extended ad infinitum to argue there's no problem with the current economic order.
Bullshit jobs are really a response to that problem (IMHO).
Automation could be a paradise. A future where people don't have to worry about time off task in an Amazon warehouse or work extra jobs delivering food could be fantastic. Or this could be a dystopian hell as automation allows the capital-owning class to capture even more of the labor value so we can further concentrate into a class of hyper-wealthy.
In our current political climate, the dystopian hellscape of subsistence living at one end and trillionaires at the other seems more likely.
The problem is capitalism.