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Not possible with a capitalistic system in place but definitely possible. We would still have the same resources being produced possibly more if robots are more
by 14 3y ago
Not possible with a capitalistic system in place but definitely possible. We would still have the same resources being produced possibly more if robots are more efficient at the jobs. But of course robots will initially be used to rake in more cash for their owners. Later we will get Star Trek way of life where things hold less value because we will easily produce more then we need and stop trying to sell everything.
- kube-system 3y ago> robots will initially be used to rake in more cash for their owners. And as long as regulators maintain a competitive marketplace, the plummeting in costs to operate a business will result in lower prices. Labor is the largest cost for most businesses, and businesses that take advantage of new automation typically use it to undercut their competitors prices.