3 ms·
>Raise wages? I think if the choice is between spending money now for r&d that enables future free labor or spending more now and forever on human labor it's o
by idiotsecant 3y ago
>Raise wages?
I think if the choice is between spending money now for r&d that enables future free labor or spending more now and forever on human labor it's obvious what choice a capitalist system incentives.
We are rapidly approaching an inflection point where the rules of capitalism don't work anymore. The road bifurcates there and I'm not sure that we are capable of getting the good ending.
- lp4vn 3y ago>We are rapidly approaching an inflection point where the rules of capitalism don't work anymore. The road bifurcates there and I'm not sure that we are capable of getting the good ending. What are you talking about exactly? Can you elaborate?
- JumpCrisscross 3y ago> We are rapidly approaching an inflection point where the rules of capitalism don't work anymore I assume this is a reference to a technological singularity [1]. At the point capitalism breaks down, virtually every other social institution does as well. Until we know what that future looks like, and what the new constraints are, it is impossible to put in place a better system. [1] https://en.m.wikipedia.org/wiki/Technological_singularity https://en.m.wikipedia.org/wiki/Technological_singularity
- rightbyte 3y agoSince when are long term profits of any concern? Also, first mover disadvantage. You can just wait for someone else to figure it out and learn from them. This is clearly a pet project or from the marketing budget.