It’s the same since industrialisation, it’s not that we have less work, we have less of some type of work. The issue is that after automation the “old” jobs of

It’s the same since industrialisation, it’s not that we have less work, we have less of some type of work. The issue is that after automation the “old” jobs often don’t pay well, and the new jobs that do are (by virtue of the multiplier of technology) actually scarcer than the ones it replaced. While in a craftsmanship society you had people painting plates for the well to do, factories started mass painting plates for everyone to own. Now this solved the problem of scarcity, which is great. But it created a new problem which is all those craftsmen are now factory workers whose output is more replaceable. If you’re more replaceable your wages are lower due to increased competition. Now for some things this is great, but Marx’s logic was that if technology kept making Capital able to use less and less Labour (increasing profits) then eventually a fairly small number of people would own almost everything. Like most visionaries he was incredibly off on his timeline, and he didn’t predict a service economy after we had overabundance of goods. So yet again Marx’s logic will be put to the test and yet again we will see the results. I still find that his logic seems fairy solid, although like many others I don’t agree with the solutions. I wonder how well the this will hold up against AI.