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There is a simple fact that means we won’t have zero jobs in the future. Human wants is endless. At no point will humans say ”that is enough we don’t need more”
by victorbjorklund 9mo ago
There is a simple fact that means we won’t have zero jobs in the future. Human wants is endless. At no point will humans say ”that is enough we don’t need more” so will always have the incentive to use both capital and people.
Is certain jobs gonna be replaced? Probably.
Let’s say we make substantial advances in robotics and it makes sense to replace all the staff in McDonalds with machines? Yea, then those jobs are probably gone. But does it mean people won’t pay for an authentic restaurant experience? No, they might still wanna pay to eat food from a chef etc.
- tim333 9mo agoAlso people like working to an extent even if it's non economic stuff like working on their golf swing or catching all the Pokemon.
- direwolf20 9mo agoJobs do not occur because of wants. They occur at the intersection of wants and economic possibilities. Economic possibilities might go to zero.