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So we could be looking at a society that grows ever richer, but in which all the gains in wealth accrue to whoever owns the robots. The robots will create weal
by richcollins 14y ago
So we could be looking at a society that grows ever richer, but in which all the gains in wealth accrue to whoever owns the robots.
The robots will create wealth for the people that don't own robots. If they can't afford this wealth the robots will never be created in the first place. It's no different than any other automation technology.
- altcognito 14y agoOnly if those replaced by automation can provide value to society (employment). Assuming they will find jobs with ever increasing amounts of automation seems naive. Manufacturing and farming employed the VAST majority of people in the past.
- richcollins 14y agoIf the vast majority of people are unemployed there won't be anyone to support said automation and it won't exist.