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Krugman says precisely what you have said: "Ah, you ask, but what about the people? Very good question. Smart machines may make higher GDP possible, but also r
by busyant 14y ago
Krugman says precisely what you have said:
"Ah, you ask, but what about the people? Very good question. Smart machines may make higher GDP possible, but also reduce the demand for people — including smart people. 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."
http://krugman.blogs.nytimes.com/2012/12/26/is-growth-over/ http://krugman.blogs.nytimes.com/2012/12/26/is-growth-over/