4 ms·
It is leading to less work. Why do you think we still haven't recovered full employment from the 2008 financial crisis? Fewer people are working more hours. Fe
by Aqueous 13y ago
It is leading to less work. Why do you think we still haven't recovered full employment from the 2008 financial crisis?
Fewer people are working more hours. Fewer and fewer and fewer people will continue to work more and more hours. As the machines pick up the slack full employment will begin to seem almost laughable.
The problem is, that in order for the wealth to accrue to everyone - to allow everyone to survive with fewer total available jobs - we need to be redistributing the wealth that the machines create. Or else we're going to have a future with third world inequality in first world nations.