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I do not predict a utopia. People in the bottom 50% survive because they are an economically valuable resource - the elite can profit off of them from labor an
by fragsworth 12y ago
I do not predict a utopia.
People in the bottom 50% survive because they are an economically valuable resource - the elite can profit off of them from labor and taxes, while giving them barely enough money to purchase food and shelter to survive.
Once people are entirely useless, and machines can do everything better and cheaper, there will be economic pressure to purchase and/or take any assets the poor folks might have (to create more machines), and to let them waste away and starve.
Revolution will be out of the question, because machines fight your wars for you.
- sp332 12y agoBut hey, once all the poor people die off, the average life expectancy and GDP per capita figures will be way up!