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I think the disruptive low hanging fruit for automation is going to be health care. The country is being crushed with medical costs and there's an enormous skilled labor shortage. Health care consumes 17%+ of GDP. Big chunks of the front line stuff is going to be automated fairly soon. Your ACA-mandated yearly physical will be an Android/iPhone application.
Perhaps some neo-Luddites will come forward, like back in the last part of the 1800's in England, and run amok with sledgehammers!
The big corporations have seen it coming for some time now, the lowering of the fertility rate throughout the world, 1 and 2 child families, and they're preparing for it, being pro-active.
And that one child in China, which they call Little Emperor, no employer in their right mind would hire one of these spoiled brats!
Automation of (almost) everything will be the end of capitalism. Unless the top 0.1% (who owns all of the machines and all of the assets) kills off the 99.9%. Which would be relatively easy, with enough killing machines.
Maybe Karl Marx was right, but just 150 years too early.
So how will we make money then?
Unless the jobless economy wants to give us free money.
**** i'll be happy with it
The future will have to be a giant welfare state, with 99.9% of the population on welfare. Only the smartest 0.1% will have jobs.
But the top 0.1% will be smart enough to know that the 99.9% are mooching. You think they will just let the 99.9% mooch off of them? I think not. I think they'll simply incarcerate or kill the 99.9%, since it would be in their best interest to do so.
The future will have to be a giant welfare state, with 99.9% of the population on welfare. Only the smartest 0.1% will have jobs.
But the top 0.1% will be smart enough to know that the 99.9% are mooching. You think they will just let the 99.9% mooch off of them? I think not. I think they'll simply incarcerate or kill the 99.9%, since it would be in their best interest to do so.
That sounds like a lot of work involved, are you taking applications?
The future will have to be a giant welfare state, with 99.9% of the population on welfare. Only the smartest 0.1% will have jobs.
But the top 0.1% will be smart enough to know that the 99.9% are mooching. You think they will just let the 99.9% mooch off of them? I think not. I think they'll simply incarcerate or kill the 99.9%, since it would be in their best interest to do so.
If they decide to automate everything well then good luck. Either we make 99 percent of the population get on welfare or give us jobs.
We all need a way of making money somehow.
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