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No I did not make that title up. That is the title of a book I read recently. You can read a nice discussion of the book here.
The book wasn't all that well-written, but I do believe the author's thesis is, in broad terms at least, generally correct. The general thesis of Fully Automated Luxury Communism (FALC) is that robots and AI will increasingly do more and more of our work for us, freeing humans to do things we enjoy without having to worry about meeting our needs via our own labor. It will throw economics upside down as labor will no longer be an important factor in the means of production (and by extension, that means it isn't really "Marxist" communism since the main thrust of Marxism is for workers to be the owners of the means of production; in FALC that will be pretty irrelevant). Maybe "Fully Automated Luxury Socialism" would be a better term - but I suppose that's not quite as catchy.
However, even with labor being a relatively unimportant input into production, vast amounts of wealth will still be created via robots and AI. Thus, governments will still be flush with money - and that will enable them to fund all the sorts of the public goodies that conservatives hate. Robots and AI will do most of the work, and we will reap its benefits.
I have argued similar things here as well as in another thread starting here. It was nice reading something by somebody who had already fleshed out my ideas in greater detail (though, as I said, not all that well written). If you take the increases in productivity I talked about in those two threads and take them to their logical conclusion, you do indeed get an economy and society in which machines do all the work and humans can do whatever makes them happy.
The conservatives here are correct in the sense that modern, developed societies are indeed groping toward socialism. Because conservatives hate big government, they regard this as a bad thing. What they don't realize is that the creeping socialism is occurring hand-in-hand with the increasing productivity of the economy. This is not a coincidence - they are actually two sides of the same coin.
Maybe, for those reasons, it is also "logical" that modern conservatives have also come to hate Big Tech companies and globalism (after decades in which they were big fans of both). After all, both are part of the process that is also leading us toward FALC.
So where does the average man's money to purchase what he likes and needs come from?
Let me clarify:
Robots and AI will produce most of the wealth.
The government will tax that wealth.
The government will, in turn, provide all kinds of goods and services that people will use for everyday needs.
Think of the Ultimate Nanny State, but instead of the government taxing rich people to provide goods and services for the poor, the government will tax the output of robots and AI to provide goods and services for human beings.
No I did not make that title up. That is the title of a book I read recently. You can read a nice discussion of the book here.
The book wasn't all that well-written, but I do believe the author's thesis is, in broad terms at least, generally correct. The general thesis of Fully Automated Luxury Communism (FALC) is that robots and AI will increasingly do more and more of our work for us, freeing humans to do things we enjoy without having to worry about meeting our needs via our own labor. It will throw economics upside down as labor will no longer be an important factor in the means of production (and by extension, that means it isn't really "Marxist" communism since the main thrust of Marxism is for workers to be the owners of the means of production; in FALC that will be pretty irrelevant). Maybe "Fully Automated Luxury Socialism" would be a better term - but I suppose that's not quite as catchy.
However, even with labor being a relatively unimportant input into production, vast amounts of wealth will still be created via robots and AI. Thus, governments will still be flush with money - and that will enable them to fund all the sorts of the public goodies that conservatives hate. Robots and AI will do most of the work, and we will reap its benefits.
I have argued similar things here as well as in another thread starting here. It was nice reading something by somebody who had already fleshed out my ideas in greater detail (though, as I said, not all that well written). If you take the increases in productivity I talked about in those two threads and take them to their logical conclusion, you do indeed get an economy and society in which machines do all the work and humans can do whatever makes them happy.
The conservatives here are correct in the sense that modern, developed societies are indeed groping toward socialism. Because conservatives hate big government, they regard this as a bad thing. What they don't realize is that the creeping socialism is occurring hand-in-hand with the increasing productivity of the economy. This is not a coincidence - they are actually two sides of the same coin.
Maybe, for those reasons, it is also "logical" that modern conservatives have also come to hate Big Tech companies and globalism (after decades in which they were big fans of both). After all, both are part of the process that is also leading us toward FALC.
the robots will get the money instead of Americans..they will have to be replaced, fixed to keep the robots working properly. Maintaining them will cost money. So we are all unemployed, no money , all the time in the world and all standing in a bread line. If this is anyones dream they must be a taker and a lazy one too.
production has increased a lot over the last 40 years of Reaganomics and because we have been steadily shifting to the right all the gains have been credited to CEO management and their pay went thru the roof....
the world will need to at least look at some lefty ideas and quit calling them demons
Robots and AI will produce most of the wealth.
The government will tax that wealth.
The government will, in turn, provide all kinds of goods and services that people will use for everyday needs.
Think of the Ultimate Nanny State, but instead of the government taxing rich people to provide goods and services for the poor, the government will tax the output of robots and AI to provide goods and services for human beings.
Still, though, the money has to come from somewhere to buy cars and other things, if production of them becomes 100% automated. If people can't afford to buy new cars, there is no corporate income to tax. There will be a limit to what more and more automation can do without causing a recession. And the wealthy are only humanly able to buy so much stuff from not being taxed to help the economy.
Did it cover what happens when that government abuses its position and starts flipping the switch on all that wonderful automation which makes life so easy for those it deems unworthy?
Robots and AI will produce most of the wealth.
The government will tax that wealth.
The government will, in turn, provide all kinds of goods and services that people will use for everyday needs.
Think of the Ultimate Nanny State, but instead of the government taxing rich people to provide goods and services for the poor, the government will tax the output of robots and AI to provide goods and services for human beings.
More likely, the ultra-rich will create an automated system for enriching themselves, while leaving the bottom 99.9% in abject poverty.
The rich will keep the bottom 99.9% in their proper place by convincing the white portion that any alternative would disproportionately benefit black and brown people.
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