No, what I’m describing is a situation where the economy is no longer the driving force behind the distribution of goods in the country. The economy, as it’s been known throughout history, is all about supply imbalance, there’s always too much or not enough of something, raw materials, finished materials, labor. And that imbalance drives the prices of everything, and prices to a certain level drives the supply and demand, which of course effects the prices, etc etc etc. And we call that the economy and it grows and shrinks based on these imbalances. And that’s the big reason why technology always in the past has grown the economy, because it always grew a supply, usually 2 supplies actually, both labor and material.
What we’re looking at with the rise of robots and 3D printers is a world where supply imbalance simply doesn’t matter anymore. They’re going to grow supplies so high that it just doesn’t matter anymore. Good really won’t need to be distributed on the old model anymore. With robots labor eventually becomes infinitely available, just throw more robots at it. With 3D printers finished good basically become infinitely available, yeah you still need to put your print media into it, but so much of that will be recycled goods, it’ll basically be put your old ratty shirt in one side get a new nice shirt out the other.
I’m not naysaying, nor am I negative of fearful. And the fact that you continue to attack me rather than deal with what I’m saying is telling. Stop running straight for the fallacy of well poisoning and look at the FACTS. The FACTS are that we’re on the cusp of MASSIVE changes the basic fabric of how we create and distribute goods in this country. And the old models simply won’t apply anymore. We are entering a world where we quite simply do not need human labor, there will be no use for it. We will have machines that can do everything faster, cheaper, 24/7, never with a sick day.
You aren’t going with fact. You’re going with history and fallacy. And history is nice, but remember the first rule of the stock market: past events do not guarantee future performance. Reality is changing here. Right now in front of you. You can either deal with it or pretend it’s not. But understand that every time you say my position is one of fear not only are you lying (because I’ve now told you multiple times there’s no fear here, so you know it’s not true but you keep saying it), you’re showing you know the facts don’t back you.
Deal with facts. If your position you’ll be able to explain where the new jobs come from when 90% of the stuff in the new American home is printed on their 3D printer. Go ahead, back your position with logic: where are the jobs when the entire retail cycle has just become obsolete? My position is there aren’t any AND that’s OK, it’s not a bad thing because we as a people are freed to enjoy life and be creative. The age of wage slavery ends, that’s REAL freedom.
Seems like a pretty radical assertion - maybe someday, but I see little evidence of that happening tomorrow.
where are the jobs when the entire retail cycle has just become obsolete?
I’ve already said, somebody has to design, build, and sell these machines. Somebody has to design, build and sell the components. Somebody also has to maintain these automated entities. Entire new supply chains are created and derivative supply chains up and down as well as new markets are created.
My position is there aren’t any AND that’s OK, it’s not a bad thing because we as a people are freed to enjoy life and be creative. The age of wage slavery ends, that’s REAL freedom.
Not sure what kind of world you envision. The old supply and demand model of the free market being completely scrapped? Where, then does income come from? Who’s controlling this automation? I’ve said to you that the only known alternative to the free market is socialism and government central planning. What is your viable third alternative? I don't think there is one.
The only good, viable alternative is a hybrid of what we have now. The voluntary free market will probably look different because of greater automation, certain dynamics may be in play in a different way becasue of automation but the free market will still be free and expansive. Maybe less labor needed to accomplish the same income goals, I don't know. But you'll ALWAYS have entrepreneurs and pioneers breaking new ground and building new industries.