Author says: “Those technologies had one thing in common : they were price deflationary.”
No they needed people to run them. Robots do not.
In a free market the replacing of labor by mechanization frees up labor for new industries and prosperity increases. In a severely hampered by government economy those displaced workers will be given welfare and endless programs are will be encouraged to remain idle. The economy will suffer as more and more mechanization is required to pay for all the new welfare benefits.
Its called productivity.
You can’t raise overall incomes or standards of living in an economy without it.
Of course, in our present Central Banking era - increases in productivity are erased by money printing, government debt, and funding wealth-destroying social-engineering schemes. Even with all the productivity and technological increases of the last 40 years, average worker incomes have declined - stolen by government, inflation and crony-capitalists who have first dibs on printed money and government largess.
In a free market the replacing of labor by mechanization frees up labor for new industries and prosperity increases. In a severely hampered by government economy those displaced workers will be given welfare and endless programs are will be encouraged to remain idle. The economy will suffer as more and more mechanization is required to pay for all the new welfare benefits.
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Wallace Whipple, 1964 Twilight Zone episode, explains why automation is such a good idea—mainly the elimination of human beings, whose inefficiencies and costs are bad for profits. Thus they are fired and replaced by computer-controlled machines.
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So... time to call for the Butlerian Jihad?
Cue Kraftwerk...
Kraftwerk - Die Roboter
Wir laden unsere Batterie
Jetzt sind wir voller Energie
Wir sind die Roboter
Wir funktionieren automatik
Jetzt wollen wir tanzen mechanik
Wir sind die Roboter
Ja tvoi sluga (=I’m your slave)
Ja tvoi Rabotnik robotnik (=I’m your worker)
Wir sind auf Alles programmiert
Und was du willst wird ausgefahrt
Wir sind die Roboter
Wir funktionieren automatik
Jetzt wollen wir tanzen mechanik
Wir sind die Roboter
Ja tvoi sluga (=I’m your slave)
Ja tvoi Rabotnik robotnik (=I’m your worker)
Wir sind die Roboter
https://www.youtube.com/watch?v=YHaZ3UL2oHk
Robots, is that the new P.C. term for immigrants in Deutschland?
Wishful thinking on academic irreplaceability.
You people don’t need jobs you have corporation run government that will give you your shelter and soup.
When the bots become selfreplicating we all will become dead weight. ;^)
Ich bin ein Cyberliner
Sounds good. Now all the bright boys have to do is make a robot that pays income and personal property tax, and goes out and buys goods for consumption.
How will we tell the Germans from robots?
The Germans will wear arm bands.
