what's going to happen to many third world nations when even labor isn't necessary via technology?
Survival of the fittest. Dog eat dog.
Either that or the US will have to up the foreign aid.
No. The US will just say shape up or F-Off.
"Either that or the US will have to up the foreign aid."
I sometimes wish Mexico was far away like Africa. So that if they wanted to come here, they would most likely have to do it legally...but they even have illegals in Japan that are mexican, so it will never be completely out of the picture.
I think that it's eventual that the market of labor jobs will be near obselete and service and technology will be one of the few things needed. Ironically it's the most privately schooled people in India that will dominate the world economy in the future...mark my word.
If we don't end-up flooded with poverty we'll still be marching along with them.