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Whatever your views: conservative/liberal, the prospect of potentially putting most of the workforce out of work and unable to earn a living through the use of automation should make you a bit nervous.

I believe that this is one issue that should, in a rational world, transcend political divides.

1 posted on 01/15/2013 9:35:47 AM PST by ksen
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To: ksen
a world in which the capital owners get everything.

This unlimited concentration of capital actually is a characteristic of socialism, and is incompatible with the gains of the division of labor in a free society. In a free society 100% control of capital by a few is against the self interest of everyone. It is against the self interest of the few owners of capital because they will have to self sacrifice and use force to prevent competition. It is impossible for them to know everything, and so there will always be opportunities for new competition. At some point is will be less costly for them to allow some new competition rather than try to completely control everything and wipe out every other competitor. It will just not be worth the time and trouble.

65 posted on 01/15/2013 11:42:37 AM PST by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: ksen

or it means more “suit” jobs for people. Why should uneducated flotsam be handed a living? No uneductated scourge means no labor unions, no union thugs, no union boses, no corrupt union pensions, etc.

It also means more opportunity since the power of production is not imprisoned to those who have factories or have “unionized slaves” into a bottleneck for creativity.

more robots means more freedom.


66 posted on 01/15/2013 11:48:24 AM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: ksen

In the end robots will not eliminate human labor.

In the final analysis robots help bring down the relative cost or relative increase in cost of goods. While a particular factory needs less workers, the goods it makes become more easily available to more people at less cost, or at least at a slower rate of cost increases; profits and capital have other places to go and invest in new businesses and new production; the information-intensive requirements of life become expanded as the labor-intensive requirements decrease; and, over time though not overnight, whole new categories of less labot intensive work come to be needed.

In the end robots will not eliminate human labor as much as they will change what kind of labor is needed.


74 posted on 01/15/2013 1:19:01 PM PST by Wuli (uire)
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To: ksen

Absurd. Rising productivity means more of everything at less cost.


82 posted on 01/15/2013 3:40:47 PM PST by 1010RD (First, Do No Harm)
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