[jjsheridan5]

All that robotic labor could drive the cost of goods down to a level that is insanely cheap.

What happens to "capitalism" when the costs of production approach zero (in other words, when amassing capital is no longer necessary for the production of goods)? Serious question. At some point over the next few decades, that question will be quite relevant. What will be the purpose of currency, when prices start approaching zero (and where the range of goods available for something approaching zero becomes comprehensive)? Money is vitally important when most things you want require it. Money is not so important when most things you want don't require it.

[Eisenhower Republican]

“What happens to “capitalism” when the costs of production approach zero (in other words, when amassing capital is no longer necessary for the production of goods)?”

IMO, we already got a hint of the future during the China expansion.

Wages go to zero. Demand for raw inputs will increase. Property prices go through the roof. Commodity prices go through the roof. All those robots won’t be “cheap”, either. They will be the only real form of capital, and the pseudo-aristocracy will do everything they can to keep them out of everyone’s hands.