Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Mygirlsmom

Who makes the robots and repairs them? Other robots? Well who makes and repairs them? Who designs them? Who provides the raw materials to make them? What is a ‘basic income’, and who provides it? Where do they get the resources for this ‘basic income’.


30 posted on 11/01/2014 7:31:31 AM PDT by pieceofthepuzzle
[ Post Reply | Private Reply | To 17 | View Replies ]


To: pieceofthepuzzle

The problem is that all the jobs you list require at minimum above average intelligence. 50% of the population has below average intelligence. There is right now little economic demand for anything they’re capable of producing, and that little is declining.

In future, there just will be no jobs for most such people.

OTOH, in a robot and technology driven economy, there is likely to be a great deal of stuff produced with very little human input, which is of course the definition of productivity. Extend the productivity curve indefinitely and at some point humans become basically redundant to the economy.

So what do we do with all the people for whom there is not and cannot be an economic role in society?

It is quite possible, IMO, that in its final act of creative destruction the market will destroy itself.


46 posted on 11/01/2014 7:51:34 AM PDT by Sherman Logan
[ Post Reply | Private Reply | To 30 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson