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[deleted] t1_j820nxh wrote

That's the old way of thinking when labor wasn't automated. With automated labor you just need more robots and AI to drive innovation, not profit to drive innovation.

The other half of automation people overlook is that everything that can be made with automation starts to decrease in value, which winds up being almost all products and commodities, because most products and commodities main cost is labor.

So you wind up with the cost of living being a fraction of what it is today and money itself becomes worth much less because it's not as important to buy commodities and labor with anymore so it doesn't represent what it used to.

You still need some tweaks to your economic system and you have to get used to the idea your house and car and assets are all effectively much easier to replicate now and thus worth much less.

So I say the upside to managing that transition is that it will cost less than ever to have people not working and we can invent a lot of jobs that just wouldn't be even remotely cost effective.. if that's the route peple want to go to feel more normalized.

The downside is humans learn too slow and human behavior will be the biggest obstacle of the future.. which is the same main problem as every year. ;)

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