This Pandemic raises some questions.
Yes. We can replace the Worker Drones with Automation and Artificial Intelligence.
But. Capitalism depends on CONSUMPTION.
So ... if we replace the Drones with Robots, WHO does the consumption???
Those unemployed. Unemployment insurance, the economists tell us, return $2 for every $1 that is put out there for unemployment insurance," Speaker Nancy Pelosi said on the House floor. "It injects demand into the economy, it creates jobs to help reduce the deficit," Pelosi said.
What was the answer when saddle makers pointed to automobiles and said whats to become of us ?
They spotted a new need for their skills when they saw cars had hard benches to sit on.
You adapt.
Its been going on for as long as there have been people.
This Pandemic raises some questions.
Yes. We can replace the Worker Drones with Automation and Artificial Intelligence.
But. Capitalism depends on CONSUMPTION.
So ... if we replace the Drones with Robots, WHO does the consumption???
Good question. I have been thinking about this too. Eventually we will have lots of people with no economic value to society.
This Pandemic raises some questions.
Yes. We can replace the Worker Drones with Automation and Artificial Intelligence.
But. Capitalism depends on CONSUMPTION.
So ... if we replace the Drones with Robots, WHO does the consumption???
Who will have disposable income for discretionary consumption???? Don't forget that discretionary consumption is what fuels economical growth.
This Pandemic raises some questions.
Yes. We can replace the Worker Drones with Automation and Artificial Intelligence.
But. Capitalism depends on CONSUMPTION.
So ... if we replace the Drones with Robots, WHO does the consumption???
So your view is that there will always be Jobs for everybody?
This Pandemic raises some questions.
Yes. We can replace the Worker Drones with Automation and Artificial Intelligence.
But. Capitalism depends on CONSUMPTION.
So ... if we replace the Drones with Robots, WHO does the consumption???
UBI and a National Labor Robotic Tax distributed to the citizens.
There has be some support for citizens if 50% will lose their jobs in the next twenty years.
Taxing algo-trading is very sensible.
Agreed. Also reducing the population that will need the UBI.