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Originally Posted by crucifissio
the problem with this is that the companies who will be killing jobs the most have rich clients...
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rich is not a question of how much money one have - it is a question how much he can buy with it.
so in fact robots are creating prosperity on one hand because they are able to produce things cheaper and that makes the products cheaper. cheaper products = more prosperity.
the good thing on economy is that it is kind of a perpeduum mobile.
it is like a river what will not go over a mountain but find a way around it.
Imagine what happens when science defeats death one day. then all funeral companies are immediately broke :-)
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the more the market shrinks due to automation, the bigger the need will be for automation in order to stay competitive...in the end the company that employs the least humans will be the most competitive...
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correct - at at the end of that people will complain their "poorness" because they will have only 3 cars and 7 TVs and can only afford 12 weeks holidays per year.
THIS is actually the level we are already complaining.
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the demand for high skilled workers will be huge I acknowledge this 100%...like the demand for beautiful women with huge tits is huge...but the reality is that most people are not like this and never will be...
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also correct BUT they will be only needed if the others without such a job are able to buy.
so at the end of all that will be a modern slavery where the slaves are the robots and everyone with a higher than the average income have to pay huge tax.
if not - he damages his own better life.
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the internet did create millions of jobs but out of the billions of homo sapiens that exist, only 1% of them are actually capable of making a living on the internet...I can also argue that the internet killed millions of jobs, amazon for example shut down millions of shops globally...but employs 500.000 people...one step forward, two steps back...
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1% is just the top of the iceberg.
you do not have to see only this millions of idiots who are trying to become bigger than google and make 500 bucks per month. even these people are part of the buying economy what need hosting, computers, software and much much more.
if you really have a look at the complete issue you will see that the spendings went up since the internet. and spending are the base of ANY productivity.
if you also see that in the time when spendings went up the average prices went down you can ONLY explain it with a growth of prosperity.
sure you will never have a reflection of that to ALL classes of the society. but this was always like that in human history. 1000 years ago the people where unable to buy salt because it was too expensive.
I am happy that this is not the case anymore even when it killed a few jobs and made a few thousand companies changing their strategy.
less work means more time - more time means more innovations and more ideas for more prosperity. the world is not black and white. there are many colors, many ways many missing innovations and every day new opportunities.
negative thinkers try to hold the steak on the plate til it is rotten. positive thinkers will fill the plate every day with something new.
this is what we are born for - to give life a sense and evolution a new direction in each new generation.
internet just made evolution faster but it did not stop it.