Quote:
Originally Posted by thommy
read the articles before you post them and you got your facts.
nobody said that automatized industry will not effect the job market but that happens hundred times before and we are still here and well.
the simple logic that someone who can not buy if he does not make money and that it does not make sense to make any kind of production for such people seems not to be enough for you to understand that your apocalypse will not happen.
the world will resolve this issue same as all others before. and in 100 years people will still complain their situation - no matter how well they are.
and it is a fact that there will be countries hitting harder as others - those are the ones with the alltime yesterday thinkers what are afraid of the future.
there was a world before us and there will be one after us - and no - it will not be a world without problems because such a world has never exist.
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Automation has already destroyed millions of jobs. You and all your computers, manufacturing, fast food, retail, etc. And few jobs to replace those lost. Then there's Globalisation. They promised jobs would be created to replace those lost, where are they? Serving in a shop doesn't pay what producing the items used to.
Your scenario of no one earning enough is again bullshit. It's the poor and lower middle class who will suffer.
Now tell that's not already happening.
Lower wages > Lower tax revenues > Higher welfare payments = Higher debt.
Now tell us how that's not happening.