[chii]

> majority of the population providing non- essential services.

'essentiality' doesn't come into the equation. Those who managed to amass a fortune being more efficient will want servants and other people to serve them (entertainers, sex workers, etc etc), which cannot easily be provided by machines. The economy will revert back to a fuedal one, where you become "owned" by the rich. Unless, of course, the people rebel, and bring on a socialist/communist form of gov't. I doubt that will happen though, becase the rich will see it coming, and nip it in the bud.

[icebraining]

Why would the wants of the rich require a reversion to a feudal economy? Even if you have widespread basic income, the rich will have no trouble finding people wishing to earn more and willing to trade their time for that.

[VLM]

WRT primate thinking "I own you" is way more dominant than "I am willing to fairly trade with you".