[pravinva]

How are automaton owning plutocrats supposed to get rich if they don't sell their robot made wares to the plebs? It's silly to think that automation makes the poor poorer. It makes them richer. Only logical conclusion is that stuff will be cheap enough that real wages go up even if nominal ones dont.Look at any rich country, it's got an order of magnitude more automation than any poorer country and yet it's not the country with less automation that is better off. Why do barbers in rich countries earn more than those in poorer countries for essentially the exact skills? Baumol's disease anyone? Luddites need to think through this harder.

PS: if the evil robot owners produce stuff and keep it for themselves without selling them, the rest of the world still has needs that are unmet and we end up in exactly the world we have today