[patagonia]

Wow brilliant analysis. Automate the lower pay jobs away before your competitors can. Push for raise in minimum wage. This is “Walmart kills mom and pop shops” at a whole new level.

This is also how I see the robot job apocalypse playing out and why we need political change that can handle both the wealth generation and rapid job churn / requirements for job training that AI and robotics will bring. Either pay more or have the wealth disbursed. The alternative is, as has always been, concentrate the wealth in the owners of capital. But this times it’s different. Current wealth generation by capital is unprecedented. And technology allows control and capture of that wealth in an unprecedented manner. At the same time regulatory and political structures have done nothing to deal the with the negative costs associated with the process. What is the point of having an economic machine the likes of which history has never seen if it all just ends up on a ditigal legder for a few dozen people while automated factories are running in the dark and requiring resources stripping the planet of resources needed for you know like ecosystems and such. Not sustainable. So. Yeah. Amazing move for Amazon. Where does everyone else fit in the picture.

[maerF0x0]

Luddites have always been saying "this time is different" about technology.

And economists have always been saying "no its not".

I understand that robots+AI will eventually be superior to humans (their evolution rate is faster than ours, extrapolating...) . The question is how many life times away is that. Moore's law ended, maybe AI will asymptote too?