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by alnayyir 5373 days ago
>It might also result in fewer jobs to go around. But I don't think so.

It would result in more wealth and efficiency, not more jobs. Capitalism says nothing about jobs, only wealth.

We don't really (in western society) have a mechanism for transferring wealth beyond trade, labor, and government fiat. In the absence of busywork created by government fiat, we're going to have a hard time socially speaking midwifing an increasingly efficient world where redundant jobs get replaced with technology and processes.

This will continue the trend of increasing wealth stratification as whomever has control over the means of production will be subject to the will of others less and less, and be able to keep more of their profits.

Incidentally, this means it'll be fantastic to be a programmer, and terrible to be a laborer.

If a novel solution isn't found, the best many could hope for is a service job or medieval-style patronage of arts as production and maintenance of product pipelines requires fewer humans.