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by chordalkeyboard
1179 days ago
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> The bottom line is, at some point in time, automation is going to reduce the amount of human work which needs to be done Jevons paradox [0] proposes that as automation reduces the cost of labor then people will find new uses for automation, and this seems to be the historical trajectory. Hundreds of years since the industrial revolution and we still haven't run out of work to do (this could be better or worse given your philosophical premises). > and render some folks unemployable If automation truly causes more actually productive work to be done, then as a first-order effect there should be a surplus available to support these people without making anyone else (much) worse off. However as you observe the higher-order consequences of this are very much an open issue. [0] https://en.wikipedia.org/wiki/Jevons_paradox |
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the current climate crisis suggests that we are running out:
https://dothemath.ucsd.edu/2012/04/economist-meets-physicist...