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by ido 591 days ago
On the demand side - but how would automation/AI/robotics impact the supply/production side (i.e. will we replace the unborn would-be new workers with new robots)?
2 comments

They would impact it by siphoning greater proportions of economic surplus to the owners of said robots, i.e. the wealthy.
Fortunately, there is no limit to what we want :-)

According to my high-school econ teacher, who defined economics as the art of satisfying our unlimited desires with limited resources.