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by bcjdjsndon
58 days ago
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Search "Humans are becoming horses" by CGP grey. He's making the exact same point as you except his is 15 years old and still hasn't passed. I ask you to follow your premise to it's conclusion... who's paying for it these robots and who buys the stuff the robots make? Other robots?? In this world where robot serves robot, where exactly did we disappear to? |
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Yes, an economy is perfectly capable of orienting itself around satisfying the wants of the few people who have a lot of capital at the expense of the many who have little capital. Why wouldn't this be possible?
It obviously creates systemic risk in the economy, which is one of many reasons it should be mitigated by policy and taxation, but I'm not sure why you're acting like it's some mathematical impossibility.
Not sure anyone said anything about humans "disappearing," just driven to extreme economic hardship despite ample overall productivity, which again we have literally hundreds of real world examples of throughout history.