[estearum]

Again with a strawman. You should consider engaging with the arguments people are actually making, and not the silly versions you make up in your head.

No one said "everyone" is being driven to extreme economic hardship. Without that word, your implication doesn't quite work :)

Here's a rephrasing of your question using the dynamic that I actually described. Let me know if you still need me to fill in the blanks for you:

> when automated systems owned by fewer and fewer people are responsible for greater and greater proportions of economic surplus, who buys the output of those systems?

Do you need help answering that question still?

[bcjdjsndon]

You can't answer it can you? A simple rebuttal to this dystopian future you present, where robots do everything and somehow make a few people rich, but at the same time the economy is fine despite nobody having any actual money to spend.... Make it make sense, you do you, just sayin

[estearum]

Ah it appears you do need some help.

In such a scenario there are two sources of consumption: a very large low-income base and a very small high-income sliver.

This is exactly what we saw during the Middle Ages (until concluded by the Black Death and broad peasant revolts), early Modernity (until concluded by economically motivated political revolutions all over the world), and the Gilded Age (until concluded by an economic collapse followed by broad social reforms).

It's hilarious that you're just asserting the impossibility of something we have literally actually seen play out dozens of times all over the globe over thousands of years.

Productivity improvements → extreme wealth inequality → economic, political, or social collapse → repeat

The more advanced the technology and the markets in which it performs (by definition) the more levered and rapid the productivity gains are, the more extreme the inequality produced -- again as we're seeing play out in real time (https://www.dallasfed.org/research/economics/2025/1125-yang-...)

The smug implication of "well that obviously wouldn't be stable!" is actually not a rebuttal to "this process will produce instability." It's clear you're working in reverse from, "this would be inconvenient if true" to "therefore it cannot be true." But history and current trajectory shows us unambiguously: it is.

[bcjdjsndon]

> This is exactly what we saw during the Middle Ages

Except technology has been progressing all this time, and has actually increased the lifetimes of populations.

>In such a scenario there are two sources of consumption: a very large low-income base and a very small high-income sliver.

You're describing, vaguely, a system with few rich and mostly poor people.... You think that's some kind of insight, except that's how civilised society has operated from day one. This is different from your "tech has always progressed but with robots this time it's different" idea you started out with

> It's hilarious that you're just asserting the impossibility of something we have literally actually seen play out dozens of times all over the globe over thousands of years.

See above

> The more advanced the technology and the markets in which it performs (by definition) the more levered and rapid the productivity gains are, the more extreme the inequality produced -- again as we're seeing play out in real time (https://www.dallasfed.org/research/economics/2025/1125-yang-...)

You're talking about inequality, which has always existed, and not your original claim. I have no debate here. Robots making humans obsolete has not happened in history. Plenty of people (like you) believed the most recent advance in tech truly was the one that would put humans finally out of a job, but it never comes to pass. See the steam engine. See most big jumps in tech.

[estearum]

I see you're still making up arguments in your head so you can address them on this comment thread for some reason.

Try a notepad on your desk or a Markdown file, maybe an LLM for when you wish to argue against yourself.

[bcjdjsndon]

> Every year, fewer and fewer people are capable of doing jobs that robots cannot do. That's sort of the whole conundrum here.

In short, this "conundrum" is no different from the thousands of other times advances in tech made jobs obsolete. You make the same mistake your ancestors made

[estearum]

Good job reading! Yes, that is correct. Technology has repeatedly shown this tendency to produce wealth inequality which, unmitigated, produces instability.

Now the next step is to read this sentence word for word:

> The more advanced the technology and the markets in which it performs (by definition) the more levered and rapid the productivity gains are, the more extreme the inequality produced

You and I both agree that technology is getting more advanced (where advanced == produces more leverage on human inputs), but for some reason you think this latest wave of technology is somehow different in that it won't produce inequality and therefore (left unmitigated) result in instability.

You're the one who thinks this latest wave of tech is unique, not me :)

[bcjdjsndon]

I'll take that as an admission of defeat