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by Marha01
2 days ago
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> Robots will not magically produce more land. What they will do is that the ones with the capital to buy many robots will be able to use those robots to then buy up all the land and then extract the resources from there to build even more robots etc. The speed at which the availability of the robots to the general population increases will be much faster than the speed at which the initial robot owners would be able to buy land, and exclude others from using it. There are trillionaires today, extremely rich people have existed for a long time, yet they still own only a small fraction of all available land. There could be a class of people who do not own any robots and thus are dependent on the goodwill of the robot owners to get anything they need to live, but this will be a small fraction of the population, equivalent to the homeless today. Definitely not the majority. |
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What are you basing this prediction on?
If you're a robot maker, already part of the oligarchy class, and you knew that robots would rapidly accelerate resource acquisition, why sell the robots at all? Money is about to become useless, remember? Why let the plebes have robots? They'll just use up resources you could hoard.
I feel like you predict the end of market economics, but at the same time make a bunch of assumptions based on them. Why would availability increase, price decrease etc etc if we're ending that whole resource allocation system? It'll be a giant landgrab by the ultra rich to grow and cement their empires, why wouldn't it be?