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Yeah, this was predicted long ago;So while wading through /reddit today I stumbled on the below video. It deals with the future of automation and how basically all of us will at some point be obsoleted. Now I used to be a staunch believer in the Luddite Fallacy, but the more and more I look into this and think about it more, there seems to be a point where the Luddite Fallacy ceases to work.
We live in exciting times right now, on a verge of some earth shaking changes both economically and socially. Some of these changes will happen in our lifetimes, some will happen in or kids and grand kids lifetimes, but the changes are inevitably coming and at a fast rate, faster than anyone though. What I wanted to do with this thread is explore the economic aspects of this and whether the world becomes a dystopia or the utopia we all dream of. Are we ready for these changes? How will our economy change? What will happen with the millions of people unemployed in the inevitable transition period?
IMO the problem is going to really be when automation exposes policies like social security for the bullshit pyramid scheme that it is. Society can and will adept, just as it has for hundreds of years as new tech/industries have opened up, its always been the government thats had the trouble adapting to those new realities.