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Automation is going to eliminate a substantial number of jobs. Ownership of stuff seems like it will decline for a good many folks which seems problematic for a consumer driven society. Maybe good for the environment, but I dunno the how the economics shakes out for everyone involved. Presumably we move to more and more rent based services such as automated cars and the like and this will greatly enrich a handful of corporations, but they depend on folks being able to pay those rents. What happens when they can no longer sell to consumers simply because they have no funds? And what does this mean for government dependent on income based tax revenues? I'm not an economist and I'd be grateful for anyone with reputable studies on economics of automation.
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# ¿ Dec 1, 2016 20:16 |
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# ¿ May 7, 2024 06:45 |