> the writing is on the wall that eventually we will automate virtually all jobs out of existence.
That already happened decades ago. Less than 10% of the population does the work necessary to provide more than 80% of goods and services.
The majority of adults in the industrialized world do not do any productive work (regardless if they have employment or not). And on top of this, a huge percentage of adults - maybe 20% - have never done even one day of productive work in their entire life and will live from cradle to grave without ever having contributed.
Among those who actually do some productive work, most are doing it at a small fraction of their potential.
Industrialization of goods production and agriculture, combined with digitalization, has made contribution and reward completely disconnected. Meaning most industrialized nations have scam economies, regardless if the nations are communist, capitalist, or anything in between. Your salary, your employment, your wealth, has no connection to how much you contribute to the economy. That is true both for individuals and for businesses.
Everybody I know in real life who actually works for a living is doing the work of 5-10 people. That's their productive output. A factory worker is probably in the range of 40-50 people, as well as an industrialized farmer.
So you are already living in the scenario which you fear. We're already in the jobless future, and the solutions will continue to be the same: government handouts, fake jobs at fake businesses and fake public services, money manipulation to boost real estate fake appreciation, regulatory manipulation to create new streams of income for people not working, etc.
That already happened decades ago. Less than 10% of the population does the work necessary to provide more than 80% of goods and services.
The majority of adults in the industrialized world do not do any productive work (regardless if they have employment or not). And on top of this, a huge percentage of adults - maybe 20% - have never done even one day of productive work in their entire life and will live from cradle to grave without ever having contributed.
Among those who actually do some productive work, most are doing it at a small fraction of their potential.
Industrialization of goods production and agriculture, combined with digitalization, has made contribution and reward completely disconnected. Meaning most industrialized nations have scam economies, regardless if the nations are communist, capitalist, or anything in between. Your salary, your employment, your wealth, has no connection to how much you contribute to the economy. That is true both for individuals and for businesses.
Everybody I know in real life who actually works for a living is doing the work of 5-10 people. That's their productive output. A factory worker is probably in the range of 40-50 people, as well as an industrialized farmer.
So you are already living in the scenario which you fear. We're already in the jobless future, and the solutions will continue to be the same: government handouts, fake jobs at fake businesses and fake public services, money manipulation to boost real estate fake appreciation, regulatory manipulation to create new streams of income for people not working, etc.