Comment If so then there is no future (Score 1) 47
As it stands we've had 50 years of automation ripping through the factory job market. Those used to be good paying middle class jobs now they are few and far between or they are borderline slave labor in places like India and China.
As more and more things are automated you have fewer and fewer people able to earn a decent living and fewer and fewer people able to function as consumers. We can't all be plumbers when nobody can afford to hire a plumber.
And it won't fix anything in our cities. You need to Google the phrase induced demand. Self-driving cars don't fix anything. The only actual solution is walkable cities in public transit. Yeah there will be a few less deaths from drunk drivers and whatnot but on the other hand is our economy grinds to a halt in the face of a third industrial revolution it's going to be a moot point because nobody's going to be able to afford to go anywhere or do anything.
Folks haven't really stopped to think about what it's going to mean when 20 or 30% of the jobs we have now don't exist and there's nothing to replace them. Everything in our economy is interconnected and everything depends on everything else.
So if you start breaking all of that down it really doesn't take much to make the whole system collapse. 10 or 15 million become unemployable and the money they were pumping into the economy goes away causing another 10 or 15 million to become unemployed which triggers another batch of layoffs and on and on and on and on and on.
It's the kind of chain reaction that causes a great depression. And remember folks FDR just helped blunt the worst of it, it was world war II the got us out of the Great depression. Tens of millions dead and we didn't have nukes back then...
But I'm sure it'll somehow be fine and that we don't have to do anything or to change anything or think about anything because nothing ever changes since we turned 12 right?