With smart robots, the following two economic and political systems are obsolte:
1. Capitalism as a source of trickle-down wealth via employment.
2. Marxism which sees all value as having been generated by human labor (and thus should be returned fairly to laborers).
With general AI and flexibly capable smart robots, resource extraction and production (and management of that, and many service jobs also) can happen with very little human labor. Negligible amounts.
So we are faced with new socioeconomic problems, and need a completely new analysis.
- How should we distribute wealth (means for a comfortable living), if the obtaining and making of valuable goods and services requires almost no labor?
Labor-based socialism fails to answer this. Capitalism floating all boats (by hiring and spreading the wealth) fails to answer this.
- Why are we each here, given that our primary purpose is no longer to strive in the economy to help society (our fellow humans and ourselves) be wealthy and secure? How should we obtain our self-worth, knowing that if we work, usually it will just be a make-work project and AI and robots could do it as effectively or better, and more cost-effectively?