Reply by gargey

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Posted on Automation. Taking jobs aways from the skilled

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1013 posts in 1336 days

#1 posted 01-25-2017 01:10 PM

Take a step back, and tell me which society has it better:

Society A, or Society B that is the same in all ways as Society A but has some machines to help it do more work.

Society B has it better. It is wealthier and can do more with less effort. I consider this a plain fact.

Now, with change of any sort there are often difficulties. The transition from A to B leads to some workers being displaced (which sucks, for sure). But those workers ought to be able to find other ways to add value.

If Society B contiues to advance technologically and gets to a point where it can’t find something productive for its people to do, it would speak to the wealth of Society B.

Obviously, the big issue Society B will have to grapple with is how to distribute that wealth, which is an exercise in balancing the power of the owners of the capital stock and government against their fear of an uprising.

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