Quote from: RealBitcoin on August 01, 2017, 01:13:00 PM

Quote from: deisik on August 01, 2017, 10:34:29 AM

This is what people typically say

They innocently assume that all this automation appears out of thin air like banks are creating money. But industrial production is not banking. All these robots have to be first designed and then manufactured somewhere, and I promise you that somewhere deep down the line there will always be quite a lot of human labor involved. To get an idea, look at the history of automotive industry. It seems like it destroyed quite a few jobs in some sectors but it created many more jobs in other sectors as well as created entirely new ones. It's the same with automation and robotics, they just move human labor to other fields, and since they are more complex technologies, this necessarily means that more human labor is required in other fields. In other words, you can't escape the complexity loop

But average people cant take complex jobs.

Not everyone can be an AI programmer, a mechanical engineer or a mathematician.

Most people are bartenders, supermarket clerks or similar king of jobs.

Here is the news for you, they are already phased out:

* https://www.theverge.com/2016/12/5/13842592/amazon-go-new-cashier-less-convenience-store

The simple jobs get phased out as fast as lightning. The complex jobs remain for the latest, but they will be phased out too. After all an AI is probably a better engineer than humans.

There is no solution to this than to just abandon this flawed system.

Its wrong to assume, that capitalism had ever worked. The USA capitalistic success is a myth most of the time. USA had developed rapidly thanks to world wars and the decline in europe economy.

Usa was mainly a country that had a stunning inefficiency and corruption never else seen in the world. It still has and still will have. That would be seen by everyone how inefficient USA is, if not OPEC and oil based dollars would save its economy.

Its all fraud - there is no good capitalism. If not electricity, and combustive engine there would be no place for growth, no matter what economic system we would live in.

The only real wealth is technology - not economic systems. We should not fear using the technology, and learn about the new ones. Thats the only way for more wealth.

We should abandon the rigid school system that makes people stupid and make new ways of teaching and learning. Talking about economical system is basicly a talk who takes from whom - thats a theft. We need to focus on wealth creation not its distribution.