Post
Topic
Board Politics & Society
Re: I can nearly pinpoint when American Capitalism started to die
by
Bitcoin-hotep
on 04/01/2014, 19:34:49 UTC
No no, I meant, if I was in a capitalist system, why would I make robots and things if there is no one who is able to afford those robots and things because they don't have a job or make too little money?
Of course robots' manufacturers will target on the corporations who want to reduce costs by replacing expensive human labor with more cheap robots. Most likely they won't produce personal robots (household androids) in near future because R&D costs are sky-high so most people cannot afford buying them. Even Google have admitted about it.

But how will they spend money on R&D and on new robots, if they can't make the money on them due to unemployed people not being able to pay for their products? I.e. if unemployment reaches a certain level, and economy drops to a certain level, business won't be able to earn enough to continue to automate with robots (high initial investment, long term savings), and will be forced to hire people to do those simple jobs (low initial investment, higher long-term cost).

At this point America will be America again and we will not need frivolous things like R&D
People will just come up with things because they need them Not because they have the money to make it or buy one from someone