Post
Topic
Board Economics
Re: Technological unemployment is (almost) here
by
giantdragon
on 05/03/2014, 14:43:04 UTC
However, anarcho capitalism IS a resource based economy.
Not even close to it!

Quote
The term resource-based economy is used by the Venus Project to describe a hypothetical economic system in which, goods, services, and information are free. Fresco's system argues that the earth is abundant with resources and that our current practice of distributing resources through a price system method is irrelevant and counterproductive to our survival.

http://en.wikipedia.org/wiki/The_Venus_Project

What did you think of my post of the RoboCoin ATM competing with a person sitting next to the ATM trading with lower fees?

You gave no comment. While I think he found a creative way to be more competitive than the robot most pity the robot owner who is absent and just leaves his robot there. Most think the robot has the rights to trade at higher fees and the creative human doesn't.

What do you think?
Read my previous messages, I wrote many times that new jobs WILL appear, but the problem is their quantity comparing to the destroyed ones.
Regarding this concrete example - human sitting near Bitcoin ATM can be useful for a short time while customers will learn how to use it.