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sdze | 2 years ago

And who will consume the output of these robots? Surely not the unemployed workers they replaced.

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brucethemoose2|2 years ago

As Duncan kinda pointed out, thats not a corporation's concern... especially those that are first to automate.

vidarh|2 years ago

Hence Marx prediction of capitalism eventually suffering from simultaneously crises of overproduction and underemployment. A prediction based only on two assumptions: that capitalism will continue to increase productivity and reduce costs, and that eventually the only cost that can still be cut will be labour.

His third prediction is one we can hope is wrong: that society will stubbornly refuse to adapt until the issue is forced by uprisings.