November 13, 2016

USA Automation Nation

>how do you think the future economy will look like?

We are moving towards a full service economy because primary and secondary industry will be almost fully automated. 

Yes a lot of jobs will disappear, but it will also mean the cost of a lot of goods and services will drop dramatically, because the main cost of industry is your employees which require a wage, super and what not as apposed to a robot that has a install cost, power requirement and maintenance. You can also run a robot for 24 hours a day. So everything will be cheap as fuck, mostly. Things like education will stay expensive though, because it involves people and time.

>What will people do for a living?

Because everything is cheap as fuck, work diminishes in importance because you no longer have to work your arse off to live comfortably. We'll be able to return to an era where only one person in the household needs to work. People will be able to focus on creative pursuits instead of having to slave away at shit jobs to survive. Some people will be able to turn that creativity into a career.

Poor people will have mass produced shit, rich people will have things made by people because it shows that they are wealthy enough to be able to afford to pay a person to make something. So you'll see artisan type businesses that hipsters pop up everywhere, and because the overall cost of living has reduced dramatically, what would now be considered to be a side gig could potentially be a job that allows you to support a family.

The types of jobs that are going to be eliminated are highly repetitive jobs, jobs that involve processing large amounts of data through set rules, things that computers excel at. The jobs that are going to remain are jobs the require creativity and improvisation.

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