Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
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Are these robots going to buy the goods and services?
Seems like full automation creates no consumers.
UBI is an inevitable future. the only question is when, not if. And probably the countries that will be able to create a better law quicker than others will get a decent economic advantage over the conservative ones.
I don't see it. They're fine with letting people fight over garbage to eat.
Yeah but they need people to have enough money to buy their shit so they can get richer.
so, who’s buying their products once everyone is unoccupied?
Will they need anyone to buy their products at that point? They've already won capitalism and they have multiple mansions, robot slaves, AIs, and automated farming.
In "Theory" it would drive down priced and the people buying from these places would have more money to spend elsewhere.
Theory in air quotes because regardless if it work out in the end it still takes away a lot of power from labors.
And that will push capitalism to the breaking point. We'll see what happens then, although many very bad scenarios are possible.
The oligarchs will probably throw a fit and kill us all.