Quote:
Originally Posted by Damien
Automation should make a lot of things much cheaper and also generated wealth from automation is subsequently spread out. We would have to structure it differently from how we do now.
|
Ok so automation puts people out of work, this reduces the amount of disposable income.
Companies can only make profits if people have the disposable to purchase the companies goods.
The more that is automated the less disposable income there will be.
So how's that going to generate wealth?