Robots won't be taking peoples' jobs. Corporate owners will be taking peoples' jobs and giving them to robots.
Can we get the wording right on this?
Robots won't be taking peoples' jobs. Corporate owners will be taking peoples' jobs and giving them to robots.
Can we get the wording right on this?
And after the corporate owners give all the jobs to the robots, the only ones buying the corporate owners products or services will be... the robots? They won't be paying the robots? So who does that leave to buy the products or services?
which doesn't change the fact that an increasing majority barely have enough to pay rent and buy food... adding even more downward pressure on average wages at the same time as profiteering from essential utilities is simply going to mean even less people have money to buy anything but essential items (if that). Which means more companies with a diminishing customer base.
@sufferforme @ellenmorrisprewitt on the off chance that weβre on the verge of the AI apocalypse/raptureβ¦ well apparently the economy (US) increasingly doesnβt need us. The top 10% of wealthiest Americans make up half the spending.
https://www.warc.com/content/feed/top-10-of-wealthy-americans-drive-50-of-us-spending/en-GB/10380
Itβs nothing new to hear people casually say that the rich are getting richer, but it might never have been more true β recent economic data shows that the top 10% of Americans by wealth now account for 50% of all consumer spending in the country - the effect on marketing is complex, combining an obvious need to appeal to the top end of the market while also acknowledging the risks inherent when such a small but important group are so dominant.
yep... a handful of billionaires who believe in the End of Days trying to hasten the process, taking the rest of us along for the ride whether we want to go or not
the difference in spending hides a lot of hidden facts... out of 8 billion people, very few buy yachts. A lot more buy washing machines (as an example), and the top 10% with their 50% of all spending do not buy half the washing machines, or smartphones, or computers, etc. And as those more expensive little 'luxuries' become out of reach for a growing proportion of people, these are the areas that will be hit hardest, not the yachts or private jets.
@sufferforme @ellenmorrisprewitt This is true, but a lot of companies have begun changing their business models to cater to wealther consumers.
Home builders prioritize building luxury apartments and condos over regular ones. The game industry now agressively prioritizes live services where the functionality is designed to appeal to whales. Often alienating their user base to do so.
This isn't universal, but some compnies seem to be adapting to inequality by just pricing out poor consumers.
@sufferforme @ellenmorrisprewitt Indeed!
Fully automated #capitalism should also automate consumption.
First step: producer rents a consumption service, ship and destroy.
Second step: consumption service rents destruction service on the producer side. Shipping saved!
Third step: producer does not produce in the first place.
Whatβs left is money circulating endlessly and fully free. Freedom! Freedom!!1!1!
Capitalism frees itself into the nirvana of numbers.
People are free to invent something better than #capitalism.
@praustrian @go_shrumm @sufferforme @ellenmorrisprewitt
People are not free to invent something better than capitalism, because those with capital refuse to allow their system to be replaced with something better because they rely on the exploitative and coercive mechanisms defined by capitalism to maintain and grow their wealth.
If any nation state tries to replace capitalism regardless then they are embargoed and sanctioned until they stop.
It's corrupt.
@praustrian @go_shrumm @sufferforme @ellenmorrisprewitt
You keep on insisting that capitalism involves voluntary cooperation, when we both know full well that capitalism works through monopoly, exploitation and coercion.
Why would anyone give up a large portion of the value of their labour to a parasitic class of capitalists if they weren't forced to do so?
statism here is a rather vague term and open to interpretation
statism can refer to a socialist government trying to build an economy that works for all, or as in America today, a fascist economy that only works for the few.
corporate owners will be taking people's jobs, and falling into post-reality
@ellenmorrisprewitt a-fucking-men.
Remember, "CEO" is just another name for "thief". The super-wealthy are what they are because they have stolen everyone else's hard work. Not because they worked hard.
Most of the rich inherit their wealth, which was stolen from your parents and grand-parents, and the rich tech-bros combined that with rampant labor theft over the past 30 years.
Eat. The. Rich.
I did a ton of assembly line integration. It simply doesn't work out with the worker dismissed.
The humans run the robots. And usually they all get raises because the Big Red Number at the end of the line stops when an exception happens.
Robots are useless at handling exceptions.