@[email protected] @[email protected] The economy, politics, and tech is centering around how to keep the deca- and hectobillionaires fully insulated from the problems they directly cause. As far as I can see they are not sawing off their own ladders or anything like that. They are consolidating their position at the tippy top. Their position there does not depend on the masses being educated, literate, or particularly skilled anymore. Instead, it requires the masses to be docile. I will start believing that this situation is changing when the masses are no longer docile, but there's not much evidence of that, at least not in the US as far as I can see.
It's possible the wealthy and powerful have miscalculated and current automation is not enough to allow them to retain an acceptable lifestyle while being fully decoupled from the masses. However, I don't see this as a foregone conclusion, even as I personally believe it is probably true.