Quote Originally Posted by Shami-Amourae View Post
What if he's right though? How will we deal with automation? More and more people will be out of work as time goes on. How can free-market Capitalism work when most people aren't needed for work anymore?
I am not sure that robots actually replace workers, but they do make them more productive. In Japan, if they did not have automation, they would not ab able to make all the stuff they make, and they do not have an unemployment problem (and are expanding into China and other places). If they ever devised robots capable of replacing all the jobs, someone would still have to make, repair, deploy, maintain, replace, etc. the robots. Stories like I robot are science fiction. Though robots can calculate, they still cannot think. On the other hand, in the short term there will be some pain.