timtyler comments on The President's Council of Advisors on Science and Technology is soliciting ideas - Less Wrong

9 Post author: Kevin 12 July 2010 11:41PM

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Comment author: timtyler 14 July 2010 07:28:39PM *  0 points [-]

The following quotation illustrates the context of the discussion:

"once full automation penetrates the job market to a substantial degree, an economy driven by mass-market production must ultimately go into decline. The reason for this is simply that, when we consider the market as a whole, the people who rely on jobs for their income are the same individuals who buy the products produced."

  • "THE LIGHTS IN THE TUNNEL", page 24

This claim relates to the state of the marketplace - and not to the status of the unemployed humans. My comment about "lubricating the economy very effectively" was not intended to imply anything about human welfare.