jimrandomh comments on The President's Council of Advisors on Science and Technology is soliciting ideas - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (58)
How does needing raw materials create employment for the rest of the population? If everything is mechanized, then raw materials come from those who own mines/wells, and the extraction is done by robot labor. That doesn't involve very many people.
It doesn't create employment for the rest of the humans. In this scenario, most humans are unemployed - and probably rather poor - due to the hypothesised lack of "substantial taxation" and government handouts. The throughput of the economy arises essentially from the efforts of the machines.