It (and your link) treat "employment" as a good. This is ridiculous - employment is simply an opportunity to provide value for someone. Goods and services becoming cheap doesn't prevent people doing things for each other, it just means different things become important, and a larger set of people (including those who are technically unemployed) get more stuff that's now near-free to create.
Goods and services becoming cheaper is basically the economists definition of progress, so that's all good.
a larger set of people (including those who are technically unemployed) get more stuff that's now near-free to create.
There is no natural law which ensures that everyone has earnings potential greater than cost of living. New tech isn't making food or housing cheaper fast enough, and can't be expected to in the future. AI could suddenly make most of the work force redundant without making housing or food free.
If it's worth saying, but not worth its own post (even in Discussion), then it goes here.
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