Submitted by sweetpapatech t3_124opkw in singularity
Turingading t1_je0dk9w wrote
Publicly-traded companies are required to reduce costs however possible. Jobs that can now be automated will be automated. That is unavoidable.
The only way to avoid a widening of the wealth gap is to increase corporate taxation and expand social services.
Half the U.S. unilaterally opposes those changes, so for us social stratification by wealth will continue to solidify and the average citizen's suffering will increase.
It's possible that after a sufficient number of poor people have suffered there will be correction through legislation, but I predict it will be reactive rather than proactive.
TekTrixter t1_je2807q wrote
> It's possible that after a sufficient number of poor people have suffered there will be correction through legislation rioting
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