Jesse0100 t1_je5nyv9 wrote

Capitalism requires a strong consumer base to buy the products produced by capitalists. As robots take over more work in more industries companies fire more employees, eroding the financial strength of the consumer base and decreasing sales. Each company will keep trying to increase its own profits this way with no regard for the economy as a whole. I don't know where this will end but there will be a lot of suffering and poverty along the way.

Under a socialist system, more robots should result in employees working less hours while receiving the same pay, maintaining their ability to contribute to the economy.


Jesse0100 t1_iu6462i wrote


Jesse0100 t1_isyvark wrote

I am tempted to believe that the only reason self driving cars are taking so long for government approval is that it will put thousands of municipal governments out of business, since their only source of funding is traffic tickets. Also many jails are full of traffic offenders who could not pay their fines. We should also need less police officers because the time spent on traffic enforcement will be freed up.