Automation has improved the quality of life for everyone on the planet. We can reap rewards by spending far less time toiling. The argument that automation replaces jobs, this is true. However, it also creates jobs to design, produce and maintain moving parts, software, and hardware upgrades. Automation makes life easier and far more affordable. People act as if this is a new phenomenon, but we've been automating since the industrial revolution.
RE: Automation: The debate rages on...
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Automation: The debate rages on...
It's a positive view. As a devils advocate you just have so many people in the world with very low paying jobs doing menial tasks. This would mean education across the board would have to be implemented for such an "automated" economy. To me there would be more poverty then ever as even the people who earn cents would become extinct.
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"People with low paying jobs doing menial tasks" - This has been going on for eons and will continue. The poverty that exists won't increase because of automation. The roots are completely different. Also, what is a menial task? In a true free market, wages are determined by output. If it is cheaper to automate, then it makes sense. If it's cheaper to outsource, it makes sense. Poverty exists when government forces artificial prices on us. Subsidies of all sorts as well as mandated wages have done nothing but keep people indentured. Automation is the natural reaction to government interference.
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