When the very first cars were built, only the rich could afford it, but now a large part of the population (in developed countries) has one or more.
What do you think will be such an evolution in the future?
When the very first cars were built, only the rich could afford it, but now a large part of the population (in developed countries) has one or more.
What do you think will be such an evolution in the future?
I wish this were true, but frankly I don’t buy it. In the last 50 years, thanks to automation and technology - productivity has nearly doubled, and yet people have to work more than ever to make ends meet or buy a home. Automation just means that the ultra rich can produce more with the same workforce. The global economy is built on the idea that GDP has to be constantly growing, and the more growth the better. Why let perfectly good workers sit idle when they could be making you more money?
Some industries get fully (or mostly) automated, sure and jobs dissapear from those industries, but new ones always pop up so that the folks at the top can continue profiting off the labor of those at the bottom. You think all the folks who used to have job titles like “Calculator” just retired at the age of 30 and enjoyed not having to work anymore? Nah, they were just forced to take new (often shittier, lower paying) jobs.
When an individual company looks to increase profit margins they can either increase the price of their product or reduce the cost it takes to produce it. For the vast majority of companies the primary cost for their product is labor. Employees require a living wage, health care, paid time off, and also create additional costs like payroll taxes and an entire HR department.
With automation you have a high initial cost, but it pays out exponentially over time. Sure you still have software costs, repairs, retrofits, and all that goes into maintaining your typically modern assembly line, but you don’t have to worry about your robots suing you for sexual harassment or wrongful termination. You don’t have to worry about busting unions or hazardous working conditions. You can fire your entire HR and payroll departments, too, which is even better for the bottom line.
Because it’s so financially appealing to so many industries to cut out human labor, I consider it an inevitability. The rich will continue to do what’s best for themselves and they don’t really care if the rest of us all die off from starvation or war.
Now, that’s not to say that it will all happen over night. Over the next half century it will likely be as you say where jobs just get more and more concentrated as they squeeze every dollar they can from each individual employee, but if you look far enough into the future we will all become unemployable. And when horses became unemployable, we didn’t set aside 100 acres for them to live their best lives in. We made glue.
right - but you’re looking at it from a single-company perspective.
Individual companies will absolutely cut their work force wherever they can when automation makes it possible. My point is that new industries spring up to fill the vacuum. Things like instacart, Uber, and Doordash didn’t exist in 2005, neither did a myriad of other industries. Where there is unemployment, there is profit to be made in exploiting their labor (which is often cheap, thanks to the fact that they just got automated out of their niche), and as a capatilist society there will always be someone willing to make that profit.
Not from a moral perspective, no - but from a pragmatic perspective they absolutely do. If 90% of the workforce was suddenly laid off and left to starve, what do you actually think would happen? That we’d all just sit at home and quietly die? Ask the french royalty what happens when it’s population realizes that it’s main hope to not starve to death is to dismantle the existing system and start over.
The rich of today absolutely squeeze the shit out of the working class for every penny they can - but not to the point where most are actually immediately concerned with starvation. It’s one thing to not be able to afford a home, need roomates, and to have to budget carefully to make ends meet (as is the case today), it’s another entirely to have significant portions of the population be told that there is no job for them, and likely never will be again.
But all that is mostly besides the point anyways, because until literally every possible human job is completely automated, there will always be profit in exploiting labor. And there’s only profit to be had in any case if there are people with money to buy things. If 99% of jobs are automated - that just means that for any given population of workers, they’ll be able to produce 100x more goods for the same (or less) pay. A Capitalist society is never going to say “that’s ok - we have enough productivity”, they’ll just scale up and make even more money