Yeah, I think about all this a lot. If there aren't as many jobs then people won't have money to purchase the things that all the robots build... so no doubt the next 20 years will be very interesting. Hopefully the ol Hive blockchain will still be around.
You are viewing a single comment's thread from:
Quality of products and services are on the decline through cost-cutting measures and other things I guess, generally speaking of course, and inflation, the cost of living, is forcing the price of everything upwards and with consumerism on an individual level on the rise, the need for more and more things, again for many reasons, people have less disposable income generally speaking.
A small corner café goes out of business through financial pressures and the spin off affects not just the individual owner. A machine takes over the role of a person, say a candle wrapper, and that candle wrapper loses income and may not be able to spend as broadly or get another job and there's a flow on to others, including businesses and the cycle continues; pretty standard and basic thoughts really, but magnify it and there's bigger problems.
A good example would be the 5,500 people who used to work at the GM plant in my city. Or the 4,000 people who also used to work in the Mitsubishi plant in my city. None of those jobs exist now. Literally zero of them, because those places are closed - cost cutting by corporations. That didn't just affect 9,500 people though, it affected many thousands more. In the Volkswagen plants overseas there are almost zero human workers where not long ago many thousands were required...they can't all go and work in IT...so maybe they're out of work.
Anyway, it is what it is. I live a very comfortable life, have some stuff, financial security such as it is these days, and I'll also likely be dead in the next twenty years so the present is my focus, the future is for others to worry about I guess. (And they should be worried, generally speaking of course.)
Yep, agree with all of this... except you dying in 20 years. You'll be the grizzled old Mad Max type who teaches the young uns how to fashion their own bullets out of metal washed up from the underwater coastal cities.
I think a Mad Max style character may fit right in if things keep going the way they are.