Comment on Anon doesn't like AI
rumschlumpel@feddit.org 4 days agoI can see how people would be squeezed for their labor in traditional capitalism, but the core idea of this post is that the labor isn’t needed. Debt doesn’t have any worth if the debtor has no goods or labor to trade.
ocassionallyaduck@lemmy.world 3 days ago
There will be physical labor to get done. For a few decades at least until someone figures out the roomba of automatons.
So there must be some labor force. It will just be a much larger unemployed and underemployed contingent. And with extreme overabundance, horrible downward pressure on wages.
And so what labor remains gets squeezed, and the rest battle for the job of garbage man, or babysitter.
Honestly real economies have many factors, but I’m really just saying that absent controls, the system by design approaches a hellscape at lightspeed.