Re:Many CEOs believe technology will make people 'largely ir...
by cronjobber on Tuesday December 06, 2016 @09:38AM
(#13114845)
> who do they believe will be buying their products
Frustratingly, it doesn't matter.
Each CEO may be convinced that there won't be enough solvent consumers around for everybody, after everybody has gone full automation. Yet because there'd be a huge upside to being the only one to fully automate, everybody knows that somebody else will go there and destroy everything anyway. You might as well try to be an early adopter, reap some benefit to stow away safely, before everything goes to hell.
In other words, as fine a specimen of game theoretic dilemma as any.
Frustratingly, it doesn't matter.
Each CEO may be convinced that there won't be enough solvent consumers around for everybody, after everybody has gone full automation. Yet because there'd be a huge upside to being the only one to fully automate, everybody knows that somebody else will go there and destroy everything anyway. You might as well try to be an early adopter, reap some benefit to stow away safely, before everything goes to hell.
In other words, as fine a specimen of game theoretic dilemma as any.