Re:The Fall of the American Worker
by Daniel_Newby on Thursday July 04, 2013 @08:13PM
(#5992970)
> What mechanism would then increase supply?
Robotics. In my lifetime, most basic productivity will be fully automated. Robotic factories will make self-driving tractors that cultivate fields of genetically engineered crops.
Labor is already obsolete. The majority of Americans of traditional working age (13+) already live on handouts. This trend will accelerate in the next 20 years. It is a huge question of how to handle the below average people who are both unnecessary and not well suited to the life of ibtellectual pursuits.
In Peter F. Hamilton's sci-fi novels, he posits that each person will receive an EMA, an energy-mass allocation to use or trade as they see fit. With the boundless resources of the universe brought to your doorstep, we need a better method of resource allocation than the minimum wage.
Robotics. In my lifetime, most basic productivity will be fully automated. Robotic factories will make self-driving tractors that cultivate fields of genetically engineered crops.
Labor is already obsolete. The majority of Americans of traditional working age (13+) already live on handouts. This trend will accelerate in the next 20 years. It is a huge question of how to handle the below average people who are both unnecessary and not well suited to the life of ibtellectual pursuits.
In Peter F. Hamilton's sci-fi novels, he posits that each person will receive an EMA, an energy-mass allocation to use or trade as they see fit. With the boundless resources of the universe brought to your doorstep, we need a better method of resource allocation than the minimum wage.