Re:How Uber’s Autonomous Cars Will Reshape the Economy by 2025
by mrschwabe on Sunday January 25, 2015 @02:27PM
(#8943941)
The promise of capitalism is not to produce more "jobs". It is to create prosperity. Prosperity can be achieved by innovation, and innovation is often the result of competition.
What are we going to do with all those humans displace by automation?
If one innovation was to disrupt a segment of the service industry which affects 10 million jobs - those affected have every opportunity available to create new innovations of their own, or pivot their careers to a more prosperous area of the economy - of which there would be many, in a true free-market capitalist economy.
What are we going to do with all those humans displace by automation?
If one innovation was to disrupt a segment of the service industry which affects 10 million jobs - those affected have every opportunity available to create new innovations of their own, or pivot their careers to a more prosperous area of the economy - of which there would be many, in a true free-market capitalist economy.