If humanity is to exist, Isn't a socialist society inevitable given the future of robotics?Submitted by sethr11 on Fri, 08/09/2013 - 18:56
Please don't take me for a confused communist, however I don't see how free markets can function in the robotic future. I would think that as robotics progress, and as the technology gets cheaper (just like consumer electronics), companies will replace humans with robots to increase profits. The company that doesn't do it will go out of business.
As robots proliferate in the factories, more and more people will lose their jobs. Consequently, the consumer base to buy non essential items will dry up as people lose their jobs. So at a certain point very few humans will be needed to perform much of anything. At that point do we give half the people jobs digging holes, and the other half filling them in? If we did not socialize the benefits of robotic production, where does that leave us? Everyone on vacation, or a need to get rid of the 99%?