Friday, October 9, 2015

Alexander Kaufman — Stephen Hawking Says We Should Really Be Scared Of Capitalism, Not Robots

If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality.
The Huffington Post
Stephen Hawking Says We Should Really Be Scared Of Capitalism, Not Robots
Alexander C. Kaufman | Business Editor

Albert Einstein just says we should be really scared of capitalism.

Albert Einstein, Why Socialism? (May 1949)

Required reading.

1 comment:

Anonymous said...

Why, that sounds much like the distribution of fiat.

Does anyone remember Sean Connery running around in a man-kini, knocking off men with his revolver, so that their evil seed doesn't poison the earth?

Well, here we are decreasing the surplus population by one means or another.