| Teeqoz said: But will the increase in skilled jobs make up for the decrease in unskilled jobs? And how long until skilled jobs start becoming more and more automated? |
@Bold Yes! just because you automated a part of production of goods or services doesn't always mean a decrease in labour, it could also translate to increased productivity as well ...
Even if there were less jobs to supposedly go around under automation, it could still very well be a benefit to the economy since the price of goods/services would be lowered and raised in quality to accommodate for the lower income ... (lower income earners in developed countries are almost living like kings did a century ago)
And if all skilled jobs are eliminated it would be a dream come true in achieving a post-scarcity economy since prices would be crashing everywhere, can imagine being able to buy the same big house today that you could get for hundreds of thousands of dollars for just tens of thousdands of dollars in the future with more features too ?!
