Once in a while, I like to pop over to the Singularity freaks at Singularity HUB; they are the sort of crazy that I often enjoy — trying to figure out where we’re going, based on the trends of current technology advancement. They will get most things wrong, of course, but it’s also great to see so much optimism packed in a single site 🙂
Recently they have been discussing the end of millions of jobs thanks to advances in robotization and artificial intelligence, showing how things might not be as bad as they seem; a topic, btw, that Extropia DaSilva is being addressing since past May on her own blog, on a huge eight-part essay.
I’m personally a skeptic and think that there will be a trade-off at some point. Jobs will be lost by the dozens of millions until there simply will not be enough consumers to consume dozens of millions of products at ultra-cheap prices manufactured by robots. So at some point, something has to be done. On my comment on Peter Diamandis’ article on the costs of products and services plummeting eventually to zero, therefore creating a society where work is (barely) unnecessary, I unfortunately (as always) reached the internal size limits when commenting, so I reproduce it here: