93 karma · joined January 22, 2013
1. As technology advances, machines will do more and more things that what human originally do.
2. As a result, less people will have jobs. http://en.wikipedia.org/wiki/Technological_unemployment
3. At the same time, people (organization) who owns (not develops) machines will take this income.
4. People (organization) who owns more machines can more easily to buy another one.
5. Richer people will get richer. Poor people will get poorer.
-. Capitalism has bugs.
In the future (my crazy thoughts):
(If machines keep getting smarter)
> More and more jobs are handled by humans, thus things like labor strike will have less and less impact on machine owners - since machines can still work for them.
(If machines are smarter than human)
> People who cannot develop machines will have no competition with machine owners, since they have machines which are smarter
(If machines can developer machines)
> Even people who can develop machines (maybe the last group of people) will be unemployed. People who own machines will have endless expansion. And people's life will be depending on how many machines they have and how advanced the machines are.
About new jobs the machine enables:
Other than machine generator/operators, most of them are entertainment which are generated needs. This portion of job looks unlikely will be replaced by machines. But who knows.
I know my logic may be flawed and all objections with reasons are extremely welcome.
I only proposed a problem with no solution, as I cannot imagine one (and definitely not pure centralized socialism), and I like machines.
By applying your logic, I can also suggest a wiki page for you:http://en.wikipedia.org/wiki/Hasty_generalization