The problem is that the number of people in the world isn't going to decrease and their livelihood needs to be considered otherwise there will be mass revolt. The government is only kicking the can down the road by using stimulus and I can only see this automation of jobs destroy the fabric of our current economy.
Now do you think UBI or bullshit jobs to be the next thing to do by the government to keep people satisfied? Neither are economically sustainable so I can only see things in a downward spiral.
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No the population isnt going to decrease, at least for a few more decades (estimates are in the 2060s we will peak). However, we can look at it on a country by country basis. Here we see a different story. Japan is turning to automation out of necessity. They have an ongoing demographic issue that is not reversing. The aging population is causing labor shortages.
Germany, Italy, and China are facing the same thing. So they might actually be aided by automation.
Other countries not so much.
So how do we handle it? Nobody has an answer. For the time being, it appears the solution is to act like it is not happening.
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