Comment by pj_mukh
2 hours ago
If it’s a monopoly yes. But there are massive profits in full automation. I’m not expecting costs to go to zero but it’s the only pathway to things getting cheaper by a lot.
2 hours ago
If it’s a monopoly yes. But there are massive profits in full automation. I’m not expecting costs to go to zero but it’s the only pathway to things getting cheaper by a lot.
Where are these profits coming from? Remember, under full automation there aren't any workers earning salaries.
Meanwhile, costs of production fall to zero. So what will there be for these profitable companies to spend their profits on?