Comment by michaelmrose

7 hours ago

People are financing small consumer goods with 3 digit price tags because they can't afford their mediocre already leveraged life. They borrow high 4 to low 5 figures for a car because they can't get to work to earn money so they don't have to join the bums sleeping on the cardboard. They will not be borrowing high 5 figures to low 6 figures for Rosie the Robot.

If Rosie was the only output she would never happen. Rosie might happen as a side benefit of replacing American workers but only for the rich people.

The vast majority which may be replaced would probably be better off burning down the factory rather than celebrate their upcoming domestic helper.