Stephen Hawking Says We Should Really Be Scared Of Capitalism, Not Robots
Adam Rifkin stashed this in Robot Jobs
If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality.
Just want to point out that it was in fact Marx and Engels who came up with the idea of "production, consumption, distribution". Until then production was pre-supposed to be far more important than distribution.
I didn't realize that.
I wonder if distribution can ever change in a winner-take-all system like we currently have.
It would take tremendous political will.
Oddly enough the "good" thing about our system in this regard is that it is so VERY winner-take-all that a relatively few individuals can have a big impact. When the top 1% owns more than 40% of all the wealth, you're not really talking about moving the masses. I have to say though... historically the only thing that moves the wealthy in situations like these is a real and pressing fear of revolutionary change. :/
Then what we need now is some revolutionary leadership.