That’s the difference between capitalism and socialism.
In a socialist country, the profits generated by automation would just go to the people, since they own the means of production.
Even a social democratic country is still tolerable given enough UBI, universal socialized healthcare, free education including university, etc…
Capitalist countries without regulations and UBI are totally fucked. I expect riots happening throughout the world. Every country would have their own Tiananamen Square Massacre.
That’s the difference between capitalism and socialism.
In a socialist country, the profits generated by automation would just go to the people, since they own the means of production.
Even a social democratic country is still tolerable given enough UBI, universal socialized healthcare, free education including university, etc…
Capitalist countries without regulations and UBI are totally fucked. I expect riots happening throughout the world. Every country would have their own Tiananamen Square Massacre.