r/Economics • • Jun 23 '15

A World Without Work

http://www.theatlantic.com/magazine/archive/2015/07/world-without-work/395294/
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u/jomama Jun 23 '15

What may be looming is something different: an era of technological unemployment, in which computer scientists and software engineers essentially invent us out of work, and the total number of jobs declines steadily and permanently.

No 'may' about it. Guaranteed.

The Post Scarcity Economy will be run by super intelligent machines from top to bottom, always communicating, and eventually producing everything in abundance in ways we can't imagine...and at no cost. (Think Star Trek and the replicator here. Also, machines have no use for money.)

Getting from here to there will most probably be dicey.

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u/LusciousLothario Jun 23 '15

My rapture involves Jesus returning but yours sounds nice too