Machines replace lots of humans meaning the permanent disappearance of a large number of jobs.
Wages fall as competition for the available jobs increases.
Social services are slashed to reduce government expenditure.
Those still able to find work cling to their job despite falling salaries virtually until death for fear of having to join the vast sea of unemployed people struggling to survive.
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I am not necessarily suggesting that this is probable however mass unemployment due to automation and people working well into old age are in no way mutually exclusive.
Machines replace lots of humans meaning the permanent disappearance of a large number of jobs.
Wages fall as competition for the available jobs increases.
Social services are slashed to reduce government expenditure.
Those still able to find work cling to their job despite falling salaries virtually until death for fear of having to join the vast sea of unemployed people struggling to survive.
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I am not necessarily suggesting that this is probable however mass unemployment due to automation and people working well into old age are in no way mutually exclusive.