I read political books from the 70s and everything is the same. It's been the same since the mid-60s. That's when the western narrative shifted from technological progress to environmentalism and the lawyer took over from the engineer as the prime mover in society. That was 60 years ago. 60 years before that was 1900 and the world was vastly vastly different compared to our world of the 1960s. 60 years before that was 1840 and the world was vastly vastly different.
I'm thinking that AI,robots and the rise of China is going to change things radically. Human labor will not be an economic constraint, but that won't lead to unlimited abundance because the constraint will be externalities.
Most of the technologically unemployed will wake up and do whatever AI tells them to do on a daily basis. Their lives will improve because AI is better than they are naturally at everything. This will lead to some weird outcomes. Especially if AI is not acting in the interest of each individual, but in the interests of the collective. This will cause AI to have to solve trolley problems.
I'm thinking that AI,robots and the rise of China is going to change things radically. Human labor will not be an economic constraint, but that won't lead to unlimited abundance because the constraint will be externalities.
Most of the technologically unemployed will wake up and do whatever AI tells them to do on a daily basis. Their lives will improve because AI is better than they are naturally at everything. This will lead to some weird outcomes. Especially if AI is not acting in the interest of each individual, but in the interests of the collective. This will cause AI to have to solve trolley problems.