It seems obvious that if there are no jobs the bulk of humans will have no money so who will be buying all the ai/robotics created goods and services ?
And in order to be wealthy in reality, not just on paper, wealthy people need products & services to buy, or their wealth is just metal, rocks and paper.
People who make products and services (with ai and robotics) need customers, or there is no point making stuff and offering services. A tiny handful of super wealthy people can’t generate enough profit to make lots of competing business viable.
Limited demand = limited supply.
The vast swathers of unemployable, hungry and not well pleased humans then end up being a threat to the super wealthy AND the precious few who supply them with ai+robotics services and goods.
A guilded cage is not financial freedom. It’s just a nice prison.
Governments (unpaid, cos it’s not like they make anything or provide services people WILLINGLY pay for) can’t sustain 99% of the global population on the taxes of a tiny handful. Especially if the tiny handful choose not to co-operate.
So… I suppose things will evolve so new forms of employment replace old forms of employment. To keep the system stable enough to make being at the top of the pile attractive, fun and relatively free from threat of the angry mob.
Or not. And it all goes Mad Max.
I can see the potential for “actual human relationship/connection” services and “human made” non mass production items having added value due to being a status symbol. But that will still require a lot of human employment in some form, so demand and supply don’t dribble down into being an insignificant sized economy.
And in other news, I am working on making my veg patch much bigger and investigating quails. But only as an occasional hysterical displacement activity, because there is no way I can defend my garden if it all goes to shit. Most of the time I focus on Today. Cos the future is unknowable and I don’t want to lose today worrying about a version of the future I have no control over, and might never happen.
The Serenity Prayer is my friend 😬