First of all let me say I have always been 100% capitalist and would have never considered these sort of things. But it appears that all the jobs that require people that are highly educated will be replaced and will not justify the labor cost in a decade or two.
How will society deal with this massive amount of over educated, over employed crowd? Or even common workers replaced by machines and factories that are fully automated.
In the paste we simply changed to a service economy and moved the cheap labor overseas, but soon our labor costs won’t just using people here, either.
We will have R&Ded our way into the largest labor crisis the world has ever seen.
As a thought experiment. Consider Star Trek where their home word is a world of limitless resources and money is no longer a concept and people can just spend all day pursuing whatever they want. If idle hands are the devils playthings, yet we still need some people to work and other people don’t, how do we stratify a working society like that? As the Star Trek experiment shows also, it’s also an illusion, because only certain places will have unlimited resources, so will it just mean constant war between the haves and have nots?
Help me consider this world, where we presumably have one class that works and another that doesn’t. Who gets more if there is no money? No wealth? What would be the substitute, power?
Thanks.