Reply to What happens to stocks, investing and generally capitalism when automation and robots do everything?

Forum Index » Money and Finances

Reply to "What happens to stocks, investing and generally capitalism when automation and robots do everything?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]Maybe you guys don’t read enough, but we are getting very close to having robots grow and manage our crops, take over trades, medical procedures and even 1st year legal associate jobs are in danger of being automated out.

I can’t help but imagine a large segment of an unemployed population growing disillusioned with capitalism itself. They vote. And if they vote for UBI and in their natural self interest it just feels like capitalism will suffer and some new form of society will form.

Basically is my VTSAX going to be worth 1000% more in 2050 is my question. We are rapidly getting to the point of mass layoffs for white collar and even some blue collar jobs soon. Plus AI doing a lot of coding and all other types of sht. You people need to read more about what’s coming.[/quote]

You should learn more about farming. The use of automation in agriculture is fascinating (and widespread for years now) but changes are dependent on robotic ability not AI. If we could make a robot delicate enough to pick produce that's currently being picked by hand, or prune grape vines that have to be pruned by experts, we'd be using it. Planting and fertilizer schedules are already handled in software, watering already automated woth soil sensors.

By biggest peeve about the AI fan boys is they never do any research about the sectors they think AI will upend. [/quote]

Ummmm yeah that’s why I mentioned it. Robot farming and robots using sht like laser eradication of weeds and so forth is on the horizon. So many people on here have no clue how on the cusp we are of seismic change related to what tasks robots can perform.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics