@FlorianH I see you reacted that you think I missed your point, but I’m not so sure I did. You seem to be making an argument that an economy can still function even if some actors leave that economy so long as some actors remain, which is of course true, but my broader point is about sustaining a level of consumption necessary for growth, and a fully automated economy could quickly reach the limits of its capacity to produce (and the wealth of the remaining consumers) if there are very few consumers. I expect to need a large base of consumers for there to be sufficient growth to justify the high costs of accelerating automation.
@FlorianH I see you reacted that you think I missed your point, but I’m not so sure I did. You seem to be making an argument that an economy can still function even if some actors leave that economy so long as some actors remain, which is of course true, but my broader point is about sustaining a level of consumption necessary for growth, and a fully automated economy could quickly reach the limits of its capacity to produce (and the wealth of the remaining consumers) if there are very few consumers. I expect to need a large base of consumers for there to be sufficient growth to justify the high costs of accelerating automation.