I agree that technology renders jobs obsolete, so in a sense I agree.
However, I think that thus far the “Demand is unlimited” axiom held in some branches of economics has held true in the long term (short term disruptions aside), so I disagree with the implication that technology will result in unemployment in the foreseeable future. (I am open to the possibility of paradigm shifts which render historical evidence irrelevant, I simply do not see at reasonable to assume the future will look the way we currently expect it to look; “Nothing ages faster than yesterday’s tomorrow,” quote source not immediately determinate to me.)
Demand may be unlimited but humans will probably not be the most efficient suppliers of any goods in the future. Once it’s cheaper to run a robotic AGI than to support a human the economy will change dramatically. Personally I think the long term solution is just to ensure everyone owns enough capital to sustain themselves directly (permanent retirement, essentially), but transitioning to that kind of situation and then keeping it sustainable for thousands (billions) of years sounds fairly difficult.
Disagree, but I think the position is subtle:
I agree that technology renders jobs obsolete, so in a sense I agree.
However, I think that thus far the “Demand is unlimited” axiom held in some branches of economics has held true in the long term (short term disruptions aside), so I disagree with the implication that technology will result in unemployment in the foreseeable future. (I am open to the possibility of paradigm shifts which render historical evidence irrelevant, I simply do not see at reasonable to assume the future will look the way we currently expect it to look; “Nothing ages faster than yesterday’s tomorrow,” quote source not immediately determinate to me.)
Demand may be unlimited but humans will probably not be the most efficient suppliers of any goods in the future. Once it’s cheaper to run a robotic AGI than to support a human the economy will change dramatically. Personally I think the long term solution is just to ensure everyone owns enough capital to sustain themselves directly (permanent retirement, essentially), but transitioning to that kind of situation and then keeping it sustainable for thousands (billions) of years sounds fairly difficult.