automation
5 statements across 2 episodes · 1 bullish · 2 bearish · 2 people on the record · first statement Aug 19, 2017 by Julian Marchese · across every show →
Everything said about automation, oldest first
Aug 19, 2017
May 20, 2020
May 20, 2020 bearish
Santens: Consumer economies collapse under automation without decoupled income
“If you eliminate someone's job, then as long as income is coupled to jobs, then you actually are reducing their ability to spend on the stuff that the machines are making. So as you automate more and more, then the entire consumer based system breaks down beca…”
May 20, 2020 bearish
May 20, 2020 bullish
Santens: Society should aim for full unemployment via machine automation
“We should be investing in automation, and we should be, we should get out of this I'd say almost like, it's like a trap of full employment, this belief that, that it's best for people to be doing these jobs. I think that we should be aiming for full unemployme…”