Gary Anderson Posted over 1 year ago Will Automation Lead to Economic Collapse? Only one basic problem; If, for the sake of argument, we say that robots can create any product or service a human being can provide, there is still one fundamental thing a robot will ~never~ do: ~BUY~ the product or service it creates! Within the framework of our present economic culture, there are only two ways this could work; either we create sentient androids that can buy the products & services they create (they'd have to be paid & then they would totally replace us) OR we fundamentally change our socio-economic structure into... what? Robotically enhanced Socialism, where we all equally benefit? Doesn't look bloody likely! Let's not ignore the parallel development of recombinant DNA. Within 40 years Biotech will provide the means to increase life spans by 100-200% and arrest the ageing process. Not to mention increased intellect, strength, durability, vision, etc, etc. Who will benefit from these mega-enhancements? It will NOT be egalitarian, it will only be available to the rich & powerful among us (the .001%). If it were applied to the masses it could be a disaster, there aren't enough resources available for the present (short lived) world population. These procedures could cost millions of dollars, whomever becomes the 'Bill Gates' of the Biotech Company providing these enhancements could become a multi-trillionaire. The gap between the 'haves & have nots' is about to increase by ~several orders of magnitude~! These lucky few may be considered to be Homo Sapiens 2.0, and who better to lead/rule society?! (I suspect that these 'super beings' will consider themselves as Homo Sapiens 1.0, the rest of us were just beta models.) Combine this with a robotically run society including robotic police & armies and a very unsettling & downright scary future can easily be imagined.