Automation and Capitalism – a Match Made in Orwellian Hell or a Manageable Evolution?

Automation and Capitalism – a Match Made in Orwellian Hell or a Manageable Evolution?

4 years ago
Anonymous $9CO2RSACsf

https://wccftech.com/automation-and-capitalism-a-match-made-in-orwellian-hell-or-a-manageable-evolution/

Automation is the defining trend of the 21st century, marked by an inexorable march toward mechanized labor and a concurrent reduction in the physical toil by humans.

However, as this transition to an automated global economy continues, many remain fearful of the rise of neo-serfdom – a new, exorbitantly wealthy ruling class that derives much of its wealth from unbridled automation. In such a scenario, global wealth will be concentrated in an extremely small number of hands while the overwhelming proportion of the global populace toils in misery.