this post was submitted on 12 Feb 2024
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[–] ChillDude69@lemmynsfw.com 4 points 9 months ago* (last edited 9 months ago)

The creepiest part is how, if you look back at the late 19th and early 20th Century visions of the future, even the most ardent capitalist fanboys were fully convinced that technology would deliver a post-market-economy world, some time between the 1960s and the 2060s.

As far as technology goes, we are absolutely on target to make that prediction come true. We're literally approaching the point where automation will physically be able to do almost 100 percent of the work needed to produce food, necessities, and even luxuries. But instead of allowing people to do less labor and have more free time, more security, longer lifespans, less pain of all kinds...we're literally going to roll the human experience back to the horrors of the Victorian age, and worse.

All that automated production capacity will be ploughed into stacking up more and more trillions of dollars, in the dusty and physically unspendable accounts of the hyper-mega-ultra-wealthy.

The billions of peasants will literally starve, because there won't even be Victorian-style workhouses, as there will be no work left to do. All while, to reiterate the point, the predators will be sitting on so much money that they could never possibly spend it.