Earlier quoted context omitted.
>4. If I successfully automate it, all of my coworkers lose their jobs. A failure of capitalism when less work and more productivity is a bad thing.
If there is one thing that confuses me, that is productivity. You start doing the thing you were doing twice as fast earlier, thus your productivity doubles. Kind of, assuming that the price of your product does not change due to your increased productivity. If the price halves at the same time (e.g due to competitive pressure because you were not the only one to figure how to spend half the time doing same thing) yo…
Also, if your market isn't already saturated, you can even sell more of your product without dropping the price. It really boils down to the fact that selling is what brings money, not producing.