Earlier quoted context omitted.
No only indirectly via those choices but also by removing any and all “play” (inefficiency) from systems. Some automation is good and brings steadiness (removes errors), but other efficiencies basically remove jobs. Do we need HFT trading? Did we need traders in the pit? In any case, this resulted in the elimination of good jobs. We could “automate” much of sports and just have fantasy leagues, why not? Automating tr…
This is an interesting take on jobs, similar to what Ancient Romans had –– they preferred to not automate certain jobs to ensure that slaves would have things to work on :) Mentioned offhand in https://www.jstor.org/stable/2591872
At the moment we’re automating low hanging fruit and some arduous manual things (with agricultural automation and factory automation), but it will keep on creeping up.
There is only a certain percentage of people with aptitude to go further and further up the value chain. What do we do for the many who just don’t have what it takes? We’ve taken all their jobs away. A baseline UBI isn’t an answer. People will want more. People have _some_ ambition. Not everyone is made out to finding things to do at home all day (we need only look at retirees for data). What are they going to volunteer for? It’ll all be automated.