Earlier quoted context omitted.
> I think there's two distinct ideas being discussed. Can people be unemployed because of structural, societal, or political reasons? Sure, and I think most people would agree. We have plenty of example of that happening - depressions, recessions, mass refugees, etc. > But can people be unemployed because we run out of things for humans to do? That's what the video is arguing, but it won't be the case unless we've fu…
Well, there's slight of hand here on CGP Grays part (and sleight of hand in other parts of the video as well), since horses are not doing work out of their own volition and to meet their own needs. Correct for that, and the same will be true for horses - they're not going to run out of work to do until they've fulfilled their desires. Now, I'm talking about typical desires as they stand now. Obviously you can have pe…
Let's say Person A builds Widget X, and needs Input 1 to produce a Widget X. Person B builds Widget Y and needs Input 2 to produce Widget Y.
Person A uses their capital from their job to purchase Input 1 and produces Widget X. Person B uses their capital Input 2 and produces Y. Person A and B trade widgets and are happy.
But now, as before, automation takes the jobs of Person A and Person B. They lose their jobs, but retain their desire for the opposite widget.
Person A no longer has the resources to acquire Input 1, and Person B can no longer acquire Input 2. Neither X nor Y get produced, and both have their needs but are unsatisfied.
There is no guarantee that new automation will continue to fulfill all the desires that were fulfilled previously.