if everything gets replaced by bots, how will the economy run given that much of it is because of employees getting paid and in turn spending that money?
At some point, we will have to accept that a society based on the assumption that everyone should find a full-time job just doesn't make sense anymore. In Europe this is starting to become obvious, as we have high structural unemployment (very high in some countries) in spite of the jobs we keep just for the sake of it. Jobs like gas station operators or supermarket cashiers are mostly unnecessary and just kept becau…
Your job security is MORE guaranteed even more than before.
All the online MIT lectures still have a high bar in terms of understanding what they talking about.
You cannot just do quantum mechanics by watching some online videos.
The online materials ( Internet, Forums ), increases the size of your market.
Notice the exponential rise of cost of college education. Its driven because more people are understanding the importance of studying in Uni. You will be surprised by how many people in the world still do not know basic arithmetic, and are still growing potatoes.
Its the american idea that winner takes all but that is very false.
Its about raising the average.
If we took a time machine and transported you 200 years in the past your worth to society would be of less importance since people would think you are a crazy person or a witch.
As no one would understand your work, notation, etc.
This is why as more and more of the 3 billion people that still operate outside of the mainstream economy enter it the value of the people doing average work in the mainstream economy increases.