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What Happens to Society When Robots Replace Workers?

From Harvard Business Review:

…we will soon be looking at hordes of citizens of zero economic value. Figuring out how to deal with the impacts of this development will be the greatest challenge facing free market economies in this century.

via What Happens to Society When Robots Replace Workers?.

Interesting. As a rule I am a high tech Pollyanna, I expect the future to be better than the present and predictions of high tech doom are fun to read but ultimately foolish.

The basic premise is that in the past technology displaced workers but made up for it with even more jobs in other sectors however the coming robot economy will displace people without creating new alternatives.

It could happen.

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