The Fate of Capitalism

Finnish Perspective

Came across is little item in Raw Story. One of may that have popped up in the last year or so. Even Paul Krugman has mentioned this, as has Robert Reich. That at the rate technology is progressing, there will be few items that requiter people – humans – to do. That Robotics and technology is replacing people in many sectors and it is increasing. And I think that this article understates the situation.

I personally can come up with ways to replace fast food workers with robotics and automation, and I am certainly no genius at robotics. We already have robotic surgery or robot assisted surgery.

Our food uses automation in nearly every step. When I shop, I quite often use the self check-out and even this and stocking could more – if not entirely – automated. In fact most big box stores could be nearly entirely…

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