Automation and Capitalism – a Match Made in Orwellian Hell or a Manageable Evolution?

Automation and Capitalism – a Match Made in Orwellian Hell or a Manageable Evolution?

Automation is the defining trend of the 21st century, marked by an inexorable march toward mechanized labor and a concurrent reduction in the physical toil by humans.

However, as this transition to an automated global economy continues, many remain fearful of the rise of neo-serfdom – a new, exorbitantly wealthy ruling class that derives much of its wealth from unbridled automation. In such a scenario, global wealth will be concentrated in an extremely small number of hands while the overwhelming proportion of the global populace toils in misery.

In this article, I will shed light on facts pertaining to automation in […]

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