Define well balanced? If there comes a point when even the services industry is heavily automated where do we go? Feudalism? Do we all dig up the roads and concrete and become subsistence farmers when we reach the point where nobody can get a job? An economy is essentially just a circulation of money. If the demand for physical human labour is greatly reduced and people aren’t able to earn, therefore spend money, by what other means would money circulate? Hi Spiral,
New jobs will always be created as the world progresses and develops. Think how many staff Amazon employed […]
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