Comment Re:Where the economic system breaks down (Score 1) 257
1) Robots cannot replace all jobs. We've yet to make a self-fixing robot of any note. AI is NOWHERE NEAR capable of doing the simplest of paperwork or administration. Hell, we've barely automated anything of the IT departments, let alone anywhere else. All they can automate are mindless, repetitive, labour-intensive (and sometimes dangerous) jobs. Though that puts a LOT of people out of work, that's by far not the majority.
2) If robots do replace all jobs, the "money" comes from sale of goods just the same. Half the workforce are working and doing the work of the other half - the robots produce the goods / services, and the humans lounge at home. In fact, if anything, we'll have more money because we could produce more for less maintenance costs and have no union troubles - once the machine is in, it'll carry on working until the power goes out, effectively, and cost pence to run in the meantime as an "hourly wage".
3) The result of the above is that food and goods become so cheap and plentiful that the concept of "buying" them will seem old hat. If a government could pay for itself by selling goods to other countries still, then it doesn't really matter what you do - you could quite literally be paid to stay at home, if all you have to do to "do" the same amount of work is power up a robot and oil him once a week Mass amounts of automated robots also make self-sufficiency much more possible - imagine that you don't have to farm or buy goods, just let the same robot that works for Kelloggs loose on your land and it'll feed you for minimal cost.
4) This is all a pipe-dream. By the time you have that sort of automation, the only jobs left would be bureaucratic - and they'd realise they're the only ones working. Things would flip on their head.
5) Who cares? If you have no job and no money but food is so cheap that going an oiling a robot once a month pays for everything - wow... perfect life.