Comment Post-labor economics (Score 3, Informative) 289
We will have to rethink how our economy works. Present consumer spending-driven 9-5 5 days a week until 65 system won't work when there is no need for that much human labor. History showed us that at around 20% unemployment systemic societal unrest starts, and at around 30% unemployment radicalization and regime changes happen.
Maybe unwanted labor will establish new markets for creative process. I see this as very unlikely scenario, since average person isn't that creative. Plus whole 'starving artist' does not scale up to population levels. Alternatively, we can go down to 4 days a week or 10-4 days or all have 3 month per year vacations.
Maybe unwanted labor will establish new markets for creative process. I see this as very unlikely scenario, since average person isn't that creative. Plus whole 'starving artist' does not scale up to population levels. Alternatively, we can go down to 4 days a week or 10-4 days or all have 3 month per year vacations.