Comment Re:Automated manufacturing (Score 1) 327
This is partially.
People do create jobs. And yes, as jobs are automated, people can create other jobs.
It is also true that demand is important.
Yes, people want everything. I want a Lamborghini. I want to vacation. Plenty of demand there.
But there is also a disconnect. How much are we willing to work for our demand? Most of us really don't value a Lamborghini or vacationing or wine that much.
We spend it as disposable income just for the sake of it. This is in sharp contrast to the industrial age where most of what was produced really improved your life. That is why people migrated from rural areas or worked 16 hour days in factories. Things like running water, electricity, supermarkets... significantly improve your life.
Few are willing to work that hard for status items or discretionary spending. They will gladly take it as a side benefit. And a status symbol is almost by definition exclusive. Everyone can't have it or it becomes worthless. Just like your wine example, if we all started doing wine jobs, wine would end up like Mcdonalds and would carry no social value... and thus wouldn't serve itself.
Now, I'm not saying it is impossible to create an economy like this. Typically they would call it a service economy. I'm just saying, it is much harder to do it 'naturally'.
You could have a huge public sector of teachers, nurses, doctors... transit... and then a huge service industry of wines, restaurants, entertainment, space travel....whatever. Maybe you could make all those high quality good jobs.
If you live in a bubble, this can even seem plausible today. By bubble, I mean a downtown yuppy with a good job or a techy living in silicon valley. Yet always remember the rest of the world and the 6-7 billion people in it, much less the poorer folks just a suburb away.
The problem is that most people are satisfied with what we have done and could have had. Decent home, basic food... almost everyone would rather have free time and not work.
Maybe worksharing, guaranteed income... to provide the basis, or maybe they can actually control the economy by public sector demand and service sector. I have no idea, but it is definitely complex.