Tuesday, July 9, 2019

Which Future

We have been dealing with the transition to a world where machines do much of the labor previously done by people.   The benefit of this transition has been the accumulation of wealth by fewer and fewer people.

People who considered the rise of technology envisioned a number of possible outcomes.  One of those scenarios includes the way we seem to be going, where the availability of a new labor source concentrates wealth in the hands of fewer and fewer people.  The other scenario involves a world where the benefits of technology are used to benefit humanity as a whole.

The second is difficult to implement but provides the greatest good to the greatest number of people.

We see certain proposals to redistribute the benefits which will be attacked as socialist or too expensive.  Still if it seems like the accumulation of more and more wealth in the hands of fewer and fewer people is hard to defend.

Unless you are one of them.


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