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LongTomH

(8,636 posts)
Fri Jan 15, 2016, 06:14 PM Jan 2016

Stephen Hawking Says We Should Be Afraid Of Capitalism, Not Robots

Stephen Hawking responded to inquiries about technological unemployment with digs at the capitalist system:

On Reddit, Hawkings said that the economic gap between the rich and the poor will continue to grow as more jobs are automated by machines, and the owners of said machines hoard them to create more wealth for themselves.

Professor Hawking was asked:

"In particular, do you foresee a world where people work less because so much work is automated? Do you think people will always either find work or manufacture more work to be done?"

His reply:

If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality.


More here: http://churchandstate.org.uk/2015/10/stephen-hawking-says-we-should-really-be-scared-of-capitalism-not-robots/

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rhett o rick

(55,981 posts)
4. Maybe it's time for a little Democratic Socialism. We need a change from the status quo that
Fri Jan 15, 2016, 06:19 PM
Jan 2016

has brought us to where we are with 16,000,000 children living in poverty.

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