MrBIMC t1_ixakh9m wrote
Reply to comment by VoraciousTrees in ‘Without enough Latvians, we won’t be Latvia’: eastern Europe’s shrinking population | Latvia’s population is 30% smaller than it was in 1990 and by 2050 numbers will be in decline in over half of Europe’s 52 countries. by mossadnik
I guess the rich hedge their bets on full automatization to ensure continuation of civilization.
We increasingly rolling into post-scarcity society, the only issue is that most of economic benefits are increasingly funneled towards the top, which makes life unaffordable for the most of society.
World economy and welfare needs a rebalance(as in UBI to provide surviveable baseline for a happy consumer), but I do not see it happening before things get really ugly with 30%+ unemployed.
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