There was a comment on this web page that provoked my reaction below:

Daily Bell wrote a good criticism of Reuter’s article wailing that technology will make most people unemployed and promoting a universal minimum guaranteed income. Jon said he was a computer programmer who had had a job writing software that eliminated thousands of jobs.

What Jon doesn’t consider is what happened outside the view from his cubicle. I’m a computer programmer myself, and my work reduces man-hours and waste. If you view the conditions before from the perspective of after, that’s how you see it. Waste eliminated by automation and computation. (Of course consider now that depending on the industry, up to half of programmer-hours spent in “compliance” coding to satisfy government dictates).

When it gets to the other end of technology, one thing I haven’t seen discussed is the fact we can deduce from human nature that it will greatly expand the (absolute) return available for investors with capital. Think guys in garages with 3-D printers, “doing” the tedious boring stuff on waiting the product his neighbor wants. Sophisticated 3-D programming will enable a sophisticated user of it (and low-entry entrepreneur) do custom tricks with the products for his customers.

Digital technology advances did not just eliminate the jobs in factory settings for making vinyl albums, it enabled many more consumers to get much more of the “entertainment” they wanted, AND LOOKY THERE it also created a LOT more “music studios”. My son built up his savings from playing gigs and invested in more musical equipment he rented out, and then built up his own studio in Miami Beach using tools of the trade that were available to him because some programmer somewhere at some time had robbed the vinyl industry of thousands of jobs.

That’s a high school dropout (the government school fare bored him and his brother out of their heads so I let them quit) that did that. He built that! With the help of modern technology.

He had the advantage of years of home schooling first, but it just showed that this technology scare is just another excuse they’re trying out on the plebes and peasants to continue centralizing control and making their plunder complete.

More robots for less investment means more people who have enough to invest in it. If you eliminate government force, the result will be a lot more producers and production and more people who have the means to acquire the resulting consumer goods. And services.

AND BY THE WAY. Everybody seems to forget that more production, in general, as long as free trade is free, Biblical Christians will have the means to fulfill their mission of helping the poor and orphans. (Fake Christians and pious warmongers do not count).


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