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germinalphrase 2 hours ago

Let’s assume that all human labor goes through the same transition as agriculture: within a single human lifetime, 98% of all the human work is replaced by highly efficient machines and a small minority of highly productive people. If only 2% of the population have the required skills/talents/ownership to remain productive, on what basis does the remaining 98% participate in the economy? The answer has always been: people will invent new ways to be economically productive, but if the agriculture ladder of labor generalizes across the economy - what is left for the average, unexceptional, run-of-the-mill man on the street?