"Society will reject capitalism once automation nears 100%."
—reddit thread on research milestones
It's easy to appreciate that in post-material society in which robots self-replicate and do all the work, there will be little use for capital markets in common material goods.
But won't there always be a market in rare goods?
As well as in research and the arts? ... at least until AI can staff the research labs and produce the entertainment for us--but at that point won't humans be obsolescent anyway?
Surprising (Almost) No One, the US Trade Deficit Is Back to Pre-Tariff
Levels
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The administration’s tariff experiment has been an unfortunate
demonstration that tariffs will not fundamentally change a country’s trade
balance because t...
2 hours ago



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