“This world of ours is a new world, in which the unity of knowledge, the nature of human communities, the order of society, the order of ideas, the very notions of society and culture have changed and will not return to what they have been in the past.” ~ Robert Oppenheimer, l963
In the industrial revolution, workers were either “blue collar or white collar” now, in the autonomous revolution, there will be no collars. If you get a “paycheck,” you are a worker.
AI/Emerging Technology will enhance our Humanity immensely, but will humanity understand the societal change and adapt with the greater good at heart? A new era of the Working Class is developing.
Is a new “era” of capitalism emerging?
“Neoclassical economics can be summed up…in the twin propositions that the poor don’t work hard enough because they are paid too much, and the rich don’t work hard enough because they’re not paid enough….[Under neoclassical theories] If society desires a higher level of employment and output, then the only way to get it is to reduce the real wage (and the logical limit of this argument is that output will reach its maximum when the real wage equals zero.) The real wage is in turn determined by the willingness of workers to work–to forgo leisure for income–so that ultimately the level of employment is determined by the workers alone.” Steve Keen, “Debunking Economics”