Will future technology ruin capitalism?

[Ken]

I mean, i hear all this talk on things like the singularity and other machines taking jobs. How will all these effect our economies

 

[sienna]

Have you ever heard of the Luddites? They were weavers who used to smash the mechanical milling machines because, like you, they thought that machines would "take jobs".

It should be obvious that it's nonsense for the reasons the first answerer gave.

 

[Aleconomixt]

The maternity charges of new technology are financed by capitalism....any moment they suspect a " demon" being reared, they will sprinkle holy water and burn him in the dark.
All My Economics Negates.

 

[notIsaidtheape]

the productivity gains a standard market economy realizes on the technological progession model achieves surplus majority and thus no cyberbots are necessary nor need be created and deployed to combat the hordes of unemployed commies and maximize economic activity as half of the new majority is more than sufficient in preserving duality