Wealth Inequality under Post-Labor Economics
Who gets rich when machines do all the work?
“In a world where robots do all the work, who gets to be rich?”
This might sound like a science fiction film question, but it’s an important point to bear in mind.
If machines do more jobs, we will have to reflect on how we are going to share the money that they raise. Here is where the pesky issue of wealth inequality in the future comes into play when most of the work is done by machines.
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What Is Post-labor Economics?
First off, let’s break down what is meant by “post-labor economics.”
- “Post” refers to “after”
- “Labor” refers to “work”
So, post-labor economics is how money and goods will be shared in a world where people do not have to work as much. This could be because robots and smart computers do most of the jobs.
At the moment, nearly all people make a living by working.
What if, in the future, there simply aren’t that many jobs left for humans? That’s what post-labor…
