• Archangel1313
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    4 days ago

    Which is actually detrimental to their own domestic labor situation. It would be insane for Canada to follow China’s lead. Automation is great, when it helps improve the lives of workers…but, it’s terrible if it makes sizeable chunks of your entire labor force obsolete.

    On paper, who cares? Markets adjust. In reality, those people don’t just cease to exist once you’ve replaced them with robots. You either have to have a financial framework set up to provide for them, like UBI…or you’ll end up with an unemployment crisis on your hands.