Oct 26, 2015
The famous physicist Stephen Hawking recently answered a question about robots causing unemployment. He replied, “If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine owners successfully lobby against wealth redistribution.”
In other words, modern technology doesn’t take jobs. Unemployment is caused by the capitalists’ use of that technology, to maximize their profits by squeezing more out of each worker.
He’s absolutely right!