How does capitalism survive in an ever increasing technologically advancing world?

How does capitalism survive in an ever increasing technologically advancing world?

When automation is fast approaching the norm, when jobs requiring multiple skilled workers are being cut down in size thanks to machines how are people supposed to stay afloat and employed?
Most degrees are worthless nowadays without massive networking and its only getting worse as time goes on.

When jobs start vanishing and people are forced to further their education and saturate the world with which will inevitably become useless degrees how will capitalism succeed?

You don't give a fucking shit, that's what capitalism means fuck ass. It doesn't matter what happens to the economy as long as the government doesn't raise a finger. Period.

Which clearly isn't sustainable, retard.
Hence my point.

In a company there are 101 people, one being the CEO, 10 being engineers and 90 are manual workers. If all the 90 workers are substituted by robot production, they go unemployed and the only working people are the engineers and the CEO. The unemployed will either have to find a new way to make money (doing something in exchange for something else), or they will simply starve to death. If they starve to death, the population would be reduced to roughly 10% of its original size and all the living people would be engaged in working. Everytime that the company undergoes a new step of robotization, this cycle will repeat until only one human is left in the company. Now, imagine this happening for every exisiting business on the world. This would be the truth if there were very few factors involved, however sociology is not easy as maths. There would be other factors involved which would ultimately end capitalism as we know it, by introducing more and more welfare to the system through democracy or revolution.

And while we are it, you're welcome to post more anime you cute little weeb.

>jobs are lost
>government forced to cut benefits
>lower classes abort their kids or they end up starving, same difference
>new middle class of uber-intelligent superhumans begins to increase in numbers
>le natural selection face

I'd love to, but we pretty much seem to agree for the most part.

Also good taste, you degenerate.

Pretty sure riots would most likely occur if there are massive numbers of unemployed.

Modern day luddites need to kill themselves

You can't sell someone a product if they don't have a job or the money after living expenses. Look at Fordism.

Of course, but even riots or a revolution aren't enough to change economic gravity.

In the Middle Ages when the poor couldn't afford grain, they starved; and whether the government of the day fell or not made little difference.

So what happens?
Technology stops advancing?

Business by their very nature will do whatever saves them the most money.
A persons buying power is irrelevant, if anything them selling less of a product and earning less becomes an even a bigger incentive for them to automatize further to try and save even more money.

Yeah I'm sure all those self driving cars are totally going to increase the amount of jobs out there.

>Population decreases due to mass unemployment
>Less goods are needed
>More layoffs
>Rinse repeat

>Everyone has a shitty time because the poor can't afford products and companies can't sell them

Jobs will just shift, but regardless there will always be bottom of the barrel jobs because complete automation in some jobs isn't a good idea.

>OMG how are the workers going to earn a living if they are replaced by teller machines?
Educate yourself.

>jobs will just shift
Except jobs are VANISHING.

Nothing is being created, there is no shift, the bottom of the barrel jobs are vanishing and those people are squirming their way upwards furthering their education.

>one case is somehow the example to follow
Adorable.

Capitalism will survive for the following reasons:
1) There will always be a scarcity of resources
2) There will always be different opinions about how those resources should be allocated or who is entitled to them

The technological unemployment issue is fixed with basic income or more welfare programs, both of which maintain the capitalist system while giving a reasonable standard of living to the people who become redundant.

>capitalists need to kill themselves

FTFY

You just can't be condescending to others when you don't even know the Economics 101 of why automation does not destroy jobs.

Educate yourself, you goddamn Neo-Luddite. The same technologies the computer you're using to post cute squidgirls runs on have saved millions of wages to employers and this has been translated into more stuff being produced, hence the raise in the standards of living. The displaced workforce just moves to either produce something else or produce more of the same but more efficiently, their dollar buying more stuff relative to inflation.
>Gibsmedat muhfugga nigga. OOOGA BOOGA.
That's you.

False premise. Automation is not fast becoming the norm. Jobs are not being cut down in size thanks to machines. Most industries are transforming into service industries anyway.

The problem with our economy isn't automation, that is Alexander Gordan Jahans tier reasoning, the problem with our economy is that it is illegal to do most of the work that needs to be done.

But we get it. Internet is magic but there is no more of that magic anymore

Capitalism works since forever. Why would you want to implement a Communistic system that repeatedly failed throughout history?

Technical advancement doesn't destroy property rights.

If you don't get yours now you're genna starve in the near future.

Banks tellers don't even have the same functions to that of an ATM.
Good luck trying to withdraw thousands of $$$$ from a fucking ATM.

You're spewing nothing but fantasy.
You're heavily implying there will be a place for those displaced workforce a loveable assumption.

If you can't tell our current economy is already tanking and degrees are quickly becoming worthless.
How you don't see how this will be getting worse as time goes on is beyond me and utterly foolish.

Doesn't spain have like a 50% unemployment rate anyway?

Fascism is the solution

>That's you.

I want the product of my labour. Capitalist parasites can get a real job.

Tell me which communistic country didn't have the USA meddle in its affairs through embargoes?

Well when we reach sufficient levels of automation we will probably be like the people in WALL-E or something.

This graph is bullshit really.

It's a fact that back in the 1970s banks had dozens of tellers. If ATMs never existed, EVERY bank would have this many tellers.

These days banks maybe have 2-3.

If you extrapolated the average number of tellers back in 1970s to now, there would be an enormous number of tellers per bank

If you want the full product of your labor, you had better provide the full components of your labor. Commies always seem to feel that because they assembled the car, the value of the parts is irrelevant, they ought to own the full value of the car.

But the reality is different, because the labor theory of value is objectively false: The components to the car were worth far more than your labor. This is true in most cases of productive labor. Most of the components are provided for you by someone else, as are most of the logistics and most everything else. But of course, that doesn't matter, because in the Commie's mind, raw materials simply spring out of the ground and deliver themselves to the boot factory, where those poor widdle workers are being ruthlessly forced to accept money for simple tasks.

Hell even prostitution the world's oldest trade could be potentially threatened through automation.

No, it is totally accurate, because it mirrors what we see in healthy service industries: The number of individual workers declines, but the number of outlets increases.

People put out of work by automation historically do not simply starve to death, they are instead reabsorbed into the workforce and moved by market pressures to where they are needed. Our problem today is threefold:

1: When people become unemployed, they can essentially while away indefinitely on unemployment and welfare.

2: Nobody thinks it's a good idea to move to follow business anymore. They are content getting part time jobs that pay shit and coasting along on government subsidies.

3: The government confiscates a huge percentage of the average citizen's wealth, and rather than spending it on something productive, uses it to blow up sandniggers and pay off the interest on our own currency lent to us by the Federal Reserve.

The idea that in our society, which is perhaps a fifth as service-oriented in real numbers as, say, Sweden, we are in some danger of an automation-apocalypse in the near future, is laughable. It's the Rapture for lazy people.

>most degrees are worthless nowadays without massive networking

This isn't true. Networking has always been crucial when hiring since the beggining of man and subsequently the beginning of organized work. Of course you are going to hire someone who you know and who's work you respect. That doesn't mean the person(s) who weren't hired would not do the job just as well. I have lots of friends, but I wouldn't hire most of them for a lot of jobs if I don't think they'd be good at it or have experience or an education in it already.

Automation will never dominate most industries. The fasted growing right now is food service: everyone needs to eat. All the tech companies you speak of now are experiencing massive layoffs right now, tech layoffs in the San Fran Bay Area and Silicon Valley have more than doubled since April. The food services I speak of will always need humans to create the dishes they serve: they are too complex to be run by machines. I've worked in restaurants all my life and their are way too many factors at play and too many jobs even just a cook has to do a machine never could. Also people crave human interaction. Most people won't go for walking into an eating establishment, taking their order at a computer, and having a computer make your food. Wawa is the closest to this but it's a gas station, and while you order on a screen you pay to an actual human and real humans you can see are making your food.

I am assuming you are advocating socialism or some form of globalism. I am also assuming you have very limited work experience. If you've ever worked a 40 hour a week job at a restaurant, grocery store, theme park, than you'd know that technology does not equal less jobs. I worked at a major theme park that is constantly in need of more workers as technology allows them to create new rides and needs people to build them and work them. You assuredly have very limited real world experience.

How do you survive being such a gender confused degenerate sissy faggot?

You tell me, you seem to go after them nonstop, butt fuck them then proceed to kill them for some reason.

Probably because the blowjob was shit, you have nothing to worry about as long as you can ride and blow good :^)

w-why so much anime in this thread

>food industry
Are you the same guy who always says he's a wendy chef who has a 9 inch cock and makes 150k a year?

It's a way to signal that one is a feminine faggot and is available for erp

I post cute girls because they are adorable to look at, not because I identify as one you sickening fucking roach.

go back to sucking dicks, no questions

look, the secually deprived t*rkroach who turned into a faggot because he is shit at the pussygame

It's nothing to be ashamed of in the current year old snatch, just come out ;)
how can I be deprived when you're giving us free money and sucking our dicks to stay in your country?

Automation revolution leads to lower low prices, bringing even more luxuries into the range of the welfare recipients?

Eventually we all go on the dole, with homes, cars, phones, internet and food in essence free?

Tavistock has worked its magic on the West, normalizing Two Children households, and indeed doubleing the number of child free households. The population is set to shrink.

We may well see an end to the stigma of welfare, in much the same way we saw the complete reversal of social attitudes towards single mothers?

That's the sticking point: will people ever feel secure on the dole? Right now I'd rather die than be long term unemployed. Could this attitude ever change?

You disgusting sand niggers are the most degenerate things in existence.

Second to old depressed shut ins who pretend to be cute anime girls online for a temporary moment of having self-esteem.

guess your dick is too small to be sucked, hence you stay in your mudhut in turkey :^)

How does anything you said have anything to do with capitalism?

>Another Luddite thread
You know people have been saying this since the birth of tools?

Yeah, the tractor put a lot of farmhands out of work. But are we all unemployed farm hands still?
No, were not.

every plane seems tiny when you're the great canyon :^)

Hes a Luddite. They think technological advancement will be the end of us. Since capitalism is fueling technological advancement, he's against it

marx's theory of crisis happens and then society becomes communist with people having seasonal rotational jobs so everyone can have 4 months off a year.

>people will be forced to learn more things and be more educated than before
Oh no! We must put an end to this!

I haven't done anything to even bring about the assumption that I'm pretending.

Sorry if posting cute girls automatically means I want to be one in your twisted sand nigger degenerate mind.

>there are no unemployed people out there
>this will not get steadily worse
>degrees have not been becoming more and more saturated and thus more and more worthless
OK.

then you should have an easy time coming here for free gibs, right?
oh whats that? you are talking shit out of envy because your hairy murat ass can't get into EU? :^(
what a shame... all the money I earned and no t*rkroach to give it to...

>oversaturation is a good thing
You're fucking retarded.

Learning something is good, when there is more supply than demand that is when it isn't which is what happens when jobs start vanishing.

you used to be good at this, you seem to have lost your mojo. try harder pls
sure grandpa

>Doesn't understand the difference between cyclical unemployment, frictional unemployment, and structural unemployment
OK.

Tossing big words at me wont change facts, son.

>Right now I'd rather die than be long term unemployed
I'm long term unemployed, and the irony is I was more employable before the recession, before I went to uni.

I'm on sick bennies though, not the dole. Because I have a mental illness.

Thing is it pays enough to allow me to live alone in a flat in the middle of fucking nowhere in Wales. But it's not sustainable long term. I will one day have to rejoin the masses, or not.

The way I see it, the concern about automation is sound. When automation quickens pace and goes full speed, people won't be able to reskill fast enough to stay relevant, also not a lot of people can psychologically cope with that scale of instability and constant changing of circumstances. Mental health will probably explode.

Nobody seems to know if this will lead to techno utopia or dystopia. But if history of humanity is anything to go by, I'd say dystopia.

You literally do not have an argument.

Who gives a shit what some lazy welfare leech nutjob or retard thinks?

You're claiming that structural unemployment will take over and humanity will suffer, just like every Luddite before you has done. Every alchemist claimed that chemistry and science would put everyone out of work just the same as you people claim self checkout machines will put everyone out of work. But are we all unemployed alchemists? No, because there are new jobs

avatarfags are the WORST

Have you ever heard about the story of the girl that cried wolf?

Eventually the wolf does come.

Oh get over yourself burger.

I've worked. I've studied. I've graduated.

Expect more "welfare leech" in the future. Your tent cities are evidence of that.

But I don't expect much from you. Burgers aren't really known for their intellect, only their stupidity and their arrogance.

That's what every Luddite says. You're no different than those people who predict the day the world will end.
>Oh we were wrong the last few times but this time were certain!

The boy who cried wolf is just a story. And the moral of the story is about not spreading panic. What you take from that is that a wolf is coming so you should warn everyone now? Way to completely miss the point.

You know, a lot of the times,the wolf never comes, because there is no wolf at all

Sorry child, but common sense dictates that automation WILL bring about further problems and make people lose jobs.

If you don't take serious the horrid recession we are on, the fact that every degree nowadays is nothing but a meme then you're living in a fucking cave.
The situation is already bad and I highly doubt automation will somehow make it magically better when in fact it will do the opposite you child.

You can bitch about past histories however the context of this situation is much different.

Rin is so cute.

You're just salty we kicked your ass, only to come back and save it twice.
Get fucked leech. Automation will take a lot of jobs, but never all of them, there will always be the need for human workers, maybe one day bots will replace all workers but that won't be for a very very long time.
Hopefully I'll be balls deep in my loli waifu bot and it won't matter.
Stay poor.

Fuck off Kronie don't you have some burgers to flip

Degenerate.

>spain
Literally WHO are you, faggot.

Courier, long time no see :3

Why is a faggot fuck like you over on Sup Forums?
I thought you were busy whoring yourself out on /vg/ threads or something like the pathetic fuck you are.

I'm also surprised you were able to figure out it was me.

This is actually a serious issue. As technology advances, the demand for labor decreases. These upcoming decades will be a dangerous time to be a worker.

I really don't understand why other people can't grasp something so simple, its baffling.

If you can't find work, then go back to finding and growing it. Filling your gut is not the responsibility of others. You're not born with the right to food or luxury, only the right to pursue those things while not inhibiting others. Population needs to be reduced anyways. We could already be living in a more or less communist utopia. If we got rid of the dead weight, we could probably approach post-scarcity for most necessity items.

You capitalists make me sick

It really is a threat to capitalism. I'm all for technological advances, but humanity is going to need to find a new way to manage itself, unless it wants to live in a world ruled by a new robo-communism.

You don't think I could miss my favorite tripfag even if he changed his name? :3

Welp, its nice to know you're still alive and well.
I hope everything been working out for you.

I really don't see any other way unless the government goes out of its way to interfere heavily.
The future does not look bright that is all I can say, I pity future generations.

Degrees became worthless because the market around college is inflated. People became retarded and everybody decided they must go to college. The government decided to give practically anybody a loan for education, regardless of career prospects, and so everybody started doing the "sure thing" by going to school and because all of them did at the same relative time, it no longer became a sure thing. Also, when the government started enabling people to take out loans, colleges decided to hike up their prices accordingly to cash in on all the lending, while simultaneously letting in more students and less qualified students and watering down the quality of the education. All that happened at once and destroyed the financial value of a college degree in less than a generation. Now, people without degrees can't find honest work like they used to, despite being as qualified as they always were for manual labor, because the market became saturated with diploma holders, further driving the need for people to go to college. Basically forcing people to carry a debt they struggle to pay off, just to perform work at the same production level and earn the same amount. Even those who get bachelor's degrees are not as productive as they should be, because undergraduate programs are flooded and watered down.

In summation, the government being irresponsible and deciding to finance education for everybody, under the pretense that everybody should go to college, actually undermined the college education and created large debts for working people without appropriately increasing the productivity of those workers, basically strapping ankle weights onto the economy that don't result in getting stronger. That is what happens when the government gets involved in a market, the working man gets fucked while the rich are fine or even more well off than before.

Why? because you don't like the truth that it isn't right to force somebody to do something just because you want them to do it really badly, even if you vote that they should?

My life is better than ever

It might not be as bad in welfare states; most common people (except for highly paid business shareholders, politicians, and a few engineers) would spend their lives popping out babies and sitting on their asses while robots do all the work, but that's not the way i want to live.

If only you were willing to spread the wealth, stingy as ever.
I'm glad to hear things been looking up for you.

As for me, well you can tell nothing has changed.
New name old habits, now shoo along.

People don't need degrees. Otj training and vocational skills are completely viable. Bureaucractic interference has caused the "need"for the degrees along with many of the problems in the educational system. Whether we voted on it or it whether it was pushed through by progressives doesn't change the need for a solution.

I'm currently eating dinner at a nice restaurant all at my daddy's expense
Life is good

>They will simply starve to death
You're a dumb fuck. Don't you have class to attend?
>Sociology is not as easy as maths
Get back to class, faggot. Automation had been happening since the water wheel. Society adapts.

>
>Get back to class, faggot. Automation had been happening since the water wheel. Society adapts.
This, college fags who have never worked seem to think workers will become obsolete.
Is this some new meme?

Oh, so no job?
Yeah...I guess its a pretty nice life.

Just make sure you don't lose anymore ping pong balls inside of you in the future.

>Otj training
>viable
Oh pls, every job requires you to be 5 years experienced, you're drunk if you think that is viable anymore.

I'll keep that in mind when I send you home cuz we don't need the extra labor.

You DO realize that further pursuit of automation will reduce the amount of jobs out there?

Yes during its infancy it was the opposite but infancy and us reaching the advanced stages are two entirely different things.

>Otj training and vocational skills are completely viable
Viable, yes - but best is a "Dual System", as we have in germany. Once you get out of ~high-school, somewhere between 15 and 18, you go into an apprentinceship. Each week you have 1,5 days where you go to "job school", and learn the theoretical knowledge needed in your field or craft. After 2-4 years (mostly 3 or 2,5, but 4 for "real" crafts), you are - after testing - awarded an official job title. If you did well enough in job-school, you even get a better school degree.

In that system, the only need for universities, is to educate the cream of the crop. While free, and with some "overflow" in some fields of study, it works out fine. The job-market hires or meets them out as it sees fit, and trends are quick to adjust.

People will switch into fields where profit is sufficient. Value is relative to individuals.

In a world with endless production, it logically makes sense that production would eventually become extremely customized. Likewise, goods and services produced by individuals would also logically increase in relative price compared to manufactured goods as they would be seen as more scarce.

So, to survive one would either start a business for niche' markets, or artisanal/high class service. E.g., why there are currently hipster bakeries and coffee shops even though the quality different is slight to non over their mass produced counterparts.

lmao weeaboo cancer

Why are you even on Sup Forums if you're going to post shit like that?

your counter point and all 3 of those are entirely wrong lmao

>My common sense will totally contradict LEGITIMATE OBSERVABLE FACTS
This is how you know you're retarded. You don't even understand economics, yet you think you're right? FFS

>1886+130
>not being an anarcho-primitivist

Industrialization was a mistake, you'll soon see

>observable facts
Except there has not been observed any facts for the heavily technological improvements we can easily do.

You can spout nonsense during the infancy but nothing to this scale.

And you keep spouting as if our job market is fucking BOOMING, pls tell me where is it fucking booming where has technology helped in this current supposed "BOOMING" we are in.

I mean you guys are totally fucking right, how could I be so blind.

This right here is CLEARLY the Golden Age and its only gonna get better as automation becomes more and more advanced because fuck all logic and common sense.

We can keep capitalism going until the singularity hits. Then we can talk about mandatory minimum wage as humans become irrelevant.