If automation expands and companies start laying off people by the millions...

If automation expands and companies start laying off people by the millions, won't people just start boycotting those companies?

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mises.org/library/let’s-hope-machines-take-our-jobs-we-want-wealth-not-jobs
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not when such information is to be supressed

no, because competitors of said companies would also have to automate in order to stay competitive, its not a matter of if but when.

>laid off by robot innovations
>money to boycott things with

Pick one

Because there will be an "automation tax" that prevents such behavior.

Our cloths and phones are made by slaves

That ship has long sailed

says who?

KEK

>won't people just start boycotting those companies?
it doesnt work like that, especially in industries that are very important like health, education, infrastructures, etc

Capitalism creates new needs.

>tfw you realize that it's actually easier to automate managers than workers in many fields

Cannot fucking wait for that hammer to fall.

>if things become so cheap we don't have to work anymore, won't people start boycotting those companies?

are you this economically illiterate? The purpose of any economy is to eliminate work and to maximize productivity. Thus getting us ever closer to the ideal where one barely has to work to sustain oneself.

mises.org/library/let’s-hope-machines-take-our-jobs-we-want-wealth-not-jobs

If Walmart drives down American wages and puts American companies out of business, won't people just boycott Walmart?

>libertarian trash website

That's how it's all supposed to work but people will sell out their soul if they can get something for 10 cents cheaper even though it comes from China instead of America.

Exactly. Full scale automation is the end of capitalism. It cannot come soon enough.

Automation will happen, it's just a matter of when - 10 years, 20 years....

Anyone have a good theory for what role humans will play when this happens? What about during (like when 50% of the workforce is obsolete)?

Hehe.

American manufacturing fucked itself. The consumer responded by looking elsewhere, and with good fucking reason.

Humans will direct the machines. Capitalism will fade away as private ownership of the means of production will be seen as inefficient, barbaric, and (most importantly) completely arbitrary since costs will eventually become so incredibly low.

So one of the machines will be riding my dick all day and the other will be searching for food and water? Can't fucking wait dude.