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American, libertarian, anarchistic capitalism has proved too extreme an overreaction to it's nemesis doppelgänger, communism. Democratic capitalism with sensible safety nets and evironmental regulations isn't as suicidal for us and the planet as what the Koch bros want. Furthermore, with deep learning and automation of most jobs (human-piloted transport, white-collar analyst jobs) will create millions upon millions of people without jobs or retrainable prospects while remaining, ultraefficient and uberprofitable businesses hoard cash while bleeding out the middle class, the engine of the economy. Lots of idle, unemployed, broke people is a recipe for unrest and civil strife.



In the short run, people should have social protection. The first generations are going to be jobless and penniless otherwise.

But in the long run people are not going to just sit around collecting UBI. They can still work, but on other things. Society will develop new areas of interest in which it will invest the available money. The focus will fall on science, sports, culture and social projects, which are going to keep everyone busy and at the same time advance us even further.

As society changes, education will have to adapt to the new requirements. There will still be jobs, but in domains that perhaps now are not even imagined.




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