Reply to post: Re: Errrm

Basic income after automation? That’s not how capitalism works

kyndair

Re: Errrm

Yes while no-one in your firm has been laid off another firm would have to scale back or go out of business as your firm took their business, while economics isn't a zero sum game it's not an infinite game either. Their is only so much growth and so much elasticity that economic players can take advantage of before someone has to lose.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019