Implications of large degree of robotization is that society as it exists today, with a current flavor of capitalism, would not possible.

A portion of wealth will have to be redirected toward sustaining now unproductive segment of society that was displaced by robots. In other words, a nanny state that most of you use as a boogeyman.

How do you think US will look like with DOW at 200,000 (present day dollars) and 50% unemployment?


[Linked Image]