“Ah, you ask, but what about the people? Very good question. Smart machines may make higher GDP possible, but also reduce the demand for people — including smart people. So we could be looking at a society that grows ever richer, but in which all the gains in wealth accrue to whoever owns the robots.
“And then eventually Skynet decides to kill us all, but that’s another story.”
Is Growth Over?, Paul Krugman, NYT, December 26, 2012
No no no, Dr. Krugman, when the robots take our jobs, we’re all supposed to become poets and artists and transcend reality or something. I’m sure Skynet won’t give a damn about us by then. We’ll be too groovy to notice.
A little early, but Happy New Year everyone! I’m keeping my fingers crossed for 2013.