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User: mmarrow

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  1. Re:Who buys the output of the robots? on US Workers Face A Higher Risk Of Being Replaced By Robots (cnn.com) · · Score: 1

    In a world where no one works, and no one earns income - who is left to buy the output of the robots?

    Capitalism driven production REQUIRES consumers with disposable income. The one cannot exist without the other. To save capitalism, you need to save the consumer.

    A side effect of increased automation will be long term deflation, with eventually most items being free