I've been wondering how we ended up having relatively low unemployment at all, and have come up with a theory: it is because of automatic population control. When people have good jobs, they tend to have more children. These children are being born into a reasonably good economy. Sure, sometimes entire job sectors broke away, but they average out (people in all job sectors do the population control thing).
This could stop working in the future, because technological cycles become so much shorter - much shorter than the change of human generations. Therefore the reaction time of human birth cycles is too slow.
Also, in some countries social wellfare is messing with it.
Think about from the other direction: would the world support an arbitrary number of humans? If 10 billion more humans would be dumped on earth tomorrow, would we find jobs for them? I think we would struggle at least a bit.
I think the job of the future might be playing characters in MMORPGs. When all physical needs are taken care of, people might resort to just playing games. However, it will be entirely voluntary to offer jobs to people - there certainly is no guarantee.
I used to be more optimistic because I thought the masses would stage a revolt if their situation would become too bad. But I forgot that the rich will probably also build fighting robots (self-shooting guns for building protection are the first stage). So the masses might not have a chance anymore.
This could stop working in the future, because technological cycles become so much shorter - much shorter than the change of human generations. Therefore the reaction time of human birth cycles is too slow.
Also, in some countries social wellfare is messing with it.
Think about from the other direction: would the world support an arbitrary number of humans? If 10 billion more humans would be dumped on earth tomorrow, would we find jobs for them? I think we would struggle at least a bit.
I think the job of the future might be playing characters in MMORPGs. When all physical needs are taken care of, people might resort to just playing games. However, it will be entirely voluntary to offer jobs to people - there certainly is no guarantee.
I used to be more optimistic because I thought the masses would stage a revolt if their situation would become too bad. But I forgot that the rich will probably also build fighting robots (self-shooting guns for building protection are the first stage). So the masses might not have a chance anymore.