Socialism is appearing inevitable, because Capitalism With Robots will render humans inefficient and worthless

A G Esq
2 min readAug 12, 2020

There is something brutally truthful and rational in Capitalism, that appeals to the most logical of human beings. What could be more appealing than the brutal efficiency of ruthless competition that produce most profits for people?

Who among us don’t dream of being part of that efficiency? To be the winners of Capitalism?

I know I want to be a winner.

Except, most of us are barely in the middle, breaking even in the middle of the pack in the game of competition among 7 billion humans on Earth.

About 70 million people own 50.1% of World’s Wealth. That’s slightly more than all the population of UK.

You may be content with this, but you can see a dark cloud coming: Robots and Artificial Intelligent machines that will upend the game of Capitalism completely.

When AI’s come into real force, how long before only 7 million people own 50% of the world’s wealth?

How many human jobs will be replaced, not by competing nations with low wage labors, but by robots who never sleep or tire?

What will the the cold hard rational logic of the Free market say about all the out of work people?

Oh well too bad?

Perhaps this is why so many of the Wealthy, like George Soros, Bill Gates, Warren Buffet, Andrew Yang, see as…

--

--