How do we profit off of the automation boom, how do we establish

>>1634505
invent the machines that will do the work. Invest in companies that manufacture machines to do factory work.

>>1634576

This. If you aren't in tech maybe working to help automate and maintain automations then I'd recommend entertainment. People will have a lot of free time and will look for something to occupy it with. Personally I'm doing youtube product reviews and getting 50k views per weekly vid I up. It's not a lot yet but definitely hope to build it up and cash in on the new economy.

Buy Alphabet and you'll find yourself living in the vast pleasure-domes in no time. You won't even have to participate in the trash economy.

Nothing significant is getting automated anytime soon.

This is just a NEET Bernout pipe dream in hopes of them getting basic income to stay at home

>muh self driving cars
>muh McDicks Kiosk

Automated cars are not even expected to even be semi widely available until after 2020

Why do people think that post-scarcity automation is right around the corner?

>>1634591
Do you think 2020 is a long time?

>>1634608

Do you think everyone is going to instantly trade in their current cars for brand new self driving cars or that businesses are going to sell their 100k big rigs that they've already invested in to be early adopters of technology?

>>1634584
I'll take "bad ideas" for 500
>what are saturated markets?

>>1634611
>instantly
No
> within the next decade or two
Yes

>>1634625

There's still a lot of room in the market for people who can entertain or captivate people with their content. I figure there might be more room for this in the future as people have more free time.

>>1634592
Because I don't get my news from fox news.

>>1634678
Do you really think we're going to have a post-scarcity society within our lifetime?

Automation is already slow as it is. And in most cases sucks.

Get more education or become a thief

>>1634505
Start building a portfolio of luxury brands in industries that will benefit from the reduced labour costs of automation but still maintain their allure and premium costs.

>>1634685
Automation could be fast. It's just that nobody has any interest in telling their bosses that ``You could totally automate my job and leave me out in the streets''. Engineers in companies like Google also have no interest in automating jobs in other sectors, beyond what's perceived as cool and flashy.

There are very few fields that believe that human interaction is an irreplaceable element of their business plan. That just means that the speed of automation is a function of how interested the business owner is in the subject.

>>1634505
Graphene, goyim.

File: 1477700853332.png (980KB, 1311x1455px) Image search: [Google]

980KB, 1311x1455px

>>1634591
Automation is absolutely here already, however it's not giving anyone free stuff or more time. IBM laid off 100,000 of its 400,000 worldwide workforce in the last 2 years because they finally automated enough jobs. These people are now competing for other jobs that would have gone to other people, and plenty of them are looking in non-tech fields because they had other talents. It just gives more labor supply and less labor demand. People think "Automation" as robots doing shit for them, in reality it's robots and automated scripts doing shit for companies so they need 25% or 50% less employees.

Automation isn't going to give us all leisure time, it's going to cause a Great Depression.

>>1634738
Automation doesn't work unless you're just a sociopath who wants to keep millions essentially either die or become Socialist welfare slaves.

People need to work to have value because we dont live in a post-scarcity society yet. If post-scarcity was a real option then maybe automation could be possible.

>>1634505
I think we're just gonna kill em

>>1634717

You know how I made money as a kid? Dug through trash cans for aluminum cans. At the time, you could get 52 cents a pound for aluminum cans so for spare change (spare money as a kid), I would dig through trash to take up aluminum cans. So all you fucking idiots who are trying to tell me what I can or can't talk about: I've dug through trash cans as a kid for spare money. I've spent five years fighting a false rape accusation. And you know what, I got my law license! I made it through. I got the charges dismissed. My record expunged.

You are nothing to me. You are little, pussy fucking worms.

>>1634626
I don't know.. we haven't even automated trains yet. Something that only has two choices of direction to travel in, and only has to know when to go, and when to stop.
And those still have people running them.


I have a feeling that, after a few additional crashes out there, that soccer mom's will lobby the government to ban auto-drive as everyone will blame their crashes on "the car did it".. like how they blame the gun, not the person holding onto the gun, for a murder.

>>1634741
Who produces that?

>>1634781
Machines will dig through trashcans faster in the future.

Invest in LMVH and stop larping.

>>1634759
You know CEOs have a high percentage of sociopaths right? Also, no people DON'T need to work to have purpose. Idiots will have their hobbies, average people will have theirs, and so will smart people. The only reason that these hobbies aren't prevalent now is because most people have jobs.
What do you think a person who daytrades does all day?
Trucking, for example, will be a dead profession within the next 10 years. Think about that, one of the most popular jobs in the US is gonna be completely dead. After that, I bet you most CEOs will start taking note, and will automate faster than now.

>>1634869
So what, let's put more people out of jobs, great idea!

>>1634871
Regardless, this WILL happen at some point. If only ONE company within a market does so, every other company will have to automate in order to avoid getting destroyed. I wish we could go back to the mid 20th century where it was easy to get these manual jobs and everything was peachy, but that's not happening.
There is literally no realistic alternative to UBI for 90% of the population.

>>1634871

At this point when truckers start losing all their jobs we might need a basic income or at least some sort of government funded make-work program for those who refuse a basic income. I'll be fine as a software dev but truckers and others simply won't be able to retrain to compete for the dwindling jobs not taken by automation.

>>1634875
Also a software dev. Even our jobs will be automated eventually. The evolution of machine learning AI in the last number of years is incredible, so these AIs will be capable of destroying any human's mental abilities. Granted, it will take some time to get AIs to be this well versed, but it'll happen eventually.

>>1634678
No you get your news from youtube videos fishing fit views

>>1634875
And that's the problem. Once you're on basic income, (that is to say, if the rich even pay for it; more likely it will be used to cripple the middle class with taxes) you've handed over your whole life to the rich. Your ability to live is directly decided by the rich and how well they are doing.

>>1634590
>>1634768
2070, future now whaaaattt