Automation seems to be a never-ending source of fear-mongering. Judging from the commentary, robots will “replace us” and cause large-scale unemployment. With the entry of artificial intelligence (AI), and robots that make robots, the value of human beings as productive forces in the economy is simply zero. People then become value-less consumers, only “mouths to feed” while production is carried out by machines. And, the story goes, whoever first comes up with a robot that creates robots, and robots that fix themselves, will outcompete everyone else and soon own all means of production. The destiny of our innovative species is … Continue reading Will Robots Replace Us?