Well, it would start by not tax-favoring the (capital) income that remains and would have to have grown massively relatively to the overall economy for that to have occurred.
(In fact, it could start by doing that now, and the resulting tax burden shift would reduce the artificial tax incentive to shift from labor intensive to capital intensive production methods, which would, among other things, buy more time to deal with the broader transition if it is actually going to happen.)
if robots are that advanced that can do most of the jobs - the cost of goods will be close to zero.
government will product and distribute most of the things above and you mostly won't need any money, but if you want extra to travel etc there will always be a bunch of work to do - and not 8 hours per day
No, the cost of goods will be the cost of the robots involved in production amortized over their production lifetime. Which, if robots are more productive than humans, will not be “near zero” from the point of view of any human without ownership of at least the number of robots needed to produce the goods that they wish to consume (whether that’s private ownership or their share of socially-owned robots). If there is essentially no demand for human labor, it will, instead, be near infinite from their perspective .
This is not going to happen.
We all know a post-apocalyptic world is what awaits us.
More or less Elysium is the future if ppl will still behave the same way they do now.
And I doubt ppl will change in a span of 100 years.
>government will product and distribute most of the things above and you mostly won't need any money
So basicially what you are saying is that a government monopoly will control everything?
>> government monopoly
there is no monopoly if there is no market
