The last message Stephen Hawking posted to a public internet forum was an answer to a question in a Reddit AMA, querying how humanity will weather an age of technological unemployment.
Professor Hawking's answer said that there was no problem with robots taking jobs -- only with the dividends from that robotic efficiency accruing solely to the capital classes thanks to market dynamics, rather than being broadly shared through redistributive state intervention.
(See also: Why Socialism? by Albert Einstein)
If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality.
Stephen Hawking AMA [/r/science/Reddit]
(via Late Stage Capitalism)
Since the days of Napster, record labels have recruited recording artists as allies in their fight against unauthorized music services, arguing that what was good for capital was also good for labor.
1.4 million people in Puerto Rico lost power yesterday in an outage that lasted for a day and left part of the island without power even after service was mainly restored.
Tesla was extremely upset to learn that the employees who'd been injured and maimed in its factories spoke to Reveal News about the unsafe working conditions and culture of cover-ups at the Tesla plants.
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