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In a post I submitted to Facebook regarding the rise of automation and robotics and the fear of mounting unemployment a discussion occurred in the comments and the question below was asked by Bill Davidson : "There will have to be a revolution in how we "compensate" people. " In response I wrote the following hypothetical scenario in the vein of this post and this post that I've written that paint the possible future in a story. The gist being here that over time the *need* to compensate will become obsolete since the agents that we would be getting services from won't require payment. We like wise won't *need* to be performing work to get payment the self healing infrastructure that we construct would just provide it for us. Imagine this scenario: You go to bed at 11 pm and promptly at 7 am your robotic assistant raps at your door bidding you to wake. The assistant has already prepared breakfast which is waiting hot in your kitchen. You open the bed...

In this series of articles on the robot revolution, popular science writer and founder of howstuffworks.com Marshall Brain does a great job of explaining the technological factors of automation that are fast eliminating manufacturing jobs world wide and are contributing to rising unemployment in the human work force as an automated work force ascends. I wrote a blog post in July that explains why eventually the robot workforce will completely remove humans from the production loop. Once humans are no longer required to either design or build the machines that othttp://www.blogger.com/img/blank.gifher humans use to build and farm the world around us, the costs of production will virtually collapse. Marshall paints a gloomy scenario of a future with rising numbers of unemployed humans that suddenly appear due to specific automation events, for the most part he is correct. The events have been happening, the last great one occurred after the dot com bomb of the early aughts and led t...