yeah but what about the jobs...?
interesting points well made Tim but you've missed a big trick: what happens when the everyone's jobs start to be automated away and no one can work anymore? Not only will everyone be bored they'll also have no money to earn and spend...and the robot companies will not have any further revenue and then we all end up with a collapsed economy. It's the main argument of Martin Ford's 'The LIghts in the Tunnel' and one which you fail to address in your piece. Ford strangely enough advocates an elaborate taxation and centrally planned governement payout scheme to ensure people still have money to spend in the economy.