We're fast approaching an era when companies will be able to run themselves. Called Distributed Autonomous Corporations (DACS), they'll utilize cloud robots to manage supply chains without human supervision. But as an article at Aeon asks, will these blockchain-style systems set us free, or just make the rich richer?
I guess my question is; will technological progress be able to create as many jobs as it makes obsolete?
In a perfect world, all factory and manual labor jobs would become machine run and the market would naturally open up for those formerly employed to take on more fulfilling jobs. But that's pretty damn idealistic.