Theoretically if this ideal state keeps going for long enough it’d reach a point where the economy becomes so strong that working hours can be reduced to miniscule amounts, with enough money left over to pay for people who can’t work (due to mentally or physically not being capable of anything that a machine can’t already do).
This can obviously not happen when increased productivity is only used to increase profits.
Why even increase profits when the company already was doing fine before? Oh right, because all other companies do that too and you have to stay competitive. And they have to stay competitive with companies from other countries too, so as long as there’s not peace between all countries there also can’t be economical peace, ending the hunt for higher profits and leading humanity to a bright future.
Theoretically if this ideal state keeps going for long enough it’d reach a point where the economy becomes so strong that working hours can be reduced to miniscule amounts, with enough money left over to pay for people who can’t work (due to mentally or physically not being capable of anything that a machine can’t already do).
This can obviously not happen when increased productivity is only used to increase profits.
Why even increase profits when the company already was doing fine before? Oh right, because all other companies do that too and you have to stay competitive. And they have to stay competitive with companies from other countries too, so as long as there’s not peace between all countries there also can’t be economical peace, ending the hunt for higher profits and leading humanity to a bright future.
We all know that this will never happen.