this post was submitted on 26 May 2025
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Capitalism

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Capitalism failed.

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[–] Aggravationstation@feddit.uk 1 points 1 year ago (1 children)

This issue seems to be affecting most developed countries. One option to resolve it is mass migration, the other is heavy development and widespread adoption of robotics and automation tech. It's possible that the tech route could lead to adoption in other industries and get rid of menial labour leading to UBI. But that's just my highly wishful thinking. The likely result will be mass migration from poorer countries that'll lead to millions being exploited and even if the tech solution was implemented at least to begin with and probably overall it'd lead to an uber-capitalist authoritarian hell-scape.

[–] BakerBagel@midwest.social 2 points 1 year ago (1 children)

You can't automate your way to healthcare. People need socializing, nurses to care for their needs, doctors to make adjustments, housekeepers to check in and assist in daily tasks that people just can't do. And even if Futurama style robots were invented in the mext 5 years, there is no way in hell anyone would be comfortable with them being the principal caretakers of the elderly. That's on top of all the other healthcare needs of the working population. Immigration will only get come countries so far, and will lead to further brain drain of poorer areas.

[–] Aggravationstation@feddit.uk 1 points 1 year ago

Very good points, all well illustrated. Up Voted.