Chapter 1: The Automation Paradox

The hyper-elite appear to be misguided in their long-term strategies. For instance, Elon Musk's vision of automated car factories that produce even more automated facilities sounds innovative at first glance. However, it raises a significant concern reminiscent of the "Henry Ford Problem."

Legend has it that Henry Ford recognized that high vehicle prices and low wages for workers restricted car ownership. He aimed to create affordable cars while ensuring his employees were compensated well enough to purchase them. In stark contrast, Musk's approach involves creating expensive vehicles with a diminishing workforce.

This trend is not isolated to Musk; billionaires globally view human labor as a cost to be minimized in their quest for profit maximization. As a result, millions of jobs are anticipated to vanish due to automation in the coming years.

Yet, some techno-optimists insist that human creativity will lead to new job creation. Perhaps, but it’s essential to acknowledge that efficiency-driven capitalism often leads to increased specialization, resulting in jobs that are less fulfilling and poorly compensated, particularly within the gig economy.

Moreover, the same billionaires who champion automation are often adept at avoiding taxes, which erodes the social safety nets that could support those displaced by technology. While we might dream of a tech-driven utopia creating new opportunities, this is cold comfort for the countless individuals facing homelessness today.

So, what happens when billions of people become economically obsolete, as artificial intelligence surpasses human capabilities and robots perform tasks with unparalleled efficiency? The reality is stark: without a substantial portion of the population earning decent wages and having access to affordable goods, the economy is bound to collapse.

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Section 1.1: The Role of Workers in Wealth Creation

The encouraging news is that awareness is growing regarding the futility of the ultra-wealthy. All societal wealth is generated by contributing workers, who not only create value through their labor but also through their consumer spending.

A recent perspective succinctly stated: "Consumer demand creates jobs. When people lack financial resources or employment, demand diminishes. Distribute a thousand dollars to a thousand individuals, and it stimulates a million dollars in economic activity."

In contrast, a billionaire receiving a million dollars typically reallocates it to increase their power and wealth, rather than create jobs.

Subsection 1.1.1: The Misconceptions of Billionaire Wealth

Elon Musk, the richest individual globally, owes his fortune to:

• A stable, taxpayer-supported infrastructure that facilitates production and sales
• Billions in government subsidies
• Thousands of employees who contribute to the work
• Millions of consumers driving product purchases

Critics often argue about the necessity of initial capital for businesses. However, this capital is merely wealth extracted from workers. It’s time for the public to recognize that billionaires are not creators but extractors.

Chapter 2: The Long-Term Consequences of Automation

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The overarching goal of the ultra-rich stands in stark contrast to societal well-being. Their primary focus is on maximizing private profits derived from workers, which ultimately jeopardizes collective prosperity.

The consequences of ignoring this reality are dire. In a world with a growing population facing joblessness and resource scarcity, the potential for societal upheaval looms large.

The wealthy are not oblivious; they profit from the systems that perpetuate inequality. Even a slight chance of major societal unrest is enough for them to invest in protections for their wealth. However, their short-sightedness may lead to isolation in the event of a true collapse.

Envision a scenario where the wealthy retreat to fortified shelters, isolated from the chaos they helped create. Is this truly a sustainable plan?

The billionaire council should convene to discuss the ramifications of their actions and the potential for a more equitable future.

What if they focused on sustainable population strategies and incentivized smaller families? This could lead to a world with an abundance of resources per person while utilizing AI to fulfill labor needs.

Imagine a future where technology benefits all, allowing nature to thrive and eliminating poverty. This vision contrasts sharply with the current trajectory towards a dystopian society characterized by wealth inequality and environmental degradation.

The ultra-wealthy seem to prioritize survival over societal flourishing, leading to an increasingly alienated existence. Their lives are marked by isolation and distrust, devoid of the simple joys of human connection.

Could it be that they want everyone to experience the loneliness they face?

Jared A. Brock is an award-winning biographer and PBS documentarian, known for his thought-provoking perspectives on the corporatist anti-culture. His work has appeared in various esteemed publications, and he has traveled extensively, including to North Korea. Follow him on Medium, Twitter, and Substack for more insights.