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[–]Canbot 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

And yet slavery still exists. Sweatshops exist.

It would seem viable, if not efficient. I think people generally underestimate the intelligence that is required to automate. But eventually slavery should be not viable for economics as the intelligent people get around to automating everything.

It will probably always exist in the 3rd world.

[–]jet199 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Sweatshops aren't anything like slavery.

That's just an area where the cost of labour is worth less to the employer than minimum wage. There are a lot of jobs like that which is why employers are replacing them with tech where possible. If you take such a job you usually have other issues which mean you don't mind earing less, such as having a husband who works.

Where slavery exists is in very poor counties where working for food and lodgings isn't considered a bad deal and among the very rich, like the Arab princes, where they can just keep paying wages for endless shit staff without any worry of the cost.