Saturday 2 April 2016

Capitalism and the Machine revolution

I love analysing and disambiguating Business and Technology and how the activities involved in the two processes contribute to the way man leaves and evolves.
So i've been reading a lot of capitalism content of late and i've been trying to analyse capitalism and Technology and how they affect the world now and how they will affect the world in the near future. My argument is that there is an impending war between capitalism and Technology and that this will stop at nothing to destroy many business magnates and their respective business..
Capitalism represents the legacy forms of doing business that favour private ownership of business rather than government ownership of business. Capitalism works well since businesses/institutions are more effective when they are privately owned than when they are government owned (this has been evident for many years and statistics exist to prove it). The gist of the matter is that capitalism involves an able individual who leads and employs a group of people who may not have access to the abilities that he possesses.
However Technology poses a new system of doing business where the worker may be eliminated from the equation and replaced by machines (robots and software).
Some analysts predict that a fully automated luxury communism will take over. Such a system may inadvertently lead to an uprising of the workers against the system, a system which rids them of jobs and employment giving them to machines.
There are possibilities that even money may cease to exist in the Technology economy and knowledge will be tradable.
People will trade their knowledge of to make better machines better software thus the singularity age will rise where man will be one with the machines as microchips will be installed in human bodies to enhance on the power of humans to function.
The description of the future depending on the current evolution though seemingly dystopian and untenable and sends chills down our spines is one we can't avoid. Thus as a race we ought to keep an open mind about the whole Evolution of the world.