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    The Automated Economy
    The Automated Economy
    The Automated Economy
    Ebook18 pages13 minutes

    The Automated Economy

    By Isuru Abeysinghe

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    About this ebook

    Analyzes the current economic system from a structural perspective, free market principals and proposes a future where robotics and automation are used in place of human labor. How can we have a free market when human labor is highly politicized and rigid? What impact could a AI revolution have on human social structures and what advantages could arise from this possible future?

    LanguageEnglish
    PublisherIsuru Abeysinghe
    Release dateOct 13, 2012
    ISBN9781301637843
    The Automated Economy
    Author

    Isuru Abeysinghe

    My life has generally been devoted to the pursuit of technical ambitions, being a graduate of Software Engineering and working for a financial services company as a software developer. However, I have many interests in humanities - history and politics mainly - providing fuel for my creative outlet of writing. I try and integrate equal parts of bleak and almost brutal analysis together with sardonic comedy to produce works that I hope will offer new perspectives and reflect actual social issues in the real world.

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      Book preview

      The Automated Economy - Isuru Abeysinghe

      THE AUTOMATED ECONOMY

      By

      Isuru Abeysinghe

      SMASHWORDS EDITION

      The Automated Economy

      Copyright © 2012 Isuru Abeysinghe

      INTRODUCTION

      This book is an analysis of the economic systems that persist today and the potential impact of automation and robotics with relation to addressing the shortcomings of the economic model. In this book I will first explain the core premise of the structural aspects of economic modeling and then propose a possible future whereby the economic model is severely modified to account for the impact of automation (either organically or through central planning.) I will present a discussion concerning the impact, benefits and risks associated with this scenario.

      The current economic model is based on two fundamental drivers – natural resources and human labor. The concept of money is simply a mechanism that addresses the equilibrium between these two primary factors, mechanizing the supply and demand against a backdrop of global relativism. Human labor can be thought of not simply as the availability of constructive resources, such

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