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This will continue to happen as long as automation in health care is slower than in other sectors. It's due to Baumol's Cost Disease: https://en.m.wikipedia.org/wiki/Baumol_effect

The same is true for other sectors that struggle with automation like education.



So after every industry is fully automated and everyone has lost all their jobs, do we all just hold hands and walk into the sea together or...?


Not sure why we would walk into the sea because work doesn't need doing anymore. If you are worried about needing work to put food on the table, I think our best solution is to start with a small UBI that we try to increase as automation increases.


We ? No. I walk in the sea, you go back to work. /s


The way I see it, you have three choices, the government, corporations, or billionaires. It's an oversimplification of power in this world today, but those are your choices. Which one of those do you pick to clothe and feed and house you, after the singularity happens?


Another potential alternative is healthy capitalism, where a large number healthcare providers are in competition with each other to provide the best service at the lowest cost. In this model a hospital, for example, would be forbidden to buy another hospital down the road, in the same way a doctor’s office would be forbidden to buy a second doctor’s office, because both cases reduce competition.


That would be government. Markets don't regulate themselves and monopoly is the natural equilibrium state of capitalism.


No, it would be a mixed economy, where private individuals and businesses provide most of the goods and services, and the government plays a significant role in regulating the market.

Monopolized markets are almost always evidence of regulatory failure.


"Healthy capitalism" isn’t an option distinct from government intervention. Healthy capitalism it is government-regulated capitalism. Any system where competition is protected depends on active, ongoing government enforcement of the rules. Without that, markets naturally tend toward monopoly or oligopoly.

Advocating for "healthy capitalism," is advocating for a system where government sets boundaries and steps in to preserve competition. That places it firmly within the spectrum of government-regulated options, not outside or apart from them.

It's tempting to imagine ideal or the worst versions of each option and then claim, "what I want is none of these." Instead, we should look at whether our preferred scenario is actually possible within the real-world range of choices. In this case, "healthy capitalism" is only possible when government is both the referee and the enforcer, so it's a version of the government option, not a separate path.


Government. 100%. It has issues certainly as every organization created by humans does, but corporations already run almost everything and that's why most everything is on fire. And billionaires are just the dumbasses in charge of the aforementioned corporations.


Those are all the same choice


Which part of a nurses shifts would you automate?


I don't know, I'm merely stating what comes down to an economic law. I'm not an expert on healthcare.

However, as it happens I just spent the last weekend accompanying my wife as she was in a hospital. There was actually quite a bit that happened, especially once or l out of the ER and admitted, that I would have felt totally fine if a robot had done it. Half of what the nurses did were things like bringing puke bags, picking up a full puke bags, bringing water, paging the doctor again who wouldn't show up for another 4 hours, explaining how to order food.




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