Question: Have you thought about the possibility of technological unemployment, where we develop automated processes that ultimately cause large unemployment by performing jobs faster and/or cheaper than people can perform them?
Hawking: If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality
Stephen Hawking said is true. But this topic same as all skills in this world. Like designing, cooking, drawing, "people skill", developing business and many more professional careers.
"If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared,"
Lets change machines to "smart people"
"If smart people produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if smart people produced weatlh is shared."
We (human) will always need human resources. If someday machine will dominate in this world, and many un-employment family cannot make any profit to make living, the answer is same as Stephen Hawking said. "Wealth Shared"
Keep helping others, although it's just a small help.
Teach other to how make good profit both online or in real life.
The real problem is not all rich people want to share their 'real' ideas. Especially their wealth.