If the rate of profit hits zero what will happen? Won’t it just boil down to the richest creating their own segregated societies were human level AI robots produce whatever their rich owners need, why everyone else would continue to live in a new cycle of capitalism that is run by everyone who doesn’t own high-end tech to become a master of an army of robot slaves as well? It seems like the profit rate hitting 0 wouldn’t be the end, it would just start a new cycle.
Corporations just stop existing when RoP reaches 0, Basically, the entire world economy will become unprofitable. You can't have utopian communism with AI robots because you need to mantain it.
>>2786112>You can't have utopian communism with AI robots because you need to mantain it.Which robots will be able to do as well. The rich will split off with their robot industry for themselves and everyone else who doesn’t have this proprietary technology will restart the economy with a more primitive capitalism. Maybe the rich will also actively destroy others’ development of humanoid robots to snuff out competition. Therefore for everyone else the RoP can’t reach 0 since labor doesn’t reach full automation for them.
You misunderstand; the GENERAL rate of profit is aggregated from all capitals (c+v), and so as capital concentrates, the general rate of profit falls, but only in proportion to the particular capitals accounted for. When a corporation sheds profit (which is common), capital re-allocates into smaller ventures which then reset the rate of profit to higher levels (unless there is a depression). The general rate of profit can never reach zero; it iust has a tendency to fall, and when it falls to a certain rate, it rises up again.
>>2786145This is new to me, to be honest.
>>2786152To Marx, surplus value (s) is derived from a combination of constant capital (c) and variable capital (v). More surplus is extracted from more variable capital (measured by labour-time) in proportion to constant capital (measured by costs). So, if a capitalist employs more stock, it requires more labour to make a profit on it. The rate of profit then declines in proportion to the size of capital. There will always be smaller capitals and so there will always be a variable rate of profit, measured against the relative losses of big capital.
Robots in human form are the dumbest shit ever and anyone falling for that shit is legit retarded
>>2786145Full automation of the productive sectors lead to zero profitability.
>>2786184Which is an impossibility.
the souh korean want to tax robots
>>2786175Basically because a robot that is wheeled/tracked/quadrepedal is usually better for the purposes people actually would need a robot for
>>2786202So you’re problem is specifically with bipedal robots or any legs at all I guess
>>2786210I didn't make the post but that's what I heard, legs are unstable and it can easily fall down, etc
>>2786239True that wheels dont work for stairs in the typical design but most robots wouldnt need to go up and down stairs. There's also like triangular wheeled arrangements that can go up stairs (albeit slowly).
Bipedal robots usually just feel like silicon valley pablum, you're left to imagine 'what if it could do everything a person can', but it can't, so it's silly. You know what robot I like? Those automatic fruit/veg pickers, they actually seem to work correctly. I don't believe there's any two legged robots actually in real 'work' at the moment.
>>2786241Wheeled robots, tracked robots and stationary robots will make up the vast majority of robots in usage, and even quadropedel are going to be preferred over bipedal, so you’re right.