What happens when you have self driving cars carrying robots that deliver packages and are completely serviced by other robots who are managed by other robots, there will come a point in time when the market will have to artifically intervene to keep human's relevent from their own demise.
Yes, for them.
When someone is in a position of power why would you expect them to give it away from free, that would go against the ideals of Free market capitalism.
It also ignores the complex pattern in market behaviour that would be involved to even get into that stage, those that invested wouldn't be happy that their investment had no potential reward if it succeeded.
Kindof contradicting yourself here. What happens when the market is flooded with free labor... that free labor would charge for it? It's not free then, which puts people back in the market. If it's free, it's free. If it's not, well... it's not.
One word, Patent.
that one word will ensure it won't work like you say.
Plus humans base their life around desires, it's what makes us do what we do, you take that away what do you have, existence?
Patents encourage growth by protecting some portion of the intellectual investment for 20 years from the date the patent is filed (which is generally 2-3 years before the patent actually issues, and before the product is brought to market). Without Patents companies would resort to trade secrets, which are far messier.
And that brings up the question again, what do we do for money when robots take over?
I doubt the robot owners will be like, here have some money every month since my robot took your job.
Are we going to have to have a robot or crew of robots to make money? Is there going to be a black market for workers, like illegal immigrants?
If anything all this does is make the rich, richer and the poor, poorer.
"Take over" is a bit strange. So far robots in production have increased our standard of living dramatically. They have been a force for raising the minimum standard of living for everyone in the country. The concern is that people can be obviated out of every job. Ok, let's investigate that scenario.
Let's say you have a manufacturing plant that invents an amazing robot system. It builds cars from one end to the other, and is entirely serviced by other robots, who also service themselves. The plant is managed by robotics, it's repaired by robotics, it's maintained by robotics, and the service and maintenance robots are self-sufficient. The plant is also next to a pit of natural resources that robots dig up and use to create everything needed for the cars to be built. One guy owns the entire thing, so that one guy, doing essentially nothing, can roll out car after car with perfect manufacturing precision and place it into the market.
We're all doomed right? I mean car prices would crash, other car manufacturers would go out of business, everyone would have to buy a car from this guy - who'd become filthy rich, and thousands of people would lose their jerbs.
Actually no. This guy is greedy, so he'll charge enough to pull market share from everyone else, but not less than that which would maximize his profit. So if an equivalent car is going for $20k, he might charge $15k. That would move a ton of buyers over to him, but it wouldn't maximize his profit to just floor it to like... $2k per car. As a result, his greed causes the market to shift a little slower than it might otherwise. In addition, he has a limited amount of natural resources, so he can't just pop out cars for $1 each and expect to make money. That wouldn't even cover the electricity costs of his plant.
What effect would this have on Ferrari? None. It might actually increase Ferrari sales because people who buy the $15k car will have $5k leftover to play with. What does this do to the rest of the car market? It puts pressure on other car companies and can crater entire product lines in the vicinity of this plant. An existing manufacturer might restructure their lineup to a different segment of the market.
What effect does this have on the poor? Saves them $5k per car, $5k they no longer have to earn. Standard of living just increased.
Ok, so let's say he dropped the price to $1 per car. Now suddenly everyone can have a car essentially for free. They have to earn $1 for their car. That's far easier than earning 20,000 times that much. It increases disposable income, and still doesn't necessarily touch the high-end car market.
Let's say this happened to all products in all industries. Prices drop to insane lows... say 1/20,000th of what they used to be. So now instead of earning $40,000 per year, you'd need to earn $2 per year to have the equivalent purchasing power. But you couldn't earn any money in just any field. You'd have to generate $2 of value in a field that hadn't been fully automated - like music, art, writing, comedy, teaching - or just the creation of a new exiting thing for people to spend their spare time on like flying in a squirrel suit. Can you spend 2 hours per week teaching people woodworking, people who themselves are also only working 2 hours per week? Can you spend 2 hours per week taking care of children (which is something that cannot be automated)? Can you spend 2 hours per week showing people have to drive fast? Or how to do yoga? Or running a spin class?
Sure, machines can do some of those things, but there are a lot of areas - especially training - where people will be willing to pay for a human touch. Remember, you'll need to earn only $2 to get by in this scenario.
It surprises me that people would be concerned about a utopia where robots provide all labor for free. It would boost everyone's standard of living to the sky.