In Marxist theory, capitalists create profit by extracting what’s called surplus value from workers—paying them less than what their time is worth and gaining the difference as profit after the commodity has been sold at market price, arrived at by metrics abstracted from the act of labour itself. So what happens when humans aren’t the ones working anymore? Curiously, Marx finds himself among the contemporary robotic utopianists in this regard.
Once robots take over society’s productive forces, people will have more free time than ever before, which will “redound to the benefit of emancipated labour, and is the condition of its emancipation,” Marx wrote. Humans, once freed from the bonds of soul-crushing capitalist labour, will develop new means of social thought and cooperation outside of the wage relation that frames most of our interactions under capitalism. In short, Marx claimed that automation would bring about the end of capitalism
"Fears that automation and machine learning will cause massive job losses and make people obsolete are starting to wane (well, unless you ask Stephen Hawking). Instead, there's a more optimistic prediction taking hold: that the new technology could actually lead to job gains. But the transition won't be easy."
