Correct me if i'm wrong, but automation would mean that prices would drop drastically, and even though low skilled labour will be less important, high skilled labour positions will increase, drastically.

Socialism will have even less chances of becoming a reality at that point ,because there wouldn't be a "worker's class".

That would hold if people were all identical. But the vast majority of people just do not have a high enough IQ to be software engineers, geneticists, etc.

Sure, and they would be the mechanics, and the soldiers

So there will be a growing number of people who have no use. No ability to trade their labor for adequate wage.

or similar jobs that cannot efficiently be replaced by technology

As an example, Google Duplex will easily eliminate a million jobs in the US once it is a mature technology.

Self-driving trucks will eliminate a similar amount.

There really won't be the same number of jobs created by these eliminations.

I men youd end up with the situation with gas pump attendant laws

Isn't it possible that by the time we will have acheived automation, there would be other kinds of expansion?

Like if you automate the majority of call centers and receptionists, that doesn't logically create a new sector to serve those computers.

Space, Extraterrestrial colonialism, etc?

And if the trucks drive themselves, that doesn't necessarily mean that there's a million more mechanic jobs.

More like the jobs of a thousand can be handled by ten.

Is it possible that at some point, we will need a genocide?

I think you have to accept that this is a fundamentally different revolution. We're not replacing human muscle power, we're replacing human intellect.

Its kinda happening in developed natios.

There will be new opportunities though.

People having less kids

Because at some point, the only thing valuable from humans will be Art.

When a generation ago people had like five, now people have one or two.

What you'll find is that things that were not economically feasible before due to labor costs will become feasible once human labor is much less valuable.

Like servants.

That's possible

Nowadays wealthy people have their servants in the form of illegal immigrants because that permits them to end-run around minimum wage laws.

There's also the fact that education costs may drop too, letting more get into design and development fields

But eventually such low-skilled labor will have such little economic worth that everyone will be competing for it. Everyone who can't do something that requires a high IQ at least.

And there are jobs where people want humans for the sake of humans, like in healthcare or education.

Nobody wants to have their arse wiped by a cold metal claw when they're in their 80s in a home somewhere.

Not everyone will be smart enough to innovate.

Thats not something that can be thaught.

^

That is the key fact that so many people refuse to accept.

Not everyone needs to innovate, most people in the fields are the people who make plans possible

For example, I can design a car, but I need other people to help me bring it to reality

Metal sintering.

Here's something interesting
https://www.youtube.com/watch?v=S59JlEdu4bU

Well lets say that theres some things that are impossible to innovate under current circumstances.

Many many things.

I meant automate not innovate