I don't see how the rich don't understand this. Guess they just think it won't happen to them and they'll be smart enough to cash out of America and go elsewhere before everyone else looses.
They know. That’s why they’re investing in things like land and building castles. They know the future they’ve designed. They’re already laying the foundation needed to win total power.
Would you rather be a billionaire in a world of millionaires, or a millionaire in a world of penniless peasants? What we're seeing now is the billionaires' answer to this question.
They think the robots will soon be good enough to replace the human workers.
Including the security roles that ensure the unemployed workers don't forcefully express their dismay at being redundant.