Billionaire Warns About Robots

Johann Rupert, the South African who has made billions peddling Cartier jewelry and Chloe fashion, said tension between the rich and poor is set to escalate as robots and artificial intelligence fuel mass unemployment.

“We cannot have 0.1 percent of 0.1 percent taking all the spoils,” said Rupert, who has a fortune worth $7.5 billion, according to data compiled by Bloomberg. “It’s unfair and it is not sustainable.”

http://www.bloomberg.com/news/articles/2015-06-08/billionaire-cartier-owner-sees-wealth-gap-fueling-social-unrest

There are two things here you can count on:

• Most of the 0.1 percent of the 0.1 percent do not care that this is "unfair"; and
• The only sustainability they care about is the ability to maintain and grow their wealth and power.

These two givens suggest that the 0.1 percent of the 0.1 percent eventually will cull the herd, using disease, war, death, and famine, assisted by the armies of robots they are creating to replace us. It's the only logical solution to their dilemma.