Yep. This is why its important to get people on land and end this mortgage business, and the whole usury business. Fiat disempowers people, and it will definitely cause human extinction, unless we return humanity to humanity. To be fully human is to be fully empowered. A person can own the machines and build better machines forever, but a person with no space to do it or no rights in their space is just an expense that will be cut. Humanity requires property. No property, no humans. Machines are just steps in the process, be that an upward and outward progression or a downward descent into extinction.