Advanced closed-loop automation refers to sophisticated industrial systems capable of self-repair, maintenance and even self-assembly that need almost no human interaction to operate, apart from top level guidance. These systems will magnify our capability for production allowing to create as much of anything that is needed while making efficient use of natural resources and releasing people from mindless labour.
These systems are based on technologies and knowledge that we already possess. No fictional concepts or unattainable artifical intelligence are required. We have the ability today to create systems that provide for everyone's basic needs and far beyond, while minimising our impact on the environment.
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