The worrying thing is how intelligent people spend their time devising financial instruments. It's beyond automation: too much financial sector trickery is capital that generates CAPITAL all by itself: this makes automation look inefficient. In that case, anyone that doesn't already have the most capital is also redundant and cut off, even if they're all set up with automation.
I'm not too worried about that kind, because, while it is wasteful, it is also self-defeating in the long term - it's the kind of capital that is only capital through collective make-believe of our society. Take that away, and it turns into a bunch of useless and meaningless papers overnight. Not so with automation - it represents real capital, the kind that produces surplus value because it can supply the things for which any living being has a demand of.
Missed this at the time, apologies: the trouble is, capital IS only capital through the collective make-believe of our society. That's fundamental to the concept of abstracted money. Automation makes for a hell of a good barter system—you can basically give people golems in exchange for whatever you like, it can be extraordinarily valuable. But we're not talking about barter systems, we're talking about speculative capital, which is even more make-believe than fiat capital.
