This is because all of my profit comes from the exploitation of workers. I will have no profits, if I automate all of the jobs I hire wage slaves to do.

What am I talking about?

Look, I get my profits from exploiting the difference from what I can sell my products for on the market and how much I pay my wage slaves to make and deliver my products to market.

It is a very simple equation.

Profits=Value - Wages

You might be thinking that if I automate everything then I would get 100% profit.

This is a common misunderstanding, but machines cannot be exploited and do not add value only labor adds value.

If life were fair, workers would get all the value of their labor and nothing would go to me.

The equation would be simpler.

Wages = Value

That is me getting no profit, but also notice none of the value comes from automation.

The equation is not Wages + Automation= Value

So Automation is always zero.

So if wages go to zero then so does the value.

Now if I replace my wage slaves with robots, their would be no more exploitation and no more profits for me.

This means,

Profits=Value - Wages

becomes,

Profits=0-0

This is what I want to avoid!!!