Automation will displace tens of millions of jobs in the next decade, giving rise to the ‘free money’ movement.
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The case for paying every American a dividend on the nation’s wealth - MarketWatch
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Jobs get displaced all the time in the economy. Welcome to economics 101.
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The odds of that working out is not likely; not until unemployment is through the roof.
People do not change their views when things are going well.
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I wouldn't be so sure. There are some, even in the libertarian party, that are already having this conversation.
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As @uvas mentioned, old jobs do get displaced with new jobs. It isn't clear to me that the new jobs created won't outnumber the old jobs that are displaced. It's certainly possible that permanent unemployment will increase. However, I don't see that as a foregone conclusion. That being said, the new jobs that are created will require a high level of specialization and skill, and academia will not be able to keep up. That means that large companies will have to spend way more time and resources to train new hires. It also means that low IQ individuals will have an extremely difficult time finding work, regardless of the number of jobs available. That is a big problem. In any case, a case can be made for a basic income for those who can't find work in the kind of economy that is coming. Another solution might be government labor pools; if you are unemployed, you can report to a government facility to volunteer for work. If no work is a available, you receive the basic daily income. If work is available and you work that day, you receive 2x the basic daily income.
These work tasks might include labor that the local, state, or federal government may require, or it may be contracted to private companies who can contract day labor from that pool for a fixed rate to the government.
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Good article great graphics
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