RE: Doug Casey and I Destroying Commies On Universal Income

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Doug Casey and I Destroying Commies On Universal Income

in money •  7 years ago 

So when peoples jobs start getting replaced and they can't find new ones what are they going to do?

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Getting a different one or study in order to get another kind of job or create a new kind of job which doesn't exist already

It's not about the jobs it's about wealth. People wont need jobs anymore because they'll have robots doing the jobs and providing the income. Whether the robots are businesses owned by each family and the shares are widely dispersed or the robots are all owned by the state and the dividends paid to all.

javirid- I think you may be underestimating the future of AI. I recommend reading Life 3.0 by Max Tegmark. Great commentary on a variety of scenarios on how AI may play out