If Robots and AI Steal Our Jobs, a Universal Basic Income Could Help

By Peter Diamandis – Some fear that robots and AI will steal our jobs.

They probably will (in the near-term, at least half of them).

If that happens, what will we do for a living? How will we earn money?

In 2013, Dr. Carl Benedikt Frey of the Oxford Martin School estimated that 47 percent of jobs in the US are “at risk” of being automated in the next 20 years.

The concept is called technological unemployment, and most careers, from factory workers and farmers to doctors and lawyers, are likely to be impacted. The impact will likely be even more severe in the developing world.

The expected implications of technological unemployment vary widely.

Can governments react quickly enough, given the pace of innovation and automation in tech? Is it actually a solution to technological unemployment? Or will we still have to go through a turbulent, violent period as we redistribute our labor in a world of robots and AI? more> https://goo.gl/hzsrqE

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One response to “If Robots and AI Steal Our Jobs, a Universal Basic Income Could Help

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