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RE: Will Machine Learning and AI Force Us to Rethink Mainstream Economic Theory?

in #life8 years ago

I have thought about this too. What do we do when the unemployment rate hits 90%? It is wise to consider alternatives before we hit that point. I think the idea of a Guarenteed Basic Income makes sense. We pay people a basic living allowance and then they are free to become entrepreneurs or just go shopping and fuel the robo economy. It's easy today to just shout at poor people Get A JOB!!! But the days are coming when machines will have all the jobs. What do we do then???