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originally posted by: Neith
Lets say this really takes place and robots take over 75% of all jobs.
Those who haven't a job, will be forced to reinvent themselves and create products the 'robotic industry' can't. Personalized products, things you can't buy from a store will become the new Vogue thing to do.
If people invest the money they're given, wisely, they'll come up with something. People are inventive, they will always come up with an idea no one's heard of or if changed enough will appear new. People in the future may even rebel against the Industry and bring it to it's knees.
originally posted by: carewemust
July 30, 2017
This idea is gaining steam once again...
""Tesla (TSLA) CEO Elon Musk and Facebook (FB) CEO Mark Zuckerberg are among those who say universal basic income, or UBI, is a good idea. With inequality widening, the idea of an unconditional, periodic cash payment that the government makes to everyone has suddenly become a hot topic.
The idea is whether a person is unemployed or wealthy, a $1,000 monthly government check could replace all current welfare programs, including Social Security.
"I think it would theoretically be superior to the existing social welfare system," Michael Tanner, senior fellow at the Cato Institute, told CNBC's "On The Money" in an interview. "It would be more efficient. It would be more humane and it would be a lot less.. "
Full Article: www.msn.com... &ocid=spartanntp
originally posted by: muSSang
Now with UBI who pays for that?
if no ones working how can we purchase or pay taxes?
Now this is why machines will NEVER replace people.