Being in the computing world we take deflation for granted. Things get cheaper and better, year after year and in a non-linear fashion. No one argues that thing

Being in the computing world we take deflation for granted. Things get cheaper and better, year after year and in a non-linear fashion. No one argues that things would be way better in 2016 if everyone had to pay $26,000 for 1980s era 8086s. In the short term putting a floor on incomes is going to hurt a lot of people. Increasing minimum wage can be viewed as a way to make it illegal to hire humans over robots. I don't know current prices, but a Knightscope robot was supposed to work out at or below minimum wage. Low interest rates are a double blow because you can finance a six figure robot at a very attractive rate. In the West I see policies being driven by inflation targets along with an attempt to build a high-income well educated workforce (this is the really, really nice way of saying things.) I see only the briefest hints of this outlook changing. There are going to be transition periods. Everything I have read doesn't do a good job at this. Policies in stage one could be very destructive at stage two, and vice versa. The demographics of the human population also must be strongly considered. A lot of countries have inverted pyramids. The current standard of living will not be sustainable without either a lot of immigration or mass scale automation. The long term goals should, #1 be humans surviving as a species and #2 having an extremely high standard of sustainable living. Neither is remotely guaranteed.