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The world economy will crash if we don't have universal basic income in the future as simply put the owners of robots will need humans to buy the products and s
by xbmcuser 10y ago
The world economy will crash if we don't have universal basic income in the future as simply put the owners of robots will need humans to buy the products and services produced. Socialist economies will prosper and with current barriers coming up on world trade etc. Purely capitalistic economies will be hurt the most as with ai and robots capital will accelerate towards the few. In the end the many wont have anything to give to the few.
This is just hypothetical I think long before that you will see huge social unrest and civil war a smidgen of which you are seeing in the US and is one of the main reason Trump got elected. Sadly he is someone that will accelerate this instead of stopping it