"Is Guaranteed Basic Income the Solution to Robots Taking Our Jobs?" https://mises.org/wire/guaranteed-basic-income-solution-robots-taking-our-jobs https://mis

"Is Guaranteed Basic Income the Solution to Robots Taking Our Jobs?" https://mises.org/wire/guaranteed-basic-income-solution-robots-taking-our-jobs https://mises.org/wire/guaranteed-basic-income-solution-robo... >The UBI advocates are correct that some jobs are replaced when capital goods do the work that was done by labor. Robots are a capital good. If the same amount of output can be produced by a mix of more robots and fewer people, an industry will not offer as much employment as before. Does it follow that when one industry uses fewer workers there is no need for their services anywhere else? How would the advocates of this view explain the enormous growth in the labor force since the Industrial Revolution two centuries ago—a period characterized by increasing capital intensity?