Some posit that given what they assume to be an inevitable loss of the majority of jobs to robotics/AI at some point, a basic guaranteed income is going to be e

Some posit that given what they assume to be an inevitable loss of the majority of jobs to robotics/AI at some point, a basic guaranteed income is going to be essential to ensure continued consumption and growth. Paul Krugman wrote an opinion piece with his thoughts on this earlier this year[1]. As one commentator noted on the piece: If the fight is between capital and labour, and capital is winning, it seems subsidies in the form of some basic type of income may be called upon. As Krugman notes, the issue relates to the fact that it is now jobs on all fronts that are being jeopardised. Highly skilled, unskilled not to mention the professions most suited to little grey matter. The new inequality we are seeing has little to do with how well educated you are. It’s hard to penetrate beyond the barrier on education alone. The new inequality is about capital owners and non-capital owners. An alternative of course, is the continued rise of "bullshit jobs" that was highlighted in a post a few weeks ago.[2] [1] http://www.nytimes.com/2013/06/14/opinion/krugman-sympathy-for-the-luddites.html?_r=0 http://www.nytimes.com/2013/06/14/opinion/krugman-sympathy-f... [2] https://news.ycombinator.com/item?id=6236478 https://news.ycombinator.com/item?id=6236478