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To be fair, many people think that technological unemployment is already happening, so basic income would be a good idea even today. Many others disagree and ca
by cousin_it 12y ago
To be fair, many people think that technological unemployment is already happening, so basic income would be a good idea even today. Many others disagree and call it the "luddite fallacy".
Personally, I think technological unemployment is not a fallacy and we'll see much more of it in our lifetimes. For example, self-driving cars might put a 50-year-old truck driver out of a job. What would you advise him to do, retrain as a neurosurgeon? What if by the time he's finished retraining, neurosurgery is also automated? Even if theoretically there was an endless supply of jobs for humans, the job market always takes nonzero time to react. When technological change becomes quicker than that, we're in trouble.