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Play this through to its logical conclusions. If 50% of the jobs are eliminated through automation, who will buy things? You may still have a software engineeri
by gklotz 12y ago
Play this through to its logical conclusions. If 50% of the jobs are eliminated through automation, who will buy things? You may still have a software engineering job creating new automation technology, but who will it be sold to?
If there is 60% unemployment, who will buy those machine picked strawberries, iPads, or the products in Google ads? If this keeps going, big companies like Apple and Google will be the biggest proponents of basic income. Their other option is to go bankrupt.