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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]NY Times Business section has an article about how robots are going to blow out accounting, medical, and legal jobs. One question though, robots don't buy groceries, clothes, or cars. How does the economy operate with millions of high paying positions going away? Executives of course will always get their money. Hope they like living in gated communities with armed guards.[/quote]

That is why the idea of minimum income have strong support from technology companies.[/quote]

Universal basic income. Must be combined with government regulations on prices or else it wouldn't matter if you're guaranteed $1000 a week but a carton of milk costs $1500. But what really needs to happen is a global move away from capitalism to an economic system that makes sense when most labor is done by robots. Not going to happen on an individual country level -- would have to be the biggest project the UN (or a new UN-like body with actual enforcement power) ever took on. [/quote]

Whatever you’re on, you’ve probably had enough. [/quote]

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