Comments by "Paul Aiello" (@paul1979uk2000) on "Universal Basic Income (UBI) - Life After Automation" video.

  1. I think some form of Universal Basic Income will likely have to happen, if we look at how things are going with robotics and A.I., they will with time be able to do more or less every job we can do and do it better and for less, which begs the question, why would a business employ a human that smells, begs for pay rises, wants holidays and holiday pay, wants workers rights and countless other things. I suspect they will get rid of humans the first chance they can. Now I know some people will say that if there are no jobs, how are consumers going to have the money to buy products from these companies, I suspect over the next 100 years or less, labour will be so cheap that it's more or less free, energy sources are likely going to go the same way and as for raw materials, recycling is likely going to become big and if that isn't enough, space mining and if you put all 3 together, they could more or less give us most things for free as there is little to no cost involved and I know it's not that simple but you have to wonder how the system we live in today will cope with the onslaught from robotics and A.I. and with that, I suspect a lot of big changes will need to happen at government level and on the social system we live in. The funny thing is, I was just thinking to myself the other day and asked myself, would I be willing to work for free and contribute to society and I said yes if I felt the system looked after me and I have to wonder how many others would think the same way.
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