Some fear that robots and AI will steal our jobs.
They probably will (in the near-term, at least half of them).
If that happens, what will we do for a living? How will we earn money?
More from Peter Diamandis:
Human Intelligence (HI)
Only Amazon Could Make a Checkout-Free Grocery Store a Reality
In this blog I'll be discussing one of the most important proposed solutions to job loss due to automation: The notion of "Universal Basic Income" (sometimes called guaranteed minimum income).
In specific, I want to discuss:
- Predictions on job loss
- What is Universal Basic Income? Who is experimenting with it?
- Does UBI work? What are the implications?
Let's dive in.