Basic income after automation? That’s not how capitalism works!
The claim: Robotics will lead to mass unemployment. The reality: Productivity will grow, but not idle or leisure time.
The claim: Robotics will lead to mass unemployment. The reality: Productivity will grow, but not idle or leisure time.
If President Trump really wants to restore America’s manufacturing might he should invest heavily in AI, the internet of things and other emerging technologies that are changing the world.
A Universal Basic Income is essentially free money for everyone, no strings attached. And it could be the perfect response to rising unemployment due to automation.
In a world where robots work better than humans, how will we cope? We need to rethink our jobs-based economy.
Touring a college in person may be out of the question for a while due to COVID-19. Can virtual reality tours fill the void?
The Industrial Revolution led to centuries of social and economic upheaval. Are economists telling us not to worry about workplace automation because things will be better in a couple hundred years?
A Brave New World of worklessness and a universal wage is attracting advocates across the political spectrum.
The rise of superstar companies that dominate their industries may be partly to blame for the lack of wage growth in the US in recent years. It could also suggest a solution.
Behavioral economists have revolutionized the standard view of human nature. No longer are people presumed to be purely selfish, only acting in their own interest. Hundreds of experiments appear to show…
The UK’s biggest industry is poised to lose a big chunk of its (human) workers.