Further advancements in AI and automations will make more and more jobs obsolete. Therefore, we will end up with high unemployment, low pay jobs, and fierce competition for decreasing number of available positions. The owners of businesses will mostly benefit from the automation. It would be a good solution to introduce convenient life long education and universal basic income. Since businesses benefited most from the progress it is reasonable to tax them in order to pay for social policies.
I am afraid, as soon as we tax businesses more they will move to the countries with low taxes, that are less social towards their citizens. The automation actually can make that move fast and not expensive.
In the end, it will be win for companies and loss for the citizens of both countries.
Is such scenario realistic? What can we do to counter it?