The problem becomes the banks financing private ownership of the robots. Maybe the populations livelihood shouldn't be a profit center. Or in the case of the modern economy, where consistent profit is failure, an wealth extraction growth center.
The problem becomes the banks financing private ownership of the robots. Maybe the populations livelihood shouldn't be a profit center. Or in the case of the modern economy, where consistent profit is failure, an wealth extraction growth center.
Maybe there is a Star-Trek utopia at the far end, but in the meantime we are looking at potentially several years where me and a chunk of other white-collar workers are unemployable. I'm not sure UBI will be enacted before a large chunk of the general population is unemployable. And how will we fund UBI? Taxing the automators? They can just move their business to a tax haven.
Maybe I can find a job in some sector that's hard to automate, but I imagine a lot of people will be looking for those jobs. And that would probably lead to a pay cut.
So, what then if we want to maintain or even improve our standard of living? Invest in tech stocks? Sure. But we will still need to pick out winners or spread our bets. Will the gains in the stock market be enough to cancel out job loss?
The future you hope for is not less bleak and dystopian than what you try to avoid this way. As always when technology is supposed to bring salvation.
Tech cannot promise anything. That's silly! There are people, on the other hand, that go around and preach their gospel, where technology is placed in the center.