Automated Economy Explained: Mechanics of a Basic Income

Automated Economy Explained: Mechanics of a Basic Income

In 122 BC, Gaius Gracchusinitiated a policy that would later be known as"Bread and Circuses.

" Roman landowners had slowly but surely replaced their workers with cheap slavesfrom the colonies.

This resulted in high unemployment ofthe Roman population.As the empire found itself in a situation where production flourished butthe population suffered, they introduced a policy offree grain and entertainment, which led to new stability.Replace landowners with shareholders and slaves with robots, and you will see where we are headed.You, my friend, probably love your job.It gives you status in society, an answer to the favorite small-talk question, "What do you do?" […]

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