Automation will continue to increase productivity and minimize employment, but the U.S. will NEVER see anything like a basic income.

Automation will continue to increase productivity and minimize employment, but the U.S. will NEVER see anything like a basic income.

Frankly, I think we’re going to be caught between the worst of both worlds between increasing automation and decreasing jobs.

I’d bet that by the 2040’s or 50’s, most Western countries like Canada, Denmark (and maybe the U.K.) will offer some kind of basic income that covers a basic cost of living, but it will never happen in the U.S.

Before anyone says it, no, we can’t just expect people to "go into STEM" and past a certain point, you can’t further specialize or "get more credentials." These people are just toast, and will be expected to "tough it out." Maybe […]

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