Art work courtesy of Renegadetribune.com The specter of automation haunts the US ruling elite just as much as it haunts workers, albeit for different reasons. Working people are perpetually worried that one day their job will no longer exist. Jobs are automating at a rapid pace, with nearly forty percent of all labor in the US at risk of being replaced with robotic technology by 2030 . Capital owners and investors are worried about the trend. Automation’s downward pressure on wages places the capitalist system at risk of collapse. The concept of a Universal Basic Income (UBI) has been […]
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