What can governments do when jobs run out?

What can governments do when jobs run out?

As automation makes more jobs redundant, policymakers cannot put off discussing universal basic income as an option. (Shutterstock image) Martin Ford writes in the Rise of the Robots: Technology and the Threat of a Jobless Future that around 47% of total employment in the US, around 64 million jobs, have the potential to be automated perhaps within a decade or two. Europe is already facing a crisis of jobs. Youth unemployment in Italy stands around 36% while it is nearly 44% in Spain. Thanks to offshoring and automation, we are seeing a polarisation in the labour market that is […]

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