Thursday, July 24, 2014

The jobless future; then what?

http://www.washingtonpost.com/blogs/innovations/wp/2014/07/21/were-heading-into-a-jobless-future-no-matter-what-the-government-does/?wpisrc=nl_wonk

"The only solution that I see is a shrinking work week. We may perhaps be working for 10 to 20 hours a week instead of the 40 for which we do today. And with the prices of necessities and of what we today consider luxury goods dropping exponentially, we may not need the entire population to be working. There is surely a possibility for social unrest because of this; but we could also create the utopian future we have long dreamed of, with a large part of humanity focused on creativity and enlightenment.
Regardless, at best we have another 10 to 15 years in which there is a role for humans. The number of available jobs will actually increase in the U.S. and Europe before it decreases. China is out of time because it has a manufacturing-based economy, and those jobs are already disappearing."

I'm starting to lean toward the idea of a guaranteed minimum income for everybody.

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