Pyreneenguy
Member
- Joined
- 29 May 2011
- Messages
- 327
There has been a lot of debate on this one, there are probably two approaches. One is that there will still be jobs to do - people like value added human interaction. The other is that you tax automated productivity instead of work, and you move towards the likes of Universal Basic Income.
The move towards some form of Universal Basic Income is -probably- inevitable. The big problem will be escaping from it's grasp. People born into the system will have little or no hope of ever bettering their situation which could result in dramatic consequences. What will be the point in educating people to a high level if their talents and skills are unneeded ? Those in highly paid jobs and those that possess capital , will, like today pay obscene amounts to educate their offspring in elitist private / Public schools, the 'old boys network' will do the rest.