Sharing an interesting article today on automation and its impact on human labor from Scott Santens. Not sure I agree with the conclusion — decoupling income from work and implementing some form of technology dividend or universal basic income would require a foundational change in the American zeitgeist, and that’s not going to happen without a revolution.
Of course, if we hit something like 25% unemployment that uprising could very well come, but since revolutions by their nature are not to be trusted I’d prefer a less drastic response to the robots as they continue their march to replace human workers. Significantly changing the work week, shortening hours while keeping wages at or preferably higher than their current rates, won’t be easy — it would likely require several presidential cycles — but I can at least imagine the possibility.
Could a universal basic income be implemented in the United States? Sure, but you could also serve steak to vegans for dinner. They might eat if they’re hungry enough, but the meal certainly won’t sit well with them.