Whilst we all know that modern times are bringing about more machinery to do the jobs that humans once did, and we spend time fascinating over the new, exciting, and often time-saving equipment, we don’t often stop to question what happened to those people who have now been replaced by, essentially, a modern day robot.
During a recent interview with CNBC, Tesla and SpaceX founder Elon Musk said that he believes that the solution to taking care of those workers who have been innovated out of existence by new robots and software, is to create a universal basic income for everyone.
He said, “there’s a pretty good chance we end up with a universal basic income, or something like that, due to automation. I’m not sure what else one would do. That’s what I think would happen.”