Saturday, November 23, 2013

Bill Still Report #130 -- American Basic Income

 Due to Technological Unemployment I see two things that may have to happen in the long term:
1-Basic Income
2-Continuously lowering lowering work hours until automation makes most jobs completely obsolete.

Considering that technology is advancing at an exponential rate this may have to happen in the next 20-30 years as we approach the Singularity.


Some books worth checking out:
-"Lights in the Tunnel" by Martin Ford (free online)
-"The End of Work" by Jeremy Rifkin(free online)
-"Robots Will Steal Your Job But That's OK" by Federico Pistono(See Fed's TED Talk)
-"Race Against the Machine" by Andrew McAfee and Erik Brynjolfson(see Andrew McAfee's two TED Talks)

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