What the robots are doing to the middle class
By Paul Buchheit
Posted December 12, 2016
We will need a guaranteed income, ideally through guaranteed jobs, with the implementation of a financial transaction tax, and with a commitment to alternative energy infrastructure development.
The simplistic response to the impact of artificial intelligence (AI) on employment is that we’ve experienced this before, during the Industrial Revolution and beyond, and that the “market” will eventually provide plenty of jobs. The reality is that tens of millions of Americans will have to accept food service and retail and personal care jobs that don’t pay a living wage. More…