Free Money From the Robots!

by Gary North

Here is a headline: This AI expert says that a robot economy will force us to give people unconditional free money. The article is in Business Insider.

In the future, giving people unconditional free money might be the fairest way to deal with a robot-powered economy.At least, that’s what data scientist and artificial intelligence expert Jeremy Howard believes.

According to Howard, the pool of displaced workers will just keep growing exponentially, and the solution is to level the playing field.

There are lots of articles like this one these days. (Are they being written by commie algorithms?)

I ask these questions:

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