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Tech giants are predicting widespread, permanent unemployment. Jobs that currently pay something like $20k to maybe $50k are supposed to be replaced with basic income paying more like $10k. If large swaths of the population are going to take a de facto pay cut over jobs that in some places are already considered poverty wages AND then they have little or no hope of securing paid income to supplement their UBI, this sounds like a terrible nightmare to me.

I would much rather people be working on new ways to spread the work around while improving quality of life for the masses. You know, the policy they pursued during the last Industrial Revolution when automation was threatening to eliminate jobs.



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