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We need to rethink the structure of our economic system..... to consider instituting a Basic Income Guarantee. ~AI expert Moshe Vardi

Stashed in: Awesome, Self-driving Cars, Robot Jobs, UBI, Artificial Intelligence

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"We need to rethink the very basic structure of our economic system. For example, we may have to consider instituting a Basic Income Guarantee." ~Dr. Moshe Vardi, a computer scientist who has studied automation and artificial intelligence (AI) for more than 30 years

2400 Reddit comments:

"The myth is that all the jobs are going to China. Actually it's mostly because of factory automation. There are already about 260,000 robots at work in U.S. factories, and the annual growth is in the double digits."

If the annual growth is 50% a year it will only take 4 years to pass 1 million U.S. robot factory jobs. 

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