Monday, October 30, 2023

automation affecting employment

a human needs technology like a car to work as a delivery driver 
a human needs technology like a computer to work as a office worker 
and in the future a human with it's own company will need technology like a group of humanoid robots to do various construction jobs 
or a fleet of autonomous vehicles to do transport jobs 
and so on 
what could change is that more humans will have their own companies with autonomous technologies used as tools 
instead of humans working as hired personel 

work reducing technologies have historically always improved lives of humans 

companies that fully replaced all their human employees 
with ai and robotics would make extremely much money 
so that even if the taxes were miniscule 
there would still be lots of tax money collected 
that could pay for welfare or more likely universal basic income 
to humans 
until those humans had enough money to invest in stocks of companies and could live of dividends of those stocks 
and if humans lost all their money through incompetent investing, 
then they would receive universal basic income again 

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