In Japan, the robot isn't coming for your job; it's filling the one nobody wants
In Japan, the robot isn't coming for your job; it's filling the one nobody wants
The job no one wants?
Grunting out 2.6 babies before you’re 35.
Who’s paying for your nursing home?
Tax the robot’s income?
Will your demographic replacements vote for that?
> Who’s paying for your nursing home
Japanese financial institutions massive capital positions across Asia, the US, and Europe which tend to be public-private ventures.
> Tax the robot’s income
Pretty much, in the sense that corporations and the Japanese government have spent decades working together to build a sovereign wealth model comparable to Singapore and the UAE's.
This is something that really needs to be done in the states imo.
IIRC we don't have a sovereign wealth fund, but we should in order to provide a social safety net for our citizens, especially with all the uncertainties regarding the future right now.