Automation will take jobs whether the minimum wage is $15/hr or $1, and in the next 10 years this will happen at an unprecented rate. Does capitalism have a solution for this? I don't think so.
I want to see automation heavily taxed. Then that money should be used to pay for a universal basic income and other social services. We should all benefit from automation! It's stupid that we might allow it to hurt us.
#automation #capitalism #socialism #ubi #BasicIncome