So it appears that millions will NOT be able to afford what the robots are producing, because they are out of a job and not producing income. The answer is the living wage, paid by the robots, who don’t need the money. /s or not.
“So it appears that millions will NOT be able to afford what the robots are producing, because they are out of a job and not producing income.”
Advances in technology have never caused net job losses.
What if the robots decide they aren’t getting a fair deal on taxes ;) and refuse to pay.
Manufacturing jobs will largely be replaced by robots and machines. People will have to find other jobs if they can.
Thomas Paine argued for a ubi around two hundred years ago.
Friedman argued for a negative income tax. These are not new ideas.