Elon Musk: Automation Will Force Governments to Introduce Universal Basic Income

Mk relayed concerns that autonomo technology will impact jobs, and he noted that we will likely have intelligent, massive-scale automation for transportation relatively soon—within the next few decades, in fact: “Twenty years is a short period of time to have something like 12-15 percent of the workforce be unemployed,” he said, pointing out the extent of how automation will disrupt car-based transportation specifically. However, displacement due to automation isn’t jt limited to transportation, it will sweep across a number of indtries

Source: Elon Musk: Automation Will Force Governments to Introduce Universal Basic Income

Elon Mk, of Tesla Inc At World Government Summit 2017 Dubai

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