The overhyped fantasy of basic income vs. robots - AEI
Interesting. "Maybe the real policy priority should be making sure that workers can do more of what robots can’t and a dynamic economy produces a never-ending supply of new jobs for the robots to try and steal. “Journalists and expert commentators overstate the extent of machine substitution for human labor and ignore the strong complementarities that increase productivity, raise earnings, and augment demand for skilled labor,” economist David Autor says. Maybe we should race with the machines as opposed to against them, in the metaphor of MIT’s Eric Brynjolfsson and Andrew McAfee."
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