And when outsourcing happens, you tax the fuck out of that business transaction, and with the proceeds pay your unemployed laborers a livable minimum income. You think Chinese labor is cheap for no reason? There are tons of gov't subsidies, from straight up handouts to nonexistant labor laws (which are a form of subsidy to big business at the expense of workers, a reverse tax).
The same should apply to automation. The inordinate inequality of wealth which is bound to happen with automation should be alleviated through heavy taxation. Or if tax is too dirty a word, ownership of such dual capital/labor should be partly socialized--i.e. newly created AI/robot companies must put up a % of their shares to the public who receive equal amounts.
The same should apply to automation. The inordinate inequality of wealth which is bound to happen with automation should be alleviated through heavy taxation. Or if tax is too dirty a word, ownership of such dual capital/labor should be partly socialized--i.e. newly created AI/robot companies must put up a % of their shares to the public who receive equal amounts.