A world without work is coming – it could be utopia or it could be hell 

Preparing for a world without work means grappling with the roles work plays in society, and finding potential substitutes. First and foremost, we rely on work to distribute purchasing power: to give us the dough to buy our bread. Eventually, in our distant Star Trek future, we might get rid of money and prices altogether, as soaring productivity allows society to provide people with all they need at near-zero cost.

Source: A world without work is coming – it could be utopia or it could be hell | Ryan Avent | Opinion | The Guardian

Basic income is not just about today’s poor, but tomorrow’s (robot induced) unemployed too.

Another quote / link on basic income, this one from FiveThirtyEight. A long article, worth the read. It’s not just about today’s poor, but tomorrow’s (robot induced) unemployed too.

Increasingly, technologists envision basic income as a “hack,” or fix, to the system — it offers a way of coping with an economic future dominated by automation, a fallback plan for when most human labor isn’t valued or needed.

“We think there could be a possibility where 95 percent — or a vast majority — of people won’t be able to contribute to the workforce,” said Matt Krisiloff, the manager of Y Combinator’s basic income project. “We need to start preparing for that transformation.”

What would happen if we just gave people money?