The Next Idea

When robots take more and more jobs, how will humans get paid?


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The Next Idea What if governments just gave money to people? That’s the big question that Thomas Weisskopf ​, professor emeritus of economics at the University of Michigan, is asking. Since automation is replacing human-powered labor in fields like manufacturing, robust employment may be a thing of the past. A permanent surplus of labor has massive consequences, driving down wages and even contributing to social unrest. According to Weisskopf, such a dramatic problem demands a dramatic solution.
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The Next IdeaBy Mark Brush