The digitalization and the associated transformation of work might lead to a large number of people being out of job by mid-century, says Tesla CEO Elon Musk. The consequence being the adoption of a universal basic income that is paid whether or not someone has a job. The advancement of robot automation in basically any sector has made several leading figures ask what will happen if the current structure of the economy becomes outdated. Barack Obama being among them also indicated that a universal basic income could be an option.
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