Humans Need Not Apply (Video about the inevitability of automation)
Posted Nov 8, 2016, 4:17 PM UTC
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One of those videos that's worth watching in the context of UBI.
I believe a UBI is as inevitable as mass job destruction through automation. The question is how soon.
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Quality matters too.
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The UK population was estimated to be 65.11 million in 2015. The number of people who are economically active is 33.467 million which is 51.4% of the population and the number of people who are full time time employees is 19.743 million which is 30.3% of the population.
Yes, you read that right. Only 30% of the population are full time employees.
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Employment rate is those in employment as a percentage of the working age population. So yes, there are a lot of people not working, but most of them are retirees. Of the people actually of working age we have a higher proportion in work than in the past.
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The past what? Day? Year? Decade? Century? Millennium?
It doesn't matter why people are not working, what matters is that they're no longer required to work. Also, of those that are working, a large proportion of them are doing so part-time.
Given the technologies that are set to be introduced over the next couple of decades, the number of people in full time employment is going to decrease significantly. The only real solution to this is UBI and it will need to be implemented relatively soon.
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I think automation will only be a problem if we allow to only benefit the wealthy and not the ordinary man on the street If we manage it correctly it can be good for society As always it comes down to a problem with free markets and greed rather than a problem with the technology