Those who control this new world would do better to go with Basic Income. Sure it's socialism but when you control most of the world's wealth it's really just control. Promise them a a place to live, food to eat, minor work to do and let them drink or do drugs while you and your robots prepare for the next step. Immortality and moving out into the universe. It's either that or eliminate a large portion of the earth's population because they will be unable to have basic resources and will become a source of unrest. Placate the beast and put it to sleep. Robotics and technology will be the wall between the have and the have nots.Tenacity said:100% true. I even laugh at how a lot of folks on the right blame the current job/employment structure all on Obama's policies, without looking at the changing structure of the economy.
A lot of the new jobs being created are on the lower pay scale, because that's the state of the economy today. But the divide is going to get much bigger between the HAVES and the HAVE NOTS as the HAVES are likely going to be the people that are making and controlling the Robots to produce production, while the HAVE NOTS are going to be the people that the Robots are going to replace.
I'm in Professional Sales but it's not just in our industry, just about every industry with a consulting/service function has the Account Reps, Managers, etc. all using sophisticated/new age technology (robots) that automate a lot of routine tasks and perform those tasks on their own. We just watch over those robots/technologies and make sure everything is going smooth.
So the question is, where do those people go? On welfare? Rely more on the Government? The Government is broke.
It's why I seriously don't understand why people don't consider these things, they are just going about their day, smoking their "weed", making kids they can't afford, and doing other DUMB financial decisions thinking that Daddy Obama will bail them out of everything.
The next ten years (2016 - 2026) is about to be the start of the massive Robot and Globalization take-over. If you think you have Wealth Inequality right now, you haven't seen nothing yet.
https://en.wikipedia.org/wiki/Basic_income