That's the main problem. This next wave of tech will obliterate so many jobs that some kind of UBI will be a necessity for the average person to survive. I've heard productivity will increase so much with AI/robotics that companies could set aside a small portion of their profits towards setting up a fund for universal basic income. Then UBI brings with it an entire new set of questions like, without work what will give people purpose? But then if you think about it, it's kind of crazy that we attach so much of our identities and self-worth to our work. I'm just afraid not enough people are thinking about this stuff right now.
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I have been thinking of it for a long time. It's why I have so many side hustles on the go, get that residual and passive income streams set up!
Happy Sunday :)
Thanks and happy (belated) Sunday to you! The economy is such that side hustles are imperative here in America for most people, even if they have a good paying full-time job. People will have to get very creative during the transitionary period until some kind of social safety net is set up. Here in the US that could be a mighty long time.
That safety net could take a while in many places, UK included. Have a great July.
Thanks, same to you!