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Posted
5 hours ago, orangecity23 said:

I'd agree with that. Automation coming hand in hand with things such as Universal Basic Income could be a gamechanger. We will have to be careful about what happens during the transition though - if the profits from Automation end up with multi-national giant companies with a penchant for avoiding taxes globally, then countries may struggle to implement the necessary changes in the short term. It will be difficult for the ideas to break through the orthodox thinking though, everything over the last 30 years or so has been geared towards focussing on making people do more work rather than less, hence the increasing state pension age, certain Goverment MPs and captains of commerce whining about "needing people back in the office" because they hate the idea of people working from home where they can't be pointlessly micro managed all the time, or perhaps the idea that companies might get rid of the very expensively rented city centre office buildings that their landlord pals leach their living off of. That Fuller quote is bang on.

 

That is true, it could go horribly Pete Tong, in fact, the odds might be in favour of that rather than the good outcome. But it does need to be done.

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