Yeah… no. Call me skeptic, cynic, hopeless, non-believer, whatever you want, but I don’t think this is how is going to pan out.
With trillions of digital workers and robots entering the economy, a tenfold increase in GDP represents a very conservative estimate of how much full automation could increase economic output. If this modest increase were reflected proportionally in US tax revenues, we could resolve all current Social Security funding shortfalls, lower the retirement age to 18, and increase the average payout to over $150,000 per adult per year.
➝ Via Hacker News.
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