The discussion of basic income has been brought up here before. The article briefly mentions unemployment, but I think that is going to become a major issue in the future. Advances in technology keep cutting down the need for labor.
As automation erodes away at the need for workers, what will we be left with? Certainly, there will always be a need for people that can maintain and innovate our technologies, but why hire people to do the things that machines can do better, faster, and more cost-effectively? I think unemployment is something that is naturally going to increase in the long-term. I don't know if basic income would work or not, but it is worth considering.
As automation erodes away at the need for workers, what will we be left with? Certainly, there will always be a need for people that can maintain and innovate our technologies, but why hire people to do the things that machines can do better, faster, and more cost-effectively? I think unemployment is something that is naturally going to increase in the long-term. I don't know if basic income would work or not, but it is worth considering.