As I understand it, the increased productivity resulting from increased automation will reduce the need for human beings to engage in economic drudge work.
That seems entirely reasonable to me.
However, it sounds as if the benefit from the increased productivity is to be taken from the person who produced it, and redistributed to others.
In other words, if I own a factory, and I install some robots to paint the cars, and thus no longer need to hire people to paint cars, the economic benefits from the increased automation are to be used to help provide others with a guaranteed income.
As I understand it, the increased productivity resulting from increased automation will reduce the need for human beings to engage in economic drudge work.
That seems entirely reasonable to me.
However, it sounds as if the benefit from the increased productivity is to be taken from the person who produced it, and redistributed to others.
In other words, if I own a factory, and I install some robots to paint the cars, and thus no longer need to hire people to paint cars, the economic benefits from the increased automation are to be used to help provide others with a guaranteed income.
Is this roughly accurate?