AI and robotics will eliminate many of today’s jobs for humans. To prevent the economy and society from collapsing, we will have to help people earn an income without them working in the traditional sense. But how on earth are we going to finance this?
In the third part of my series of articles, I will give you my answer to this crucial question about the future in the form of a master plan.
- Part 1: When AI does everything: How will people and companies make a living? (Three scenarios)
- Part 2: Prosperity through AI, but how? How do people earn their income?
In this third part, I present the master plan for financing in detail. It is a space of possibilities. A menu of solutions. Some are effective quickly, such as the basic income as a negative income tax, some only in the long term, such as building up ownership of productive assets for as many people as possible.
