Prosperity through AI, but how?

The biggest and fastest transformation of our working world and economy lies ahead of us. And therefore also our society. How people will earn an income in a highly automated working world with AI and robotics is nothing less than the all-important question of our time. Unfortunately, this has not yet reached politicians and businesses.

Click here for the first part: When AI does everything: How will people and companies make a living? (Three scenarios)

In this second part on the question of how AI and robotics will affect the world of work and people’s income, I present a master plan on how we can make the transformation people-friendly and massively improve the quality of life for everyone.

Our economic system with over 90% employees has worked reasonably well so far. It has given almost everyone a better quality of life. But this system cannot survive the very rapid automation of a large proportion of work through AI and robotics. Because most people would then no longer earn an income from traditional work and would no longer be able to buy anything. Our current economic system would collapse.

We must and may rethink work and income! The new economic system must provide people with new types of income. And we must find solutions to finance this.

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