Recent advancements in artificial intelligence and robotics have
commentators worrying about the coming obsolescence of the human worker.
Some in Silicon Valley are even calling for a basic minimum income
provided by the government for everyone, under the assumption that work
will become scarce. But many economists are skeptical of these claims,
because the notion that the the economy offers a fixed amount of work
has been debunked time and time again over the centuries and current
economic data show no signs of a productivity boom. Fortunately, we
don't need to divine the future of the labor market in order to prepare
for it.
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