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Bill Gates says a 3-day work week where 'machines can make all the food and stuff' isn't a bad idea
(www.businessinsider.com)
This is a most excellent place for technology news and articles.
Companies would automate and save on employees, making people poor. Automation only makes sense if basic universal income is applied
The “””end goal””” would be people working half the time, earning half the money, and stuff costing half as much to make and half as much to purchase.
The issue is we have to force them to translate the manufacturing cost decrease in a price decrease, or it’s never going to happen.
A reduction in work hours is also a step forward until UBI is instated. If I make the same amount doing 4 or even 3 days of work in a week, while automation does the rest, that works for me. The idea is that people need to work less and make the same if not more. UBI or a reduction in work hours are both good paths forward. UBI being the ultimate goal.
If people are that poor they will just deautomate the machines in protest until UBI happens.
People don’t have that kind of power. Especially poor people.
A person doesn't, but people certainly do. And a small number can do a surprising amount if they're coordinated enough.
The companies will decide the level of automation
But who will be able to purchase what the machines make?