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It seems to me almost inevitable that a time will come when advances in General Artificial Intelligence (AI) make almost all of our jobs redundant. Robots will work faster, longer hours, give better (and more quantifiable) results and with none of the health and safety concerns that employing humans involves in many industries.
For a long time this has been see as a potential utopia, freeing mankind up to enjoy our lives. Yet, at the same time many people (myself included) worry how an economy can function when the vast majority of adults are effectively both unemployed and (in terms of earning a full wage) unemployable. This is what I want to discuss in this video.
This video includes a clip of Bill Gates:
“Bill Gates: the robot that takes your job should pay taxes”