Computers, intelligent machines, and robots seem like the workforce of the future. And as more and more jobs are replaced by technology, people will have less work to do and ultimately will be sustained by payments from the government, predicts Elon Musk, the iconic Silicon Valley futurist who is the founder and CEO of SolarCity, Tesla, and SpaceX.
According to Musk, there really won't be any other options.
"There is a pretty good chance we end up with a universal basic income, or something like that, due to automation," says Musk to CNBC. "Yeah, I am not sure what else one would do. I think that is what would happen."
Without the ability to excel and be rewarded there would be scant productivity and very little innovation.
That's why it will be imperative to redefine what is meant by productivity. If most everything is done by machine, human productivity will not be defined by stuff they make but how they improve themselves. We will need to find ways to keep idle minds and hands busy through physical and mental self improvement.
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Replies
"Today is MINE"
the sum of human history proves that you're wrong
The VAST MAJORITY of innovation in human history was, is and will always be driven by some form of risk reward component.
"Today is MINE"
I agree, unless there is some fundamental shift in the human psyche, it would not work.
Former Mini Mart Magnate
I am just here for my amusement.
If not, how is the government to be funded?
That's why it will be imperative to redefine what is meant by productivity. If most everything is done by machine, human productivity will not be defined by stuff they make but how they improve themselves. We will need to find ways to keep idle minds and hands busy through physical and mental self improvement.
That's some funny stuff right there...
Some jobs yeah but all no.
Do we mourn the loss of the candlestick maker?