John K Davis

“Stop thinking small: Supporting those displaced by automation will take a lot more money than what’s being proposed so far.”

There is a rising tide of anxiety and fear that AI and automation in are about to usher in an era of prolonged high unemployment.  We are also in the early stages of a public conversation about how to support everyone who becomes displaced by automation.  Some of these proposals come from Silicon Valley CEOs, some from

“Stop thinking small: Supporting those displaced by automation will take a lot more money than what’s being proposed so far.” Read More »

“A problem that contains its own solution: Where to find enough money to support those who are displaced by automation.”

Let’s imagine a near future in which automation produces intractable unemployment on a massive scale—say, 25% of the potential workforce.  Imagine further that this goes on for a long time, that the usual unemployment benefits are merely temporary, and that we have a social crisis on our hands.  We will need to provide everyone who is displaced

“A problem that contains its own solution: Where to find enough money to support those who are displaced by automation.” Read More »