One of those dystopian facts that makes me feel some kinda way.
With more than 20 billion people at that time (the USA could have 850 million ppl), the only way for people to survive will be through hyper-efficient production processes and equalitarian distribution policies.
It's interesting to read in [1] that one of the founders is working with RightHand Robotics [2] on picking. I wonder if RHH would be another acquisition target for Amazon if they solve that problem.
[0] - https://en.wikipedia.org/wiki/Amazon_Robotics
[1] - https://www.therobotreport.com/kiva-systems-creators-inducte...
There has to be a different reason, we just can't tell what it is.
The upside being lower spending on things like testing eligibility, the downside being that either the cost balloons to about $4-6 trillion a year or you basically just accept that some people are not gonna be able to survive.
Their arguments against unemployment benefits are instructive. I don't think a livable UBI is a possibility in the current US political climate, doubly so since it cannot be sustained by income taxes on a shrunken labor base, necessitating more taxes on robot companies.
I can't help but wonder sometimes if that isn't the point for some people.
A raised minimum wage has the potential to become expensive. Pipe dreams, meanwhile, are free.