Great post Vincent, I agree with it for the most part.
Entrepreneurship is a great way to avoid being made redundant, but I think you'd agree most people don't have this mindset.
The crux of the whole UBI argument comes down to this:
Do you have any employees besides the coders? Cleaning staff, delivery drivers, receptionists? Do you honestly think that they could be trained to higher positions within your company?
As hardworking as they may be, I simply don't think they'll be able to cope with this retraining. Not without significant growing pains.
Entrepreneurship is a great way to avoid being made redundant, but I think you'd agree most people don't have this mindset.
The crux of the whole UBI argument comes down to this:
Quote:Quote:I would argue that these 'sophisticated' menial jobs will be moved out of immediate reach for those same workers, at least without significant retraining. I agree that some, if not most, will learn from necessity, but the time spent retraining is time without income. 40% of Americans have less than $1000 in savings.
There will always be blue collar and so-called menial jobs available, but they will be more sophisticated than the menial jobs of the past is all.
Do you have any employees besides the coders? Cleaning staff, delivery drivers, receptionists? Do you honestly think that they could be trained to higher positions within your company?
As hardworking as they may be, I simply don't think they'll be able to cope with this retraining. Not without significant growing pains.