The Economics of Automation: What Does Our Machine Future Look Like?: Predicting the Future & The Good

The video explores predictions about the future impact of computers and automation, highlighting three potential outcomes: the good, the bad, and the ugly. The best-case scenario envisions a world where automation frees humans for creative pursuits, supported by a universal basic income. However, challenges such as employment scarcity, investment strategies, and population growth are discussed. The video also addresses the strain on finite resources and the potential for space colonization to alleviate these issues.

In what ways could automation lead to an increase in birth rates?

Discuss the potential impact of automation on resource management and societal value.