The Economics of Automation: What Does Our Machine Future Look Like?: The Bad & The Ugly

The transcript discusses potential future scenarios in a post-automation world. It explores the concept of universal basic income and the division between the wealthy and the rest of society. The rich may live in luxury but face societal issues. In some countries, a lack of universal basic income could lead to economic hardship and population decline. The transcript questions the value of human labor in a fully automated economy and the potential consequences for society.

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