As Robots and Artificial Intelligence take more and more jobs away from humans, people will struggle increasingly more to find jobs in the future. Per 100 workers, there are 4.78 Robots in Korea, 3.14 in Japan, 2.92 in Germany, 1.64 in USA, and 0.36 in China; and 5 workers being replaced by 5 Robots means 5% rise in unemployment rate.
Universal Basic Income, The Answer to Automation?
http://futurism.com/images/universal-basic-income-answer-automation/?src=home
As nearly no jobs are not at risk to automation in the future, the idea of Universal Basic Income seems to be a good one, eventually anyway. What do you think?
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Below are links to some of the news articles about machines (Robots) displacing humans at the work place:
“Bill Gross: What to Do After the Robots Take Our Jobs
Get ready for driverless trucks, universal basic income, and less independent central banks”
http://blogs.wsj.com/moneybeat/2016/05/04/bill-gross-what-to-do-after-the-robots-take-our-jobs/
We Are All Zero Hedge: “The financial industry is hardly the only industry where the value of workers’ human capital is under threat. A 2013 study by Oxford professors Carl Frey and Michael Osborne concluded that 47 percent of U.S. jobs were at risk of automation. …” http://www.bloomberg.com/view/articles/2016-05-02/we-are-all-zero-hedge-not-just-wall-streeters
eBay boosts its big-data brain with Expertmaker buy [Sweden-based Expertmaker is a 10-year-old software firm specializing in artificial intelligence and machine learning to help organize and analyze huge sets of data.]: http://www.cnet.com/news/ebay-boosts-its-big-data-brain-with-expertmaker-buy/
Profile of AI assistant Viv, which sources say has received bids from Google and Facebook: https://www.washingtonpost.com/news/the-switch/wp/2016/05/04/siris-creators-say-theyve-made-something-better-that-will-take-care-of-everything-for-you/