John Aziz -TheWeek.com

John Aziz -TheWeek.com

SUMMARY: According to this article, “We are at the beginning of a tidal wave of new economic innovation and growth that will change the way we think about the economy forever.” The author concludes, “But on a rising tide of growth, it will be possible to redistribute wealth from richer to poorer, if the political will to do so exists. In fact, high levels of job displacement will probably make it necessary to do so, perhaps through the implementation of a universal income program, where the government taxes the owners of the robots, and pays each citizen a guaranteed basic income.” John Aziz is the economics and business correspondent at TheWeek.com. He is also an associate editor at Pieria.co.uk, and his work has appeared on Business Insider, Zero Hedge, and Noahpinion.

John Aziz, “Prepare yourselves for the robot economy revolution.TheWeek.com, June 2, 2014.

-Louis K. Meisel Gallery, Inc./CORBIS, via TheWeek.com

-Louis K. Meisel Gallery, Inc./CORBIS, via TheWeek.com