Credit
to: Social Europe
Dani Rodrik reminds us, in this article, that robots and machines doing the work need not lead to high unemployment, especially if working hours were reduced. Technological advancements do have the potential to generate social challenges, since the labor market in deeply affected. However, traditionally privately owned technologies could also be public owned, and hence these profits from public funded technologies could return to ordinary citizens as a “social innovation” dividend, a kind of basic income.
Dani Rodrik, “From welfare state to innovation state“, Social Europe, January 15 2015
