Frey

 

SUMMARY: Carl Benedikt Frey has written extensively about job loss due to technological advances. He finishes this piece by concluding that we need to create an environment that encourages more entrepreneurial risk taking: and that a basic income would help by softening the economic blow of failure while boosting spending and combating inequality.

 

Carl Benedikt Frey, “How to Prevent the End of Economic GrowthScientific American. December 16, 2014.