Machines are getting better and better at performing work that was or still is performed by humans. This article starts with Stephen Hawking’s thoughts on the issue, which are that without proper wealth distribution, society will become a distopia in which an elite will have everything and all the rest almost nothing. Conor Lynch argues that, although current social developments show higher and higher inequality, nothing is for certain, which means that current capitalism could give way to a new social paradigm where basic income plays a central role.
Conor Lynch, “Stephen Hawking sobre el futuro del capitalismo, la desigualdad…y la Renta Básica” [“Stephen Hawking on the future of capitalism, inequality…and the basic income”], Sin Permiso magazine, October 26th 2015