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ExtraFun4319 t1_iuj390m wrote

That is one hell of an extreme position to take, considering that the US unemployment rate today is 3.5% and while technology has made significant amounts of progress the past few years, especially in AI, technology today is still nowhere near capable of performing the entirety of a large chunk of the workforce's jobs and thus creating the need for UBI; fully replacing an employee's complete set of tasks is a much higher bar than merely augmenting the employee.

And that's not even taking into consideration that mass adoption of new technology takes a good while and in many cases has to go through legal hurdles before being adopted at all.

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Ezekiel_W t1_iuj5rgz wrote

I do a lot of research into these topics and this is a guestimation based on what I currently know about the state of automation as a whole. I also prefer the U-6 unemployment numbers as they give a more complete picture.

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ExtraFun4319 t1_iujlz0m wrote

Do you mind providing me a few links to sources that you've found while doing research that support your guesstimation, if you can and don't mind?

And why do you prefer the u-6 numbers, if you don't mind me asking?

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Ezekiel_W t1_iujuzbm wrote

The U-3 is flawed for many reasons and here is an article explaining some of them https://www.forbes.com/sites/greatspeculations/2012/10/16/why-jack-welch-has-a-point-about-unemployment-numbers/?sh=7708646b6554

As far as automation goes, I don't keep a treasure trove of links to articles or sources that I have gleaned info from. I can tell you that most of the companies that are automating are doing so quickly and quietly much like what Mcdonalds is doing with their drive through AI.

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