If jobs are “lost” because robots are doing more work, why is it a problem that the population is aging and there are fewer in “working age”? Shouldn’t the two effects sort of cancel each other out?
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Because capitalism ensures that your value is tied to your ability to work and the work available. Unless UBI is passed, those robots will fill the available jobs, leaving the jobs that the elderly normally do (service jobs typically) without work. Now they’ve got no income because there’s no chance UBI comes to be in our lifetime and those that own the bots keep profiting.
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