I was browsing the interweb this week and had stumbled upon this very interesting tweet from a multi-billionaire Mark Cuban:
Automation is going to cause unemployment and we need to prepare for it. https://t.co/YEp5txG9aP
— Mark Cuban (@mcuban) February 20, 2017
This had really made me think about what will happen in the future (when robots are mostly in charge of production of goods and not humans.) What will happen to unemployment? Will people just reclass to different jobs or will they be completely unemployable and not beneficial to the society that we are living in. Mr. Cuban had also brought up a very interesting point, that the robots that are producing should be taxed on how much they are making. That is saying that we should be taxing the capital that is producing for us. What do you think about the statement that he had made, and how will this affect our future economy?