(2017-02-12) The Ai Threat Isnt Skynet Its The End Of The Middle Class

The AI Threat Isn’t Skynet. It’s the End of the Middle Class. Andrew McAfee pointed to newly collected data that shows a sharp decline in middle class job creation since the 1980s.

That threat has many thinkers entertaining the idea of a universal basic income. But McAfee believes this would only make the problem worse, because it would eliminate the incentive for entrepreneurship and other activity that could create new jobs as the old ones fade away.