If one makes the extreme assumption that all work will be done by machines, - who is going to be able to buy their services? So there is something missing in all the talk of automation taking over all the work.
niversal Basic Income Is Neither Universal Nor Basic - Bloomberg
Seiko, Swatch, and the Swiss Watch Industry (with Aled Maclean-Jones)
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How did an industry survive a technology that should have made it obsolete? Aled
Maclean-Jones explains to EconTalk’s Russ Roberts how Japanese quartz
wa...
43 minutes ago
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