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The only possible answer to the upcoming AI revolution and its destruction of jobs is a universal basic income (UBI) to ensure that everyone maintains today’s middle class economic standards. All current welfare programs and Social Security will be ended and those benefits replaced by UBI.

The second critical action will be to provide every household (even single persons) with a an AI equipped robot. People would no longer have to do daily housework, shopping or childcare and would effectively live like billionaires on their UBI.

Those who manage to have jobs can keep their individual incomes. Society’s production of goods by Ai robots will provide more than enough for all.

The money to pay for this will come from the sale of goods produced by AI run factories and delivered by robotic planes, trains and trucks. All companies will be highly profitable with virtually zero labor or management costs so they will be able to make high profits for investors while also paying the high taxes needed to finance UBI. The loss of jobs and income is going to happen with or without UBI but without that innovation society will collapse from revolution by the unemployed. It’s past time to begin serious planning for this eventuality.

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