Question
Technology is one driver of increased economic productivity, explain and graph the unintended consequences of automation and increased technology. Universal Basic Income is becoming a
Technology is one driver of increased economic productivity, explain and graph the unintended consequences of automation and increased technology. Universal Basic Income is becoming a topic of discussion, as technology replaces many traditional jobs.
Do you agree or disagree with the concept of Universal Basic Income? When a company decides to automate, should they consider only the Accounting Profit/Costs of the Business, or should the company consider total Economic Costs, such as increased unemployment? Should the government subsidize companies not to automate to keep employment?
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