10 MAR 2017 by ideonexus
Rise of the Useless Class
As algorithms push humans out of the job market, wealth and power might become concentrated in the hands of the tiny elite that owns the all-powerful algorithms, creating unprecedented social and political inequality. Alternatively, the algorithms might themselves become the owners. Human law already recognizes intersubjective entities like corporations and nations as “legal persons.” Though Toyota or Argentina has neither a body nor a mind, they are subject to international laws, they ca...Folksonomies: automation universal basic income
Folksonomies: automation universal basic income
20 MAR 2015 by ideonexus