
Who is responsible for the welfare of those who cannot find work as they have been displaced by AI?
A big question on my mind going into this project is if a substantial number of people get laid off due to AI what if any fail-safe will be available to those people, some of which may have had spent thousands of dollars on education to obtain the knowledge for the position that is being replaced?
I was able to find this interesting article written by Pedro Nicolaci da Costa for Business Insider that covered several possible options for workers who have been displaced by AI.
In the article da Costa suggests the idea of a "Universal Basic Income" (da Costa). This method would see that "...every citizen, regardless of employment or income, receives a periodic check from the government, enough to survive on, but nothing to write home about." (da Costa).
But where could the money for this income come from, da Costa floats the idea that companies could be required to pay a "...tax on robots." (da Costa) This is a very intriguing idea as it would negate some of the cost benefits that corporations could achieve by firing employees to save money. Then the money that is paid could then be distributed to the unemployed.
However, what seems to be glossed over is how a tax like this could be enforced in the manufacturing climate of today's society. We already have trouble with corporations not paying taxes by moving to manufacture offshore or other companies that are domestic using tax break incentives to operate without paying regular taxes.
So while the premise of taxing machines seems good, I don't see how it could be possible.