If robots do the work, who has the money to buy what they make?
On The Diary of a CEO, economist Steve Keen and commentator Konstantin Kisin agreed that machine production would not by itself give ordinary people an income — and then disagreed about where that income would come from. Keen argued only government money creation could supply it; Kisin, who says his anti-communist credentials are well established, said redistribution becomes unavoidable once AI does the work.
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