“While emerging technologies can improve the speed, quality, and cost of available goods and services, they may also displace large numbers of workers. This possibility challenges the traditional benefits model of tying health care and retirement savings to jobs. In an economy that employs dramatically fewer workers, we need to think about how to deliver benefits to displaced workers.”
Hallie Siegel’s insight:
New Brookings report on public policy related to the impact of automation on jobs that argues for separating health and pension benefits from FT employment requirements, mandating a basic income guarantee, revamping the earned income tax credit, provisions for lifelong training, incentives for volunteerism and more. Full report here: http://www.brookings.edu/~/media/research/files/papers/2015/10/26-robots-emerging-technologies-public-policy-west/robotwork.pdf