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The automation doomers assume that when jobs are eliminated by automation in one place, that the number of jobs are permanently gone. For this to be true, there would have to be no growth in the need for labor elsewhere.
Original Article: "Is Guaranteed Basic Income the Solution to Robots Taking Our Jobs?"
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
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Robert Blumen is a software engineer and podcast editor. Send him email.