Future proofing against mass unemployment from robotics
Universal Basic Income has been proposed but this would require a fund of about $53 trillion to provide $10,000 per person per year for 300 million people for life. This would also be $3 trillion per year. A redistribution of existing financial aid programs and tax increases might enable it but is political unrealistic.
DARPA is a for researching advanced military technology to ensure that the $700 billion to $1.2 trillion that is spent on the defense of the United States leverages the leading edge of technology and so that the USA is not surprised by new military technology. DARPA has a budget of about $3.5 billion per year. DARPA is considered successful.
The US with federal and state programs spends about $1.2 trillion on aid programs for the poor. There should be a similar to DARPA scale program to develop ground breaking means of providing the services that are needed for the poor and for all people in the USA.
This program could also be viewed as a financial PUT option against the value of most current workers.
Source: http://nextbigfuture.com/2014/10/future-proofing-against-mass.html
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