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Tuesday, September 5, 2017

Our envision for the future is going to be materialized.

https://sg.finance.yahoo.com/news/fear-robots-taking-jobs-spurs-040550775.html

More countries are considering an universal basic income in their societal structures for the foreseeable future because of displaced workers.

Our Envision:

http://sg-stock.blogspot.sg/2016/12/the-new-economy-and-radical-social.html

We did mention in our article that people would receive state assistance for subsistence in the new world and this universal basic income system is akin to the state assistance for subsistence.

This upcoming industrial revolution will destroy more jobs than it creates.  Therefore, displaced workers will no longer be able to find jobs in this new world.

http://sg-stock.blogspot.sg/2017/05/artificial-intelligence-will-destroy.html

Are we prepared for this new societal development in Singapore?

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