Alan Watts was overzealous in his basic income prediction – but he wasn't wrong

A guaranteed basic income is an old solution to a new problem of labor automation.

Image: Big Think
  • Economist Robert Theobald coined the team 'basic living guarantee' in the 1960s.
  • He believed that we were going to suffer problems because of an overabundance of resources.
  • Philosopher Alan Watts spoke about the possibility of an economic utopia through a universal basic income.
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What it's like to shop at Amazon Go's futuristic convenience store

Amazon has opened a new store in Seattle, one that may represent the future of what the retail giant is calling 'Just Walk Out' shopping. 

Scan in with the app, and you can just grab and walk out.

Today is the big day. The first Amazon Go store has opened to the public in Seattle, and the future of shopping may change forever. While we all love the convenience of having the products of the world shipped right to our door, this store is Amazon's attempt to branch out and sell us those goods that we would rather pick up off the shelf like sandwiches, drinks, and cupcakes.

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Here's when machines will take your job, as predicted by A.I. gurus

An MIT study predicts when artificial intelligence will take over for humans in different occupations.

Photo credit: YOSHIKAZU TSUNO / AFP / Getty Images

While technology develops at exponential speed, transforming how we go about our everyday tasks and extending our lives, it also offers much to worry about. In particular, many top minds think that automation will cost humans their employment, with up to 47% of all jobs gone in the next 25 years. And chances are, this number could be even higher and the massive job loss will come earlier.

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Bill Gates: the Robot Taking Your Job Should Pay Taxes

Bill Gates proposes an ingenious solution to the job losses from the coming automation.

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Google's AI Learns Betrayal and "Aggressive" Actions Pay Off

Google's DeepMind artificial intelligence learns what it takes to win, making human-like choices in competitive situations.

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