“Some say robots will take 75% of all jobs. But that is only a problem if the average person who has a job is unable to purchase his own robot when the time comes and lease its services to a corporation, or put it to work directly. The robot will work around the clock and send its “paycheck” to your bank account. In effect, humans will become investors while robots become labor.”
“One can imagine that for every human taxpayer there might someday be fifty humans living off the government. […] In the future, people who have actual jobs might be a rarity. And one business-owner with a fleet of robots might earn so much money that supporting a million unemployed people doesn’t feel like a burden. I can imagine business taxes approaching 95% and no one complaining because the remaining 5% is more than Exxon’s total earnings today.”
“For example, when robots start doing all of the medical research, the speed of discoveries will increase a hundredfold. Robots will simply try every idea until someday there is a cheap pill that keeps your body young and healthy. The government will get out of the healthcare field when the cost of medical services becomes trivial, and I think robots will get us there.”