Quote from logic_man:
I've been coming around to the conclusion that the endgame is going to be something like the owners of the robots being forced to provide a guaranteed annual income to the masses of labor-sellers who can't sell their labor in a world where robots are massively more capable than the average worker. The alternative is going to be 50% unemployment rates. 50% of people will still lack work, but they will not lack income, at least at some minimal level.
Although I am in principle against this, the dynamics of modern society do seem to favor this outcome.
However, I think that capital owners, i.e. the people who own all the robots, will push back and demand some concessions in return for providing this income. I think that one of the biggest concessions they will demand is that if you are taking the income, you can't reproduce or you will get additional income for not reproducing, which will be the opposite of what used to happen under the old welfare entitlement. Fortunately, the experience learning from that can be applied to designing any new system.
Put simply, there isn't enough work to go around, at least not at the skill levels that exist among large segments of the population. If you've got an IQ less than 120, you will, from this day forward, be under constant pressure from robots replacing your labor with their capital. People with 150 IQs in robotics labs are designing a world where people with lower IQs than that are basically unnecessary.