
AI Cannot Be Slowed Down - With Ramy Taraboulsi And Kirk Spano
Investing Experts
The Impact of Legislation on Unemployment Rates
People will be more productive, so we'll not need as much work from people. The only solution around it to maintain a very low unemployment rate is to legislate less than five days a week. I think that's happening without laws. It's happening in certain countries as a matter of fact, right now as you're speaking. But their check is playing with four day weeks. And I think it might even drop to three day week. So this income has to be supplemented. How will they circumvent it? Is it a welfare system or maybe it's guaranteed basic income? I don't know. Maybe fund it will be the solution for the deflation. Do quantitative eat.
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