2008 crisis predictor Roubini warns AI will displace many workers
Nouriel Roubini, the famous economist known for correctly predicting the 2008 financial meltdown, stated that artificial intelligence and robotics are likely to take over a large portion of jobs in the coming 20 to 30 years. He anticipates that yearly GDP growth might hit close to 10% by the year 2050. Furthermore, he suggested that nations might eventually require universal basic income or a system of ex-ante redistribution, which he described as a type of socialism.
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