Credible projections now forecast that 40 percent of all jobs in the United States today could be eliminated by 2030, just 13 years from now, have led futurists, labor market analysts, and leading CEOs to ask what will become of all the workers soon to be displaced by technology, and whether industrialized democratic societies, seeking stability in such a radically reshaped economic environment, might benefit from some orderly redistribution of wealth. And leading the charge are two of America’s most prominent titans of the digital age.

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In a commencement address to graduates at Harvard University last month, Facebook founder Mark Zuckerberg said the coming wave of automation and displacement will require “a new social contract” between the government and the governed. “We should have a society that measures progress not by economic metrics like GDP but by how many of us have a role we find meaningful,” Zuckerberg said. “We should explore ideas like universal basic income to give everyone a cushion to try new things.”

And Tesla CEO Elon Musk has twice in recent months spoken out in favor of the concept of direct unconditional cash payments from the government to all citizens, regardless of work status. “There will be fewer and fewer jobs that a robot cannot do better,” Musk told the World Government Summit in Dubai in February. “These are not things I wish will happen; these are things I think probably will happen…What to do about mass unemployment? This is going to be a massive social challenge. And I think ultimately we will have to have some kind of universal basic income. I don’t think we’re going to have a choice.”

Sourced through Scoop.it from: www.foxnews.com