Part 14/16:
A potential solution could be a universal basic income (UBI) to fix the income problem. But the meaning challenge is harder - the UBI wouldn't address the fact that people may not derive meaning from work if machines can do it better and cheaper.
There don't seem to be any super appealing, easy solutions. Our best bet is a gradual transition that gives us time to devise solutions for the income distribution problem, like a "seed UBI" that can automatically ramp up if significant job displacement occurs. But the challenge of maintaining meaning and purpose in an AI-powered world remains a difficult one.
Gus: What are the implications of increasing market concentration in the AI industry, and how might regulation help address the risks?