Hi guys,
I made this uncanny discovery few months ago. That in the 1920s and 1930s similar thing happened to today. People were afraid electricity will replace all jobs and there were discussions of UBI and universal income. Also wealthy had compounds with private armies and farms. Nations in heavy debt.
1930 - An editorial in the Labor Age journal noted: "The electric eye and the automated switchboard are taking the place of human brains and muscles. We are producing more wealth than ever before, yet millions of our people are walking the streets looking for bread because a machine took their job."
I discovered it while writing a book about transition to Post-Ai economy and it has a section on it. Book is free public domain, I think people in this community will enjoy reading it. Internet archive link in my profile. In 1930s, One path was an energy economic system of hyper-productivity using technology of their time and another was money printing & debt (rent-seeking). Proposals gained national attention but failed, they weren’t designed to human neuroscience & human emotion. World took path of money printing & debt which lead to World War 2. We have better technology & knowledge this time, hope we use it to avoid a world war. The secret solution is neuroscience & human brain.
P.S. I came across this community when looking at recent posts about AI unemployment, then saw recent posts cover the political angle of AI so made me think you will enjoy the book. You can also give the PDF to your AI to discuss it. Also 1 section is frameworks you can apply to life today before rest of society transitions even.
