> Certainly, the world's economy would have collapsed when cars came and the horse and buggy creators lost their jobs, the printing press forced manual copiers out of business, automatic telephone switches made operators lose their job, etc.
Transportation advances caused great economic difficulties from 1870-1890 [1]
What happens if the hits keep coming as technological innovation accelerates and new mass employment industries are not created?
> I honestly do feel bad for the people that lose their job when new tech comes around, but why should I be forced to subsidize an outdated way of life?
I would say a basic minimum income would be investing in defense against violent revolutions. At some point people will just revolt if they are starved or even lack upward mobility.
> Plus, it isn't like new tech kills jobs overnight; the writing is on the wall, and in the case of driverless cars and MOOCs, the transition will probably take at least a decade.
There are long ramp up times for retraining and educating people. And I don't think education is going to be enough.
I think the most radical and unpalatable truth is that a huge segment of humans are just not going to be intelligent enough to provide value in the coming robot and machine intelligence run economy.
Our brains and memories could be so much greater, and we should engineer ourselves with all deliberate speed.
Humans have to upgrade themselves before they are obsolete.
[1] http://en.wikipedia.org/wiki/The_Great_Deflation