Comment by Robert Reich

For most of the last 40 years, the jobs and wages of blue-collar Americans were eroded by globalization and computer software, and most of the benefits from productivity gains went to the richest 10 percent. AI is now putting the jobs of millions of white-collar Americans on the line. If nothing is done, most of the benefits from productivity gains will go to the richest 0.1 percent. [...] a Universal Basic Income, for example, or wealth taxes financing child care, elder care, and universal health care. Unverified source (2026)