Despite all the cat calls he is getting, Ken Fisher is correct on this. The goal should be to eliminate working for a wage through technological innovation that increases productivity, eliminating repetitive work, rather than to create more of it because of some moral norm that says everyone needs to work to earn their keep, Genesis 3:19 notwithstanding. This is going to take a revision in the basic structure of the cultural paradigm. The faster we get to it, the better of we will be.
Of course, this means revising how we think about distributed prosperity. Clearly, wage income cannot remain paramount in such a system. This implies a rethinking of economics as it stands and the introduction of new economic paradigm along with the new cultural paradigm, and the development of new institutional arrangements to support it. Humanity is now in a position to begin contemplating this transition.
The Huffington Post
Ken Fisher, Billionaire Forbes Writer, Attempts To Argue That The U.S. Needs Fewer Jobs