Is this the future of the economy?

Reddit r/singularity News

Summary

The article speculates on a future economy where AI and robots handle all physical and mental tasks, allowing humans to become owners of production factors rather than laborers, while still generating income.

With things becoming increasingly automated, what's to stop robots and AI from outperforming humans on practically all physical and mental tasks? At that point, we wouldn't need each other anymore for anything, technology does all the work for us. So we don't have to physically do the jobs anymore, we can outsource it to technology, sell it or lease it to others for an income. Why wouldn't this be the economy of the future that we naturally transition to? Where instead of ourselves being the factors of production we are more like the owners and sell the factors of production? It seems totally plausible and feasible, while still making people incomes.
Original Article

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