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Charles Hughes's avatar

Is this all not just a band-aid to cover the fact that encouraging people to retire at 57 is just crazy. Move the age at which you can retire with a full state pension to 67 and the problem goes away.

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Maher, Peter's avatar

JK - you've made a really good argument for the case of automation - ultimately it will be too economically burdensome for companies to take on human capital. Pay-off the near retirees and do away with "employees" wherever a machine can do a job. The world used to always need "ditch-diggers". Now that they have been/will be displaced, can we reasonably expect to train that segment of a work-force to be programmers/write-code? And then the UBI conversation comes round again...

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