Of course, I am aware that this kind of economic development would not be feasible in the near future. However, I still believe it to have a bit of potential.
With the rise of A.I. people have been primarily worried about jobs. It is not a potential counter argument to say that A.I. will not affect the workforce because it will. Maybe not now, but in the next 5 years? It could very well be a thing. I was thinking about potential applications to this and I thought of an interesting option. What if each citizen is given an A.I. who works a job, and the income made by that A.I could be given to that citizen.
There could be benefits of providing a basic income to those who may not be able to work or need the added income, stimulating economic growth through the extreme boost in productivity, reduced labor costs, and of course higher job satisfaction.
Of course there are many drawbacks too, how would the A.I. be assigned in a way where the income obtained is divided equally and fairly, those who do not have access to technology are at a disadvantage, and just a ton of ethical concerns all around.
Just wanted to throw this idea out there and see what you guys had to add.