Assuming technology job displacement will be more than offset by a volume of new jobs suitable for those humans displaced by said technology ignores current trends. Despite warnings about the demise of "Moore''s Law" over the past decade, recent discoveries in graphene, superconductors, nanotechnology and quantum computing suggest we are on the verge of even greater displacement than what we've seen thus far. We face, at the very least, an economy that increasingly cannot provide jobs that can provide a middle class income for people who cannot or will not work in the uber-STEM jobforce many predict.

If so, we must develop alternatives to relying solely on current market forces and conventional assumptions about how the supply/demand curve for human labour works. Otherwise, we will continue to suffer the consequences of accelerating wealth and income inequality leading to further socio-economic destabilization.

A universal basic income may not be the right answer, but relying on 20th Century solutions to our emerging 21st Century problem will most certainly fail.