Artificial Intelligence Provides Time for an Increase in the Quality of a Happy Family Life

Abstract

This paper states and indicates that because of unemployment and reduction of working hours due to
Artificial Intelligence (AI) spare time thus generated can be spent with family to bond and make very
strong family ties with children, parents & grandparents. However, losses of income will be
compensated with adequate Minimum Income Guarantees (MIG) which governments or developed
countries, and who use AI more than other countries, are contemplating and in many cases a MIG is
being distributed. No child or parent should feel inferior due to under par materialistic possessions in
the social network of each family. Loss of income plays a major part in disrupting cordial and loving
family lifestyles and as AI disrupts income levels so should MIGs replace lost income levels. This will
negate all negative, mental, physical, social, and civil issues. Capitalism should be generous, especially
when certain capitalistic economic blocks enjoy a sustainable monopoly in their domestic currency,
globally. “Compassionate capitalism” as Dr. Narayanmurthy of INFOSYS fame puts it.