The economy, technology and the future of work

I was discussing the economy with The Atheist and asked how how it was actually measured. He said:

Quote:

Originally Posted by The Atheist (Post 13274685) The official measures are GDP and unemployment, and they're both going to get a lot worse before they get better.

I was wondering because I think the measurement for the economy needs to change and be more based on how we're all doing, not just rich people playing the share market.

This is all partly related to another thread on funding Universal Basic Income:
"UBI - If robots are taking jobs, their wages can be given to us"

http://www.internationalskeptics.com...d.php?t=345683

I replied to The Atheist:

Quote:

Originally Posted by Orphia Nay (Post 13274699) I'd like to know how automated production of goods and services affects "the economy", and if "the economy" is ever going to change its definition because of technology making human employees less necessary.

Quote:

Originally Posted by The Atheist (Post 13274728) That's probably a subject for a new thread, and I have plenty to say on the subject, so fire away!

And so, this thread.

Has the measurement for the economy changed in history, and will it change for the greater good?

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