One often sees wringing of hands when the subject of robots is brought up, the most common objection being, what will people do to earn a living? The same complaint one has heard ever since the beginning of the Industrial Evolution.

Let's be very brief:

The complaint is based on the assumption that corporations own the robots, so the average joe will have nothing of value to offer the economy, will earn nothing, so this plays havoc with the economy.

What if, instead, the average joe owns one or more robots? What if people become the agents of their own robots, and earn their living by selling the labor produced by their robot(s)?

For the time being, I'm not putting limits on the design of the robots. To be very simplistic, assume a humanoid machine, that can literally work in our place. But in fact, robots can also be whatever - vending machines, ATMs, GPS-guided lawn mowers, autonomous cars, and so on.

So instead of removing the value offered by the human, the robot does the work for the human, and the owner is paid for that work.

The economics of actually buying the robots is not too unusual. People can buy robots as they buy anything that's relatively expensive today. The difference being, the robot earns its keep, by being paid directly for its labor, while, for example, a car is just an expense, for most people.

In short, the drudgery is taken away from the human worker, but a human individual is still being paid for doing the work.

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