Far more efficient than welfare state

http://www.nytimes.com/2014/12/07/upshot/how-technology-could-help-fight-income-inequality.html?

"For example, while computers have improved our lives in many ways, they haven’t yet done much to make health care and education cheaper. Over the next few decades, however, that may well change: We can easily imagine medical diagnosis by online artificial intelligence, greater use of online competitive procurement for health care services, more transparency in pricing and thus more competition, and much cheaper online education for many students, to cite just a few possibilities. In such a world, many wage gains would come from new and cheaper services, rather than from being able to cut a better deal with the boss at work."

http://www.amazon.com/Average-Is-Over-Powering-Stagnation/dp/0525953736