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Once automation actually replaces all the jobs lets rethink things. At that point a BI will be so cheap to provide that few people will have any objection. (Sim
by yummyfajitas 11y ago
Once automation actually replaces all the jobs lets rethink things. At that point a BI will be so cheap to provide that few people will have any objection. (Similarly, a 1900-level BI is already very easy to provide.)
We aren't close to that point yet.
- JoeAltmaier 11y agoWhat is unemployment at right now? If we're not there with automation, we're headed there like a freight train. Meanwhile people without jobs are suffering. Lets fix that right now, with a BI.
- yummyfajitas 11y agoUnemployment is currently 5.5%, i.e. it's a solved problem. If it goes significantly lower the fed will need to raise rates to slow things down. We can also fix the problem of people without jobs by giving people jobs.