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Just a quick note on sama's question on reducing the cost of living. One aspect that comes to mind and I think that this is key in significantly reducing the co
by BjoernKW 11y ago
Just a quick note on sama's question on reducing the cost of living. One aspect that comes to mind and I think that this is key in significantly reducing the cost of living for urban populations:
Reducing or at best completely doing away with the necessity for people to travel to a place of work (both commuting and one-off business trips), i.e. solving the problem of cultural aversion to remote work that still is prevalent in most work environments, particularly - of all things - in Silicon Valley startups. Why is it that the world's brightest minds apparently still haven't solved the problem of physical location? Why do I have to be in a tremendously expensive location like San Francisco if I want to start a Silicon Valley kind of startup?
Solving the problem of commuting / requirement of being at a physical location at a particular time potentially could free up so many resources for both people and companies (which wouldn't have to pay office rent in an expensive area of town anymore) that funding a basic income would be cinch.