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You can make the case for this as a simplification of social welfare, but btw hey - it's also a cure for the coming AI jobs apocalypse! Giving everyone 10k a y
by dpweb 10y ago
You can make the case for this as a simplification of social welfare, but btw hey - it's also a cure for the coming AI jobs apocalypse! Giving everyone 10k a year isn't going to help a worker replaced by robots. 10k doesn't get you far as an annual income. BI doesn't solve the jobs crisis.
You could view it, as subsidizing corporations to decrease wages. Taxpayers paying what the corporations don't have to. So it won't be surprising to see Basic income touted not just by the liberal crowd, but by the Wall St Journal's and corporate interests.
- mac01021 10y agoWhy won't 10k per year help a worker replaced by robots? 1> It's definitely enough for a single person to live comfortably on, though perhaps not in the house they lived in before getting lain-off. (I agree children can be a small problem and the proposal from the article does not consider them. But if you're not working and don't need to pay for professional childcare then the cost of a child per year is only a few thousand for food.) 2> It's 10k per year plus whatever you can earn. If you don't have that pesky minimum wage restricting job openings to only those tasks that the customer base values at >$12/hr, then you can rake in a good amount of money performing tasks that people don't value quite so much.