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Your imagination is being limited by our current (though rapidly changing) model, which is humans are required for the production of goods and services. Basic
by billmalarky 10y ago
Your imagination is being limited by our current (though rapidly changing) model, which is humans are required for the production of goods and services.
Basic income will allow capitalism as we know it (that is, end users making consumption choices, not an organization making choices for the end user) to continue in a society where production is completely automated.
Supply is automated, but how does the system know what to produce? Well dollars are basically votes for production and basic income is enfranchisement in such a society.
Most importantly, basic income provides a mechanism that can work during the harsh transition from "some highly skilled humans are still needed for production while the majority of people are no longer needed" to "zero humans are needed."