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That 0.2% is just to get things off the ground and see whether the idea works. Successful ventures just raise money on the normal stock exchange. Put another w
by smallnamespace 10y ago
That 0.2% is just to get things off the ground and see whether the idea works. Successful ventures just raise money on the normal stock exchange.
Put another way, should we be spending, 5%, or 10% of world GDP annually on risky ventures that probably won't work? Are there really that many untried ideas that need that level of funding?
- lifeisstillgood 10y agoput it this way, Universal Basic Income is supposed to free humanity up to perform those innovative tasks we always mean tondo but cannot due to the drudgery of work I naively assume that if we all have tenure, we will see a third of humanities time on art, a third on science and a third on "new businesses". Plus a third on sex... So mentally I am asking if we were free to choose, why is the delta between 2/3 and 0.2% so huge.