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I think it's a consequence of technology but a real challenge for society. I think the right goal is probably to eliminate poverty--conceptually, I like the id
by sama 10y ago
I think it's a consequence of technology but a real challenge for society. I think the right goal is probably to eliminate poverty--conceptually, I like the idea of a guaranteed floor but no ceiling.
I'm very interested in basic income and we're running a large experiment on it. If that doesn't work we have some other ideas.
- ethbro 10y agoOut of curiosity (realizing how early current experiments are) do you expect there to be any correlation between providing basic income and people engaging in entrepreneurial activity? I'd expect the YC volume has to have given you some sense of how much "mouths to feed" affects ability and inclination to jump off the startup cliff in a wingsuit.
- bottled_poe 10y ago> I like the idea of a guaranteed floor but no ceiling Raising that floor seems like it would simply devalue the dollar. I'm not sure how having no ceiling helps the situation.
- Liron 10y agoRaising the floor logically implies redistributing real wealth to the poor from the non-poor, but implies nothing about the value of a dollar.
- bottled_poe 10y agoIt seems to me that prices and wages would rise as a result of raising the floor. The important question is where the money comes from to raise the floor. If it is not from the top end, the gap between rich and poor doesn't change in terms of actual buying power. It may just widen the gap.
- geogra4 10y agoIt doesn't have to be strictly money, but services -- ie a guaranteed level of basic food, housing, education and medical care for all.