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The trouble with all that is that we don't think about an alternative to "corporation extract the maximum economic value they can" (a.k.a profit). One hope is
by nico_h 10y ago
The trouble with all that is that we don't think about an alternative to "corporation extract the maximum economic value they can" (a.k.a profit).
One hope is that with sufficient automation and competition, the marginal cost on providing a diagnostic or other services might fall to close enough to 0 to be free. The value provided to society would be very high. The profits might be astronomical?
I agree that UBI or something like it is a necessity, but I'd rather live in a Star Trek "all needs provided for without currency exchange or social stigma" society rather than 5 trillionnaire families and 9 billions peoples surviving/mooching on UBI.
Increased automation has a high chance to be very expensive, in the "printer cartridge" kind of way. Cheap "robot". Expensive maintenance and consumables.
I wish you're right, and that corporations will not go full "Bacigalupi" and patent everything from the plant we are allowed to grow to the brand of electrons we're allowed to put in our robots.