5 ms·

>> If you combine that with the decreased motivation of people to work (resulting in lower supply) You won't get lower supply because of the automation, becaus

>> If you combine that with the decreased motivation of people to work (resulting in lower supply) You won't get lower supply because of the automation, because that's the reason you are giving basic income in the first place. John no longer needs to drive it's truck, the truck is gonna drive itself.

tomp 10y ago
Then (presumably) costs will fall, stuff will get cheaper (free-ish?), UBI won't be needed.
- nickez 10y ago
  Unless the owner of the truck keeps whatever he paid the driver..
  - tomp 10y ago
    Competition?
- stale2002 10y ago
  Giving people money is redistribution. We are spending less money on yachts and more money on food. The Yacht factories get torn down, and replaced with food factories.