2 ms·
There is an argument that automation, and the fact that increasingly the goods we desire are digital, means that the marginal reproduction costs of many goods a
by confounded 10y ago
There is an argument that automation, and the fact that increasingly the goods we desire are digital, means that the marginal reproduction costs of many goods are trending towards zero (with obvious exceptions, like housing).
Without effective regulation, this puts all the power in the hands of naturally monopolistic distribution platforms.
For example, the only reason why an infinitely reproducible MP3 costs $0.99 is because Apple's lawyers say it does, Facebook get to decide the cost in digital-autonomy for you to speak to your aunt.
Over the last few years this seems to have drifted from academic-Marxian/airport-business-book/TED lore to a motivation for seriously exploring policies like UBI (including by Y Combinator).