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You could only use it to help fund UBI, unless UBI is significantly less than minimum wage. If the price of buying the robot and running it plus automation tax
by Stupulous 6y ago
You could only use it to help fund UBI, unless UBI is significantly less than minimum wage. If the price of buying the robot and running it plus automation tax exceeds what you would spend on employing people at minimum wage, businesses would just keep employing people.
- chc 6y agoThat sounds like a win-win scenario. In cases where robots can do things so efficiently that no human could compete when the minimum wage is a living wage, robots will can do the jobs and anyone who could only have done that job will be OK. In cases where it's cheaper to pay people a living wage than to have robots do it, people can work for a living wage.
- aidenn0 6y agoThat ignores productivity gains. When automation makes things cheaper, it lowers the living wage.