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> You mean for the machine's labour - progressively more and more as more and more is automated How do you propose to finance UBI? All proposals that I've seen
by caskstrength 5y ago
> You mean for the machine's labour - progressively more and more as more and more is automated
How do you propose to finance UBI? All proposals that I've seen assume middle class to pay (for example, "everyone pays percentage of their income and then everyone gets fixed amount of money at the end of the period"), not nebulous machine-automation overlords.
> A concept missed by most is that the buying power of "$1,000"/month grows exponentially as more and more gets automated.
I don't observe housing getting exponentially cheaper "as more and more gets automated". In fact, I believe landlords would capture non-trivial amount of any potential UBI program.