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> Prices rise due to increased consumer spending capability, to the point where you have to work again to get above the poverty line. By far this is the easies
by cplusplusfellow 5y ago
> Prices rise due to increased consumer spending capability, to the point where you have to work again to get above the poverty line.
By far this is the easiest to predict, but least likely to be addressed (by the proponents) concern I have with UBI.
A social safety net shouldn’t be a hammock, as it is said. I’m concerned with AI and what happens when it’s pointless to hire people because a $100k robot can do the same work as 3 of them and do so 20 hours a day. By then UBI may be our answer. But it doesn’t seem so now.
- pracer 5y agoTotally agree with this. Otherwise, I don't see UBI solving anything, but creating new problems.