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Only way UBI can work is if you tax automation at the same rate you would pay people to do the job at which point there is hardly any incentive to automate. Bes
by throwthrowuknow 4y ago
Only way UBI can work is if you tax automation at the same rate you would pay people to do the job at which point there is hardly any incentive to automate. Best case is putting the automation in the hands of the people so they can compete. Distribute the means of production.
- mewpmewp2 4y agoYes, have to think about how to tax exactly. Other way would be to slowly increase business taxes for everyone instead of only the ones who automate, to incentivise everyone to automate or perish. How would you put automation in the hands of the people?
- throwthrowuknow 4y agoWe’re on our way. 3D printers, insanely cheap power tools, even CNCs are steadily decreasing in price while at the same time hobbyists are building metal milling ones for a couple hundred dollars, there are indie plastic recyclers showing that you can make decent products with open source and cheap equipment, for AI there’s LLaMA and soon a million GPT based tools. Centralized industry requires too much sustained demand in order to make the capital investment worthwhile. There are few that really require it and they’re mostly resource extraction and refining. Not everyone need build everything but we could certainly thrive with many more tradesmen and small manufacturers.