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Has anyone considered something like UBI but instead of income make it UBG--Universal Basic Goods. The idea would be that when automation advances to the point
by tzs 2y ago
Has anyone considered something like UBI but instead of income make it UBG--Universal Basic Goods.
The idea would be that when automation advances to the point that something can be made with very little labor the government would build automated factories to produce that thing and make the output available for free.
There would still be room for private companies to make those things too. They could make fancier or higher end models for those people who want something more than the free models from the government.
- EMIRELADERO 2y agoAnd who would purchase those, and with what? The only scenario where UBI/UGI would make sense is one where AI can replace most/all humans at any job they could have. At that point it makes no sense for there to be a economic hierarchy at all.
- dragonwriter 2y agoNo, UBI makes sense right now (the exact level that makes sense changes over time), it is a lower-bureaucracy, lower perverse-incentives alternative to means-tested welfare (and, possibly, also minimum wages) as a means of providing a support floor (its not really a flat addition because any means of financing it will provide some form of clawback, and if done through the progressive income tax, it becomes redistributiion that compresses the pre-benefit-and-supporting-tax income distribution. UBG is a completely different story, though.