2 ms·
Either it doesn't remove the income of its consumers like it's not doing at the moment, or we get universal basic income or something like that.
by tim333 1y ago
Either it doesn't remove the income of its consumers like it's not doing at the moment, or we get universal basic income or something like that.
- mrcwinn 1y agoAnd how is UBI funded? Higher corporate taxes on (over time, as gross margins improve from inference cost deductions) more profitable companies? Or rather than higher taxes, more money printing because inflation is just so incredibly low because of advancements in productivity. That’s the only thing I can imagine so far. All other paths in my mind lead me thinking about uprising and political unrest. (I’m not a doomer. I’m literally just trying to imagine how it will work structurally.)
- tim333 1y agoI think either productivity advances and we get money printing/tax, or it doesn't and things continue as now.