4 ms·

One idea I came across a while ago is the idea of a 'national dividend'. Basically everyone gets a base amount of money you could live off. If people want to wo

One idea I came across a while ago is the idea of a 'national dividend'. Basically everyone gets a base amount of money you could live off. If people want to work harder and earn more money, they are free to. Unfortunately I can't recall the book I read it in.

kbaker 14y ago
Maybe 'The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future' by Martin Ford? I haven't finished the whole thing yet, but so far it has been a good read about some of the problems with increased automation and machine intelligence. He also outlines some possible solutions. http://www.amazon.com/The-Lights-Tunnel-Automation-Accelerating/dp/1448659817 http://www.amazon.com/The-Lights-Tunnel-Automation-Accelerat...
lifeisstillgood 14y ago
I have seen it from Charles Handy and others as well. It is all about the idea that currently the vast wealth of society is generated unevenly, so some form of redistribution is needed - a job for everyone is the current approach. But when those jobs get replaced how do we redistribute? It's going to be a rough century
marvin 14y ago
I've heard this view before. It's what I have been saying for some time now: With vastly increased wealth for the richest due to technological leverage, what will need to be done is increased taxation, especially for the richest. The taxes can be used to pay for a "dividend" system, which could for instance be implemented through negative taxation up to a certain low income. We might not be there today, but it is where we'll end up if automation keeps spreading at the rate it has until now. Norway almost de facto has a system like this already (through an incredibly generous welfare system), but the only reason we are able to pay for it is through the huge petroleum income.

4 ms·

One idea I came across a while ago is the idea of a 'national dividend'. Basically everyone gets a base amount of money you could live off. If people want to wo

by wintersFright 14y ago

kbaker 14y ago
Maybe 'The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future' by Martin Ford? I haven't finished the whole thing yet, but so far it has been a good read about some of the problems with increased automation and machine intelligence. He also outlines some possible solutions. http://www.amazon.com/The-Lights-Tunnel-Automation-Accelerating/dp/1448659817 http://www.amazon.com/The-Lights-Tunnel-Automation-Accelerat...
lifeisstillgood 14y ago
I have seen it from Charles Handy and others as well. It is all about the idea that currently the vast wealth of society is generated unevenly, so some form of redistribution is needed - a job for everyone is the current approach. But when those jobs get replaced how do we redistribute? It's going to be a rough century
marvin 14y ago
I've heard this view before. It's what I have been saying for some time now: With vastly increased wealth for the richest due to technological leverage, what will need to be done is increased taxation, especially for the richest. The taxes can be used to pay for a "dividend" system, which could for instance be implemented through negative taxation up to a certain low income. We might not be there today, but it is where we'll end up if automation keeps spreading at the rate it has until now. Norway almost de facto has a system like this already (through an incredibly generous welfare system), but the only reason we are able to pay for it is through the huge petroleum income.