3 ms·

Only way UBI works is if the govts increase taxes on all income or any income to almost 90%+... And then re-distribute to each person accordingly. That ain't h

Only way UBI works is if the govts increase taxes on all income or any income to almost 90%+... And then re-distribute to each person accordingly. That ain't happening, no govt will be willing to try that, and rich won't let that happen, they will become slightly rich from very rich. that just ain't happening.

carlosjobim 6mo ago
Have you heard about the last century? A few governments did that. You had to stand in line for food and your basic goods.
- throw-the-towel 6mo ago
  No they didn't. In the USSR, for example, not working without a valid reason was literally a crime (look up tuneyadstvo).
  - carlosjobim 6mo ago
    Great point! But for how many weeks will you enjoy your UBI before the rulers say "Okay, now that we're paying all of your salaries, it's time for you to do the work we need. Off you go to build the railroad or the giant dam! Here's a pick-axe."
deleted 6mo ago
[deleted]
1234letshaveatw 6mo ago
If we are able to fill our storefronts with magnificent AI creations for cents on the dollar, would that be profitable enough for the producers to pay enough tax to cover UBI? Producers would still face pricing pressure to lower margins to eat up all those productivity gains. Every path forward seems very uncertain
- cermicelli 6mo ago
  I think you didn't understand I didn't mean tax income literally I meant tax everything ala wealth. No private ownership beyond your home and a set of vehicles for transport. Now if you are saying there won't be any wealth in the post AI era, sure there might just be power or energy then we will tax that, 90% of energy generated is owned by populace they get to use it sell it or whatever. Imagine if humans had control over energy that machines/AI needed for production, then can't they just ask AI to do work to feed, cloth and help humans?

3 ms·

Only way UBI works is if the govts increase taxes on all income or any income to almost 90%+... And then re-distribute to each person accordingly. That ain't h

by cermicelli 6mo ago

carlosjobim 6mo ago
Have you heard about the last century? A few governments did that. You had to stand in line for food and your basic goods.
- throw-the-towel 6mo ago
  No they didn't. In the USSR, for example, not working without a valid reason was literally a crime (look up tuneyadstvo).
  - carlosjobim 6mo ago
    Great point! But for how many weeks will you enjoy your UBI before the rulers say "Okay, now that we're paying all of your salaries, it's time for you to do the work we need. Off you go to build the railroad or the giant dam! Here's a pick-axe."
deleted 6mo ago
[deleted]
1234letshaveatw 6mo ago
If we are able to fill our storefronts with magnificent AI creations for cents on the dollar, would that be profitable enough for the producers to pay enough tax to cover UBI? Producers would still face pricing pressure to lower margins to eat up all those productivity gains. Every path forward seems very uncertain
- cermicelli 6mo ago
  I think you didn't understand I didn't mean tax income literally I meant tax everything ala wealth. No private ownership beyond your home and a set of vehicles for transport. Now if you are saying there won't be any wealth in the post AI era, sure there might just be power or energy then we will tax that, 90% of energy generated is owned by populace they get to use it sell it or whatever. Imagine if humans had control over energy that machines/AI needed for production, then can't they just ask AI to do work to feed, cloth and help humans?