3 ms·
> how does it handle the race to the bottom after everyone realizes work sucks? Where does wealth come from if nobody works? Work still needs to be done. BI me
by pkulak 13y ago
> how does it handle the race to the bottom after everyone realizes work sucks? Where does wealth come from if nobody works?
Work still needs to be done. BI means that you can get rid of the minimum wage and labor becomes worth what it takes to get someone to do it knowing that their life and the lives of their families doesn't depend on it.
Maybe that shitty job at McDonalds now takes $20 an hour to fill? Maybe that increases automation, making the economy more efficient. It might also increase the cost of crappy food, pushing more people to just prepare their own food; but now they have the time to do it, so no big deal.
We don't have a problem in this country with laziness. We don't have enough jobs for everyone who wants to work to work. We've set a requirement of 40-hours a week just to live, and then we don't actually have that much work available. We need to find a way to remove that 40-hour requirement. The economy is just too efficient.