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All this is based on the fact the the effectiveness of automation at a given price point is growing. If I replace 100 employees with a machine that has a TCO o
by voidlogic 12y ago
All this is based on the fact the the effectiveness of automation at a given price point is growing.
If I replace 100 employees with a machine that has a TCO of $100k yr and I was paying them each $30k. I am $2900k ahead, should the government require I supply $15k basic income for 30 people I would still be $1640k ahead, not to mention less overhead for HR, recruiting etc.
The real trick is in distributing this burden so the businesses benefiting from the automation are paying it.