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It's definitely going to be interesting how things play out, and honestly I think China will adapt to the change far easier than the US will. The US has major
by electromagnetic 12y ago
It's definitely going to be interesting how things play out, and honestly I think China will adapt to the change far easier than the US will.
The US has major political dogma against communism and socialism. The only way out of this is going to be with major socialist programs. The only way to avoid civil unrest over unemployment rates will be literally paying people off. Basic income is inevitable.
The issue is, how long will companies be allowed to hold on to control. What happens when we start automating out jobs with AI. What happens when even the CEO is replaced, and investors are just AIs representing a portfolio. I find it highly doubtful the public will allow billions of dollars and control of corporations to sit in the hands of AIs with the intent of profiteering.
So how long until companies are taken over by the government. You said what happens when companies possess more power than the government, but I don't know any corporations with 10 aircraft carriers in operation. Eminent Domain seizures will be the way the government retains control.
How long after basic income would it take to see grocery stores become seen as a public utility? Or housing construction? When everyone can afford a house, we can't afford not giving people houses.
It's going to be interesting to see how much of our traditional practice's remain.