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The key for this to be possible is a big reduction in the cost of living. Robots,automation and other tech , combined with the right regulations, could possible
by minthd 12y ago
The key for this to be possible is a big reduction in the cost of living. Robots,automation and other tech , combined with the right regulations, could possible reduce cost of living by 80%-90%. Under those assumptions, won't basic income become possible ?
- refurb 12y agoreduce cost of living by 80%-90% Relatively speaking, our cost of living has already been reduced by 80-90% since the late 1800's. The problem is, wealth is relative, not absolute.
- minthd 12y agoTrue, but given no other job, decent living conditions(but not being rich) plus lots of free time won't be such a bad deal for many.