(February 3, 2018 at 1:20 pm)DLJ Wrote: Not without getting permission but while searching for an interview with a professor whose name escapes me for now (I'm not good with names), I stumbled across this which sheds some light on the issue...
Abstracts are free, and I don't watch videos.
Quote:Indeed. But they're not working hard to create jobs. More jobs is a by-product.
Yes, and?
Quote:Automation is a more cost-effective way of doing it. And automatons can't spend money.
If we get to the point that that's significant, I'd support a universal basic income.
Quote:Everyone can go to zero. Or in some cases, less than zero... see the bidding wars between US states to get Amazon etc. to set up shop.
Yes, look at them - they all offer temporary incentives, because they do want tax revenue. Zero isn't a realistic number, or someone would already be there. It's not like it's just the US v. every other country as a whole.