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Humans need not apply - the case for the universal basic income
#22
RE: Humans need not apply - the case for the universal basic income
The economy adjusts to changes in the price of goods and services.
For example, food and water are relatively cheap now compared to 1000 years ago. But now, land ownership and houses are very expensive. So is the price of a theatre ticket. Whole industries did not exist 1000 years ago.

I don't think the end game is a world where everything is free and no one has any demands for anything. It is that we will change how we spend our time and effort.

However, the introduction of much better and cheaper labour will cause a relative problem if that labour demands more stuff. I don't think machines are a threat unless they start to demand resources from us humans and we give it to them. Hence, they should not have a vote (social power).

Things that save us time and effort are not normally feared. I do not fear my dishwasher. I do fear that I watch too much TV but that is a different matter and within my control.
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RE: Humans need not apply - the case for the universal basic income - by Animated Earth - January 22, 2015 at 8:20 am

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