mag wrote on Dec 2, 2014, 15:34:
Cutter wrote on Dec 2, 2014, 12:25:
So if half of all workers are replaced by robots in the coming decade what does that mean for the economy? Who's going to buy shit when they have no money?
https://en.wikipedia.org/wiki/Basic_income
First I've read about this, although it's so obvious that I've come up with the same idea myself daydreaming about the future. It's interesting that hours worked only 5% when such a system was implemented. Given how much overwork Americans do, that's not a bad thing. And it's well known that an economy with a flatter income distribution is a stronger, more vibrant one since money is in the hands of people that must spend it. I can't see this becoming law in my lifetime, but I never thought I'd see a black president or comprehensive healthcare reform in my lifetime either.
RIP RedEye9. We miss you.