News for hackers. Stuff that matters.
Re:A Basic Income Should Be the Next Big Thing by sergiosgc on Tuesday May 03, 2016 @06:59AM (#11619476)
It ends when the cost is so high that automation becomes cost-effective. Basic Income, as much as minimum wage, is a collective push towards skilled labor, away from menial tasks.

In general terms, UBI seems sane. I see two implementation problems. First, worldwide society competition: Can my society support UBI and compete with China? Second, automatic system balancing. What is the correct UBI level? Can we leave it out to be hashed by politicians?

There are no comments on this comment yet.