Re:Why we should all have a basic income
by maxerickson on Sunday January 22, 2017 @11:04AM
(#13455712)
If we are literally at 100% robot labor, a basic income could be a resource dividend. Basically, the argument for really strong property rights is that it encourages utilization of resources (and thus makes them broadly available to the economy).
With 100% robot labor, utilization of a resource is purely a political decision. The idea that we should give outsize rewards to historical incumbents for their historical incumbency becomes sort of silly.
With 100% robot labor, utilization of a resource is purely a political decision. The idea that we should give outsize rewards to historical incumbents for their historical incumbency becomes sort of silly.