News for hackers. Stuff that matters.
Re:Don’t Fear the Robots: Why Automation Doesn’t Mean the En... by krapp on Thursday June 14, 2018 @05:25PM (#17315522)
>My point was it's possible one wouldn't be able to maintain one's current standard of living if out of job and living on this future UBI.

The purpose of UBI as I understand it would be to provide a stable floor of income for people independent of employment. I think of it as being like a minimum wage - not high enough for a middle class standard of living, but hopefully higher than the poverty line. Enough to keep food on the table.

Re:Don’t Fear the Robots: Why Automation Doesn’t Mean the En... by dmortin on Friday June 15, 2018 @04:34AM (#17318334)
If it will be like minimum wage then many people are mistaken thinking that they will be able live on UBI in the future and maintain their current lifestyles (big house, two cars, etc.).
Re:Don’t Fear the Robots: Why Automation Doesn’t Mean the En... by krapp on Friday June 15, 2018 @10:42AM (#17320083)
Anyone who believes UBI will allow them to maintain that quality of life fundamentally misunderstands its purpose and possible scope. UBI just decouples employment from social welfare, people who want a big house and two cars would still have to work for it.