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A comment on The world is sitting on a $400T financial time bomb (2017). Parent comment

Re:The world is sitting on a $400T financial time bomb (2017) by perlgeek on Monday October 28, 2019 @10:13AM (#21377168)
> 1. Get youth more productive 2. Make more youth 3. Take a greater percent of youth's income 4. Have old people live on less or not retire so early

5. Automate more, and make sure the production value from the automation benefits those that need it.

This is the basic idea behind Universal Basic Income.

If you have a coconut harvesting robot, none of the two islanders need to work -- assuming there isn't a third person charging them for the coconuts.

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Re:The world is sitting on a $400T financial time bomb (2017) by basch on Monday October 28, 2019 @11:19AM (#21377731)
What are they going to do with the coconuts, are they free, whats the point of cash then if they both have cash? Why would either accept cash from the other?
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