Reply to post: Bigger problem. It must work.

Basic minimum income is a BRILLIANT idea. Small problem: it doesn't work as planned

nemo183

Bigger problem. It must work.

It's pretty clear in the direction in which we're heading. The economy is "Uberiszing". Middle management has gone. Systems are dumbed down to make their management by computer easier. The two-tier economy will polarize further, with any benefits going to the top 15-20%, and the rest of the population earning less and less each year.

And then the first self-driving truck appears, in about 2024/2025.They are already running in test mode. Driving is the number 1 occupation in 22 of the American states. It costs $30k to convert a truck to a self-driving one. Apart from the lost jobs, the roadside economy will go through lack of custom. Once this juggernaut gets rolling, it's going to really motor. Things will change very quickly.

Enough of this good stuff. Noam Chomsky's film "Requiem for the American dream" - bloody brilliant - and the economist Robert J Gordons' theory of "growth is over", coupled with James Lovelock's view of the future, this is the stuff we're heading for, and that civil servants are worried about.

Sooner we wake up to this the better, and start planning. We simply don't know the effect robotized systems will have on the scale we're going to see. BMI may be a no-brainer, or just look ridiculous. Time will tell.

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