It’s somewhat the same argument for universal income. Gives people time to learn valuable skill sets without giving all their time and energy to some company.
I agree. I’m lucky I got this opportunity which really made me believe in social safety net as an ideology. So many people are stuck because there just no time to respecialize and re-invest your human resources. Automation, AI, robotics are only a problem because of this. If AI can take taxi driver’s job and the taxi driver has the support to re-specialize to something more fulfilling then it’s a win-win for everyone.
I agree, though I prefer the Negative Income Tax formulation over Universal Basic Income, for the simple reason that there’s a lot less bookkeeping (only need to pay out for people making <$X). Ensure everyone is over the poverty line whether employed or not and we can eliminate the minimum wage and people will likely be better off since they can pursue their passions (which they’ll likely be a lot more productive at) instead of doing whatever makes enough money.
It’s somewhat the same argument for universal income. Gives people time to learn valuable skill sets without giving all their time and energy to some company.
I agree. I’m lucky I got this opportunity which really made me believe in social safety net as an ideology. So many people are stuck because there just no time to respecialize and re-invest your human resources. Automation, AI, robotics are only a problem because of this. If AI can take taxi driver’s job and the taxi driver has the support to re-specialize to something more fulfilling then it’s a win-win for everyone.
That’s the dream.
I agree, though I prefer the Negative Income Tax formulation over Universal Basic Income, for the simple reason that there’s a lot less bookkeeping (only need to pay out for people making <$X). Ensure everyone is over the poverty line whether employed or not and we can eliminate the minimum wage and people will likely be better off since they can pursue their passions (which they’ll likely be a lot more productive at) instead of doing whatever makes enough money.