Brainster
Penultimate Amazing
- Joined
- May 26, 2006
- Messages
- 21,933
The financial sense is a given. That's why every industry continues to automate pretty much everything it can as fast as it can. Clerks making minimum wage at fast-foot counters are being replaced by touch screens. Do you propose taxing robots, broadly speaking, to make them more expensive than human labor? Or do you propose reducing wages and benefits to starvation levels, which still might not undercut robots? Those seem to be the only choices you see.
And all this automation has resulted in a US unemployment rate of 4.1%, the lowest in over 17 years.
Another would be a kind of corporate ownership, where all humans share in the profits generated by robot labor. Another would be to tax robot profits heavily and pay minimum incomes to displaced humans. The point is that the existing models don't apply to circumstances that have never existed before.
Yeah, I have to admit, I have never heard concerns about massive numbers of displaced humans during an era of near-record low unemployment.
And a guaranteed income is not a revolutionary concept. Even Nixon explored the idea.
https://www.alternet.org/economy/ho...rica-basic-income-and-why-we-should-do-it-now
Hmmm, looks like that article should have been written by a robot:
And thus, in August 1968, President Nixon presented a bill providing for a modest basic income, calling it “the most significant piece of social legislation in our nation’s history.”
Nixon was not the president in August 1968; he wasn't even the President-Elect yet.
I do love this bit:
Not until 1978 was the plan for a basic income shelved once and for all, however, following a fatal discovery upon publication of the final results of the Seattle experiment. One finding in particular grabbed everybody’s attention: The number of divorces had jumped more than 50 percent. Interest in this statistic quickly overshadowed all the other outcomes, such as better school performance and improvements in health. A basic income, evidently, gave women too much independence.
Ten years later, a reanalysis of the data revealed that a statistical error had been made; in reality, there had been no change in the divorce rate at all.
So the basic income did not give women too much independence? Yay--err. boo?