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Curious - 2017-02-04

I found an article about that interesting topic (link below) which also says:


The basic income was popularized by the economist Milton Friedman in the 1960s as a "negative income tax" but is picking up steam in several countries — Canada, India and the Netherlands — and in Silicon Valley.

The Dutch city of Utrecht is in the process of a pilot project on basic income, and seven other cities in the country have announced their intention to explore the idea, which has been discussed in the Netherlands since the 1970s.

In November, Tesla and SpaceX founder Elon Musk said that he believes the solution to taking care of human workers who are displaced by robots and software is creating a (presumably government-backed) universal basic income for all.

As someone mentioned here a few days ago, trump believes that he can bring jobs back in the US. He is totally deluded: the lost jobs were lost to robots and microchips. There will be more and more robots (even Chinese manufacturers are in the process of replacing their employees with robots) and Moore's law says that computing power keeps doubling every year. Extrapolate 15 years, and the majority of people are unemployed. Basic income, to me, seems to be the answer.

Messages In This Thread
Re: Unconditional basic income by the texpayer's money -- Curious -- 2017-02-04
Re: Unconditional basic income by the texpayer's money -- Arthur -- 2017-02-04
credit default swaps not schools -- Trump diplomacy -- 2017-02-05
Re: credit default swaps not schools -- BeenThere -- 2017-02-05
Re: credit default swaps not schools -- Trump diplomacy -- 2017-02-05
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