Reply to post: Hmm

Basic income after automation? That’s not how capitalism works

codejunky Silver badge

Hmm

That is a pretty interesting article. We have gained leisure time from automation but from the side of automating chores. The basic income is an interesting idea as it would be easy to administer and fairly transparent. Unfortunately it would upset the left and right as it would have to be cash for people to spend, it could not be topped up with continuous bribes (or it defeats the point) and people will spend it as they please even on what we consider bad for them.

Personally I am not convinced of the basic income. I dont think govs could leave it alone but also I wonder if it will just inflate prices as most gov interference does.

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