If AI takes most of our jobs, money as we know it will be over. What then?
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100% inheritence tax will go to the government though.
Still it's basically stealing from families anyway.
I'm saying it shouldn't, it should instead be distributed to the people. It should be used for something like UBI.
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I'm saying it shouldn't, it should instead be distributed to the people. It should be used for something like UBI.
Which goes through the government.
Again if you want more income for those at the bottom you want efficient tax methods and 100% is not an efficient tax method since people will do EVERYTHING they can to avoid it. If people can accept a tax rate, they will pay it. Well a lot more people will pay it.
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They do need concubines and harems to maintain their fantasy dynasty
Depends how good the robots get.
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If AI takes most of our jobs, people will earn less and have less money, which restricts consumerism.
Consumerism can only stay running with UBI and that's why it should be implemented.
Tell your local politicians that measures that give people more money are good for the economy. Maybe that will make them listen.
Tell your local politicians that measures that give people more money are good for the economy. Maybe that will make them listen.
That is always been true. You don't need the AI.
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Ever had an "AI" show up at 2AM on an emergency call to fix a gas leak? How about an "AI" to cook a breakfast sandwich? Maybe an "AI" is taking over babysitting while you're out of town...? No?
"AI" doesn't do anything. But if your job primarily revolves around words or pictures on a screen, maybe "AI" can help you with that.
I get what you're saying but an AI cooking me a sandwich (also what's "cooking" a sandwich) is like the easiest thing in the world. That could very easily be automated.
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Oh, they've planned for it. They have their billionaire bunkers. Bezos has three that we know of.
Ok great. He can go and live in there while we ignore him.
These bunkers are a boondoggle, what's the plan here, is he going to stay in there until civilisation rebuilds itself into a capitalist system. If so he's going to be waiting a while.
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Same as ever…was that money wasn’t needed.
Do you need money within your neighborhood or your family? Do you pay people for giving a favor?
Money is a way to get people to do things they wouldn't otherwise do.
If you don't have automation you either have to have money or slavery. One of the other is required to keep society going otherwise no one's going to do the crappy jobs. Since someone has to do the crappy job you have to find a way to incentivise them and that's money or whips. Don't kid yourself into believing that money isn't necessary, it is.
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A favor is just a form of debt, and debt is money. It does not matter whether it's written down on paper, or just remembered.
It does matter. How much worth is helping a friend? Or how much money for your neighbors for caring your pets while you‘re in holidays?
Don’t you think they will refuse to take money for this favor? Not everything in humankind can be paid for.
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Money is a way to get people to do things they wouldn't otherwise do.
If you don't have automation you either have to have money or slavery. One of the other is required to keep society going otherwise no one's going to do the crappy jobs. Since someone has to do the crappy job you have to find a way to incentivise them and that's money or whips. Don't kid yourself into believing that money isn't necessary, it is.
I wonder how human societies survived without money, if this is so essential for the crap.
I wonder why people do crappy jobs for money? Is it because they need much money for things such as car, smartphone, playstation? For some food, you do not need much money. Actually you can grow it for yourself if you do not live in a big city.
Sure, if one got in this consumption trap, one needs a constant inflow of fresh money.
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I wonder how human societies survived without money, if this is so essential for the crap.
I wonder why people do crappy jobs for money? Is it because they need much money for things such as car, smartphone, playstation? For some food, you do not need much money. Actually you can grow it for yourself if you do not live in a big city.
Sure, if one got in this consumption trap, one needs a constant inflow of fresh money.
I think you've answered your own questions. Money doesn't have to be actual cash it can be bartering, I.e. I'll give you five carrots in exchange for your help to build this barn
But what if they don't need carrots right now, well you can give them a IOU for carrots whenever they want, and now you've invented money
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I think you've answered your own questions. Money doesn't have to be actual cash it can be bartering, I.e. I'll give you five carrots in exchange for your help to build this barn
But what if they don't need carrots right now, well you can give them a IOU for carrots whenever they want, and now you've invented money
Sorry but this is a primary schools‘ view on money. I know this is how it been taught at school and this is entirely wrong.
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