|
|
|
|
|
by laotzu
3769 days ago
|
|
>At the moment the problem in the US is labor scarcity. Robots haven't replaced these jobs, these jobs just don't get done. Labor scarcity in the sense that there's not enough people who need work, or in the sense that there is not enough people who have the necessary skills? I would have to assume the latter. If that is the case, aren't most of these scarce skills the type which are used to service and maintain the very automation which would be used to implement a UBI? >When robots provide the same level of services to the US middle class, that would be a signal that we might need to think about something like a BI. Automation already provides a much higher level of services than human workers in many areas. Do we really want to wait to the very end of this process to begin the transition? |
|
Automation already provides a much higher level of services than human workers in many areas. Do we really want to wait to the very end of this process to begin the transition?
Right now our problem is too little labor, not too much. Maybe we should wait until we at least have enough labor before we take steps that will reduce the labor supply?
Note that according to the experiments which BI proponents cite as "successes", BI reduces labor supply by 10% or so (e.g. mincome reduced labor by 13%).
https://decorrespondent.nl/541/why-we-should-give-free-money...
http://public.econ.duke.edu/~erw/197/forget-cea%20(2).pdf
For comparison, the great recession reduced labor supplied by 5%.
Under circumstances of labor scarcity, BI would be wildly counterproductive.
Implementing a BI now is like a fat person eating 5 cheeseburgers on the theory that they might starve in some distant apocalyptic future.