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by good_gnu 3641 days ago
"there is no money to maintain millions of people that do nothing". You underestimate how technological advances boost productivity. Consider driverless trucks: As soon as they are legal, companies will adopt them very quickly because of the obvious savings. Naturally, millions of truck drivers will be unemployed but the overall production stays the same (or even rises slightly). Thus it WILL be possible to pay all of these truck drivers a basic income without damaging anyone else's livelihood. Extrapolate this trend to other industries and you will see that in a few decades, it is completely possible to automate away most work while still paying the former workers approximately what they were earning before.

More fundamentally, you are making the mistake of thinking of work scarcity as a fundamental problem when technological advances are rendering work less and less scarce every year.

1 comments

Yeah, they have been saying this since the industrial revolution, we are still here.