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by rottingchris 27 days ago
So what would a new system based on this new reality look like?

Most people sustain themselves using the money they get in exchange for their labor. Based on history and growing income inequality, no one seems to believe the next step is a Star Trek-like post-scarcity economy.

The "how will people afford X??" is an existential question. If human labor has no value and UBI is not an option, then what is going to happen to the people?

2 comments

> no one seems to believe the next step is a Star Trek-like post-scarcity economy

Why wouldn't it be exactly like that (without the space travel, replicators and other extremely advanced tech)? There would no longer be income, so income equality can no longer be a thing.

Any inequality caused by ownership of the means of production would disappear because there would be no value in "owning" (ie maintaining exclusive access to) anything beyond personal items. With everything automated, there would quite literally no longer be scarcity of anything that people need to survive and live a decent life.

Everyone necessarily will have access to robots that produce X, which means their "ownership" will have to disappear. Of course there will be a huge upheaval with the change to the system, but there isn't another outcome ultimately.