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by fghh45sdfhr3 4844 days ago
I honestly believe that many decades from now, 20 to 50 years, at least one industrialized country will have something like a Basic income guarantee.

It happened to Rome. When all of their work was done by slaves, the free Romans got bread and circuses on the government's dime.

I think we will reach a point where unemployment will just grow despite a growing economy. And it will steadily grow for months, then years, and over the years we'll go through a long and painful political process which I think will eventually result in a a Basic income guarantee.

At that point a staggering percentage of our economy will be 100% automated.

1 comments

Of course, "Bread and Circuses" is a pejorative describing the fall of Rome: ...Already long ago, from when we sold our vote to no man, the People have abdicated our duties; for the People who once upon a time handed out military command, high civil office, legions - everything, now restrains itself and anxiously hopes for just two things: bread and circuses