| > The answer is that everyone is going to own different robots. The whole point is that a robot is going to be so much more efficient than a human, that for less than 1/50th the cost of a median house a human could buy a robot that could create enough economic production for his whole life. > There will be challenges, since many people live paycheque to paycheque, but ultimately a very simple Basic Income (backed on land taxes, ideally) would catch those that would fall in the cracks 1) If they live paycheck to paycheck, they aren't going to have the financial resources to drop $6k on a robot. Even the boldest "Basic Income" proponents don't expect to provide more than basic sustenance to survive. Political realities are in line with that being the level of funding it would provide people. 1b) If basic uneducated labor is valueless due to being replaced with robots, many of those people who live paycheck to paycheck are going to move down to being on the dole and can't afford robots as well. Some people will be too old to have the desire to re-learn, some won't have the ability, etc. 2) Land taxes are simultaneously a tax on renters as well as owners since they aren't based on your ability to pay [profitability]. That means they'll be passed on to renters wholesale who in turn will need a higher amount of basic income to support it. 3) Basic Income has to be funded sustainable in a way that doesn't result in it eating its own tail. That probably will be income taxes on capital + payroll which will cause everyone to scream pretty loudly. I don't see your utopia working with those assumptions. |