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by minthd
4100 days ago
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The key for this to be possible is a big reduction in the cost of living. Robots,automation and other tech , combined with the right regulations, could possible reduce cost of living by 80%-90%. Under those assumptions, won't basic income become possible ? |
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Relatively speaking, our cost of living has already been reduced by 80-90% since the late 1800's. The problem is, wealth is relative, not absolute.