The time it took to get to the moon.Submitted by Redvolition t3_yz04vm in singularity
Wassux t1_iwzlafh wrote
Reply to comment by RikerT_USS_Lolipop in The time it took to get to the moon. by Redvolition
I never understand UBI, it seems impossible to me. Prices are driven by supply and demand, if we don't increase supply but do increase income, everything will just get more expensive. What's the point?
RikerT_USS_Lolipop t1_iwznyca wrote
why doesn't supply increase? Is it locked or something?
If the general population has more money then there's more incentive than ever to produce more stuff. Also, this topic is a little more advanced, but in economics there is a thing called the Utilization Rate. A huge percentage of our Capital [machines and production] are sitting idle.
Wassux t1_ix07cqh wrote
Because there are only a limited amount of resources? AI isn't going to magically appear more copper out of thin air. And aren't they sitting idle because we don't need them?
cyan2k t1_ix10wtv wrote
If there’s UBI I would do nothing then Netflix and chill because even my passions like making music or painting would be replaced by AI by then. Bring it on!
botfiddler t1_ix43lqi wrote
You can use such an AI for making your own game or show?
mutantbeings t1_ix1myl9 wrote
I love your comment because you’re cracking the surface on why universal basic income is actually just a band aid on neoliberalism, because it perpetuates the same ideology of the system we have now that your needs should still be a commodity that you must buy.
Universal basic welfare is the answer to that; which simply gives people everything they need to survive and undermines the oppressive neoliberal logic that everything in life should be bought and sold, even the most fundamental needs everyone has to have access to in order to survive.
The rich hate UBW because it reduces their ability to spend UBI on luxuries and reduces their ability to profit off of other peoples UBI spends. So it is talked about way less.
The logic of commodification is by no means a given or any kind of truth; but we are socialised extremely strongly to think that anything different is impossible. Not true at all.
Wassux t1_ix1nnd3 wrote
See this is something I can get behind.
mutantbeings t1_ix1oudp wrote
If you are interested in more, I always found this commentary good food for thought on the way UBI shores up some of the darkest parts of our existing economy
Frankly I would still support it, but yeah I’m not fooled that it can be anything but a temporary measure on the way to a proper UBW. And am all too aware that it could even make that goal even more difficult.
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