imlaggingsobad t1_j22vyvw wrote on December 29, 2022 at 6:36 AM

Reply to comment by reviedox in Robots, AI, and Automation. When and What do we do then? by Snipgan

you contradict yourself. Why would large corporations lobby against UBI while also replacing their workers? That will just lead to mass unemployment, less aggregate demand, therefore less revenue for the company. The large companies want UBI so that everyone can still purchase goods and the economy still functions. Without an economy these corporations are irrelevant.

reviedox t1_j23mz7g wrote on December 29, 2022 at 12:27 PM

I don't know how massively unemployed economy would work, but I guess the corporate elite locking themselves into an economical bubble where they only trade with each other and some other remaining employees isn't that crazy.

I just know that UBI itself is also a pretty crazy concept. If you gave every adult in US $30 000 a year you would need 6.27 trillion USD, which is coincidentally the exact value of US government budget for the 2022 and they're already in deficit. And that's only $30 000 a year.