kenkc

kenkc t1_jbsnhfb wrote

If UBI kicks in, it will be because unemployment is reaching catastrophic levels. So UBI may act as a counter to the ensuing deflation.

But in a future where tech has taken away most jobs, tech will also be able to mass produce housing, food and transportation for pennies on today's dollar. Another counter to inflation.

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kenkc t1_j03sy78 wrote

I don't mean an abundance of information. But of food, housing and transportation. It has certainly been true that information is reaching the abundance point sooner than material. But abundance in all things will be achieved at some time in the future. Energy looks to be the first, with renewables becoming cheaper and more powerful at a very strong pace. And fusion does seem to be clearing it's last hurdles. And if you have an abundance of energy, how far behind can an abundance of food shelter and transportation be?

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