Basic Income in the news

Sep 2017
1
Earth
#1
Basic income is a growing issue as the 1% take more wealth. Check out basic income on google, there are many articles. Ontario and Finland are doing pilots. Plus many studies done over the years find people work more not less with a basic income.
 

tomar

Ad Honoris
Jan 2011
13,752
#3
The romans already tried that (free bread and other foods)... their experiment showed that this concept created more issues than it solved

It would be even worse now with the mass migrations .. You'd have millions more heading for those countries that distribute basic income
 

Vaeltaja

Ad Honorem
Sep 2012
3,692
#4
Yet the problem is that with increasing automation there ain't going to be jobs for every one. Unless the 'grand plan' calls for widespread slums - and extremely stark income inequality which will lead to social unrest - the options aren't that good. The way it needs to be geared up to work is that you would always get more by working, even by just a bit.
 

tomar

Ad Honoris
Jan 2011
13,752
#5
Yet the problem is that with increasing automation there ain't going to be jobs for every one. Unless the 'grand plan' calls for widespread slums - and extremely stark income inequality which will lead to social unrest - the options aren't that good. The way it needs to be geared up to work is that you would always get more by working, even by just a bit.
Working 40 hours (or even 30) per week for "just a bit more" is not an incentive for most people

The effect of future automation and its consequences are not really clear at this point...The world has gone through waves of automation before (and huge population growth) and there is plenty of work still around....
 
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Vaeltaja

Ad Honorem
Sep 2012
3,692
#6
Working 40 hours (or even 30) per week for "just a bit more" is not an incentive for most people
That ain't it. It needs to provide benefits from any work. The method you described just divides people to those who have and those who have not. And that is not healthy in the long term.
The effect of future automation and its consequences are not really clear at this point...The world has gone through waves of automation before (and huge population growth) and there is plenty of work still around....
The effect is actually quite well known. Machines do repetitive task far better than what any man could ever do. And that capability only expands. The same reason why the low income jobs ain't going to be coming back.
 

Willempie

Ad Honorem
Jul 2015
5,294
Netherlands
#7
Yet the problem is that with increasing automation there ain't going to be jobs for every one. Unless the 'grand plan' calls for widespread slums - and extremely stark income inequality which will lead to social unrest - the options aren't that good. The way it needs to be geared up to work is that you would always get more by working, even by just a bit.
There is no negative relation between increasing automation and available work. At least not a proven one. Productivity is only very slowly on the rise. Another example from the recent past: The advancements in IT have been regularly touted as a recipe for job losses. However currently there are more people doing administration than before.
 

tomar

Ad Honoris
Jan 2011
13,752
#8
That ain't it. It needs to provide benefits from any work. The method you described just divides people to those who have and those who have not. And that is not healthy in the long term.

The effect is actually quite well known. Machines do repetitive task far better than what any man could ever do. And that capability only expands. The same reason why the low income jobs ain't going to be coming back.
I have not described any method, so I am not sure what you are referring to

As to the second .. in 1950 the total world population was about 2.5 bio.... Now its more than 3 times that.... and it seems there are more than 3 billion jobs (i.e more than the total world population of 1950) even though the world has been basically mechanizing and automating for the past 70 years or so.... And yet the number of jobs has kept increasing
 

Naomasa298

Forum Staff
Apr 2010
35,023
T'Republic of Yorkshire
#10
Actually, on another forum, I read a very compelling piece that said the first jobs to go won't be the ones you expect.

It won't be the very low skilled jobs that are most at risk, but jobs like technicians, lawyers, draftsmen etc.

Machines are becoming better and better and doing technical tasks better than a person ever can. A machine can design a CPU or make a technical drawing, write computer code, or even prepare accounts. That's what AI is heading towards.

And suddenly... all these highly skilled individuals are out of jobs.
 

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