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Re: The case for paying every American a dividend on the nationâ��s wealth  

By: nacl01 in POPE 5 | Recommend this post (1)
Wed, 03 Oct 18 4:15 AM | 72 view(s)
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Msg. 09075 of 62138
(This msg. is a reply to 09048 by Decomposed)

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Unfortunately, it's probably inevitable.

You are probably right, but I can't imagine where the money will come from. Now we are borrowing money to pay interest on money we have borrowed. We are just pretending we have the money.

I know you will not argue about the problem, or the fact that there isn't any real solution to the problem.

nacl


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The above is a reply to the following message:
Re: The case for paying every American a dividend on the nation’s wealth
By: Decomposed
in POPE 5
Tue, 02 Oct 18 11:55 PM
Msg. 09048 of 62138

Unfortunately, it's probably inevitable.

The article says that by 2030, 73 million Americans will have been displaced from their jobs by automation. It mentions the need to re-train them - perhaps as robot repairmen.

I'm far more pessimistic. I think robots will be able to do robot repair. I think that through AI, they will be able to DESIGN themselves. I think they'll be able to do just about everything. About the only jobs that will remain for humans will be CORPORATION OWNER and POLITICIAN. Obviously, there won't be many of those.

Where does that leave humans? If they maintain their clout with government, they can collect Universal Basic Income from the corporations. But if they lose that clout - if government ceases to act in their interest or is no longer able to force corporations to pay - then most of humanity will starve.

It's not a very bright future, is it?


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