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“The ‘jobs of the future’ are likely to be performed by robots,” said Nathaniel Borenstein, chief scientist at Mimecast, an email company. “The question isn’t how to train people for nonexistent jobs. It’s how to share the wealth in a world where we don’t need most people to work.”
Basically, nationalize robots, rent those robots to the old owners, use that rent to cover UBI.
Industrial scale mining and payment processing locks others out of the market.
originally posted by: Thorneblood
So wouldn't all this requires immense amounts of power to be generated and distributed across a huge area on a nearly constant basis. Our current energy infrastructure can barely handle the load as is in many larger metropolitan areas, so I can't imagine the strain of automation and constant crypt mining on a national scale.
originally posted by: projectvxn
I posit that the idea of a UBI is not much more than attempting to bring communism into the 21st century.
Robotics and A.I have grown by leaps and bounds thanks to DWave and the other dimensional help it gets from entities from other dimensions(thier words, not mine) and its almost time to roll them out and replace humans ability to earn a wage. The facts are in and here they are.
The question then becomes:
If you automate industry AND the exchange of value between machines for services rendered and converted the human labor force to individual account holders for the properties they own that will render these services, then what is the daily relevance of the act of commerce for human beings?
I say it would be minimal to non-existent. At that point money as it is understood today becomes nothing more than a constantly updated ledger that tracks the exchange of goods and services for the purposes of managing resources.