It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: Neith
Lets say this really takes place and robots take over 75% of all jobs.
Those who haven't a job, will be forced to reinvent themselves and create products the 'robotic industry' can't. Personalized products, things you can't buy from a store will become the new Vogue thing to do.
If people invest the money they're given, wisely, they'll come up with something. People are inventive, they will always come up with an idea no one's heard of or if changed enough will appear new. People in the future may even rebel against the Industry and bring it to it's knees.
originally posted by: carewemust
July 30, 2017
This idea is gaining steam once again...
""Tesla (TSLA) CEO Elon Musk and Facebook (FB) CEO Mark Zuckerberg are among those who say universal basic income, or UBI, is a good idea. With inequality widening, the idea of an unconditional, periodic cash payment that the government makes to everyone has suddenly become a hot topic.
The idea is whether a person is unemployed or wealthy, a $1,000 monthly government check could replace all current welfare programs, including Social Security.
"I think it would theoretically be superior to the existing social welfare system," Michael Tanner, senior fellow at the Cato Institute, told CNBC's "On The Money" in an interview. "It would be more efficient. It would be more humane and it would be a lot less.. "
Full Article: www.msn.com... &ocid=spartanntp
originally posted by: muSSang
Now with UBI who pays for that?
if no ones working how can we purchase or pay taxes?
Now this is why machines will NEVER replace people.
originally posted by: coop039
originally posted by: mclarenmp4
a reply to: coop039
The thing is you already pay for those type of people through the social programs, so why not get rid of those programs and give everyone UBI. Everyone gets the same, so there's no animosity.
If people want to live the bare minimum then so be it, they are no longer a burden on society.
A lot of people turn to crime just to make ends meet, take that burden away and some people may not feel the need to go down that route.
What happens when the number of people getting UBI exceeds the amount taxed on the working people? Sooner or later people will get tired of paying for others to do nothing.