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RE: Universal Basic Income is our future, at least according to Mark Zuckerberg
No. Other job sectors like "social media manager" and "online content evaluator" will be created. Advance Robotics and automation will not change the current system. They will only enhance and expand it in different directions.
Hyper-productivity will still raise prices since there will be higher demand. it doesn't change anything.
Unless those goods are priced in something other than Federal Reserve Notes. Not to mention when the people are able to print goods without the necessity of money. Technology WILL change the current system. The current system is obsolete.
what i mean by system is demand and supply. capitalism. how value is created. it doesn't matter who issues the money. money represents value. if you give some for free to everybody then eventually everything will rise from that point on. basic logic.
Or more specifically you'll never be giving the people anything of tangible value because the government can't actually add value. It "creates value" only through the coercive process of redistribution while also taking a vig for their "efforts." You can't take $10 away from a man and then give him back $12 and then propose to do that for everybody @automaton and I don't mean to be mocking as if that were an obvious conclusion.
Nonetheless, scarcity is a real attribute that pertains to certain parts of our reality. You can deny its existence but it's not actually missing from your life. When you want another potato chip at the end of the bag or whatever the proper analogy is-- you have that scarcity thing. If there wasn't a counting system to keep track of how many chips and Ferraris everybody was going through, we'd eventually have a lot more consumption than production. It's a nice idea to want more free things, but somebody has to create those thing, even if it means creating robot parts or robot algorithms. Land, earth and materials will not assemble itself and magically do all of things for us. Surely, nobody here would expect anything to that extent.
I have never suggested Government give anyone anything. I'm actually against it. I'm talking about putting the means of production in the hands of the many. By giving the people the means of production they can produce what they need without the need of Govt or Banks. Maybe you don't see it yet..but you will soon..