> I definitely would choose not to work or work less if that money came free from government.
Is that a bad thing? Say We went from participation rate from ~65% to 40%. That could be good, we stop trying to force people into jobs unnecessarily as we automate + it might encourage dirty jobs like cleaners to be better paid and balance the wage market as people have a way to walk away.
Point 2: Generally I agree that UBI is a bit of a pipe dream for now. I think we'd be better off doing some 'guaranteed job' system where we focus on societal roles that add value but dont compete with free market. Give people a guaranteed 3 day a week job for basic living wage type deal and earlier retirement ages. Use this as a transition point to hopefully automating much of the world and some system of UBI as we slim workforce needs.
> I definitely would choose not to work or work less if that money came free from government.
Is that a bad thing? Say We went from participation rate from ~65% to 40%. That could be good, we stop trying to force people into jobs unnecessarily as we automate + it might encourage dirty jobs like cleaners to be better paid and balance the wage market as people have a way to walk away.
Point 2: Generally I agree that UBI is a bit of a pipe dream for now. I think we'd be better off doing some 'guaranteed job' system where we focus on societal roles that add value but dont compete with free market. Give people a guaranteed 3 day a week job for basic living wage type deal and earlier retirement ages. Use this as a transition point to hopefully automating much of the world and some system of UBI as we slim workforce needs.