In the future, robots theoretically can do everything, and yes ubi would be need... | Hacker News

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		danschumann on July 30, 2020 \| parent \| context \| favorite \| on: Universal Basic Income is Capitalism 2.0 In the future, robots theoretically can do everything, and yes ubi would be needed. What level are we at now? I don't think a ubi should be very much, maybe a dollar a day. Maybe 2. Considering we have all the other social programs for needy people. 5 bucks a day, who knows. The problem is people wanting to start it at some real high number.

aww_dang on July 30, 2020 [–]

If robots did everything, then prices would fall. The effort required to obtain goods would be less.

CB money printing and UBI would prevent this prosperity.

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