Automated Economy Explained: Mechanics of a Basic Income by dana-edwards

politics · @dana-edwards · Feb 2 '17 (edited)

$6.23

Automated Economy Explained: Mechanics of a Basic Income

And this is why we need to decentralize. A centralized Internet and technical ecosystem will make a fully open accessible automated economy impossible. Wikipedia is only possible because it's on the Internet and anyone can contribute to it. Google or Microsoft could offer a DVD with encyclopedia but it's not as accessible. 

All humans should be owners rather than workers. Bots can become the workers. It is practical to build this today and why not give it our best attempt? 
https://youtu.be/OEkT14RBzDI

👍 xeldal, enki, recursive, stellabelle, nanzo-scoop, benjojo, abdullar, knozaki2015, krnel, kaylinart, helikopterben, wang, dana-edwards, inchonbitcoin, thecryptofiend, chitty, idealist, opheliafu, kenny-crane, mummyimperfect, crypt0, bue, cyan91, getonthetrain, cristi, ak2020, fyrstikken, futurefood, mammasitta, emily-cook, tcfxyz, juanmiguelsalas, mafeeva, nomadnessie, chappers, senseye, taoteh1221, ubg, dunia, shla-rafia, grey580, gardoz32, primus, remlaps, cryptofunk, peskov, asim, dasha, tommycordero, cmorton, trans-juanmi, bue-witness, sqube, boy, walhallo777, craigwilliamz, pheonike, sroka87, mini, steemprentice, bola, plotbot2015, tannukas6, onemyday, and 20 others

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@luke490 · Feb 2 '17

Politician's greed can invent all kinds of schemes....
I kind of like the obvious placement of the needless middleman in the video.

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@knircky · Feb 2 '17

As usual ignores the biggest issue with the system. You would have to tax an economy by like 70%.  This would never work, all the smart kids would leave and all the value would leave the country as well.

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@dana-edwards · Feb 2 '17 (edited)

Robots who live off electricity are supposed to care about paying 70% of the taxes while we humans live like royalty? Program them differently and avoid that?

You're assuming only the human being can do labor which is a false assumption. Humans don't like paying taxes because humans have to trade time for income. If humans can get income without having to trade time for it then it is measurably superior.

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@knircky · Feb 2 '17

In the video it is assumed that few people will own business that would get taxed. These businesses would simply move out of the county. Everyone would become poor and the country with UBI would eventually become 3rd world country.

Another way to look at 70% tax is that it desteoys productivity which leads to the same end result.

Quite unlike the roman system that had other ways of keeping overall productivity high.

If you want UBI u cant use taxes for it.

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3 replies

@everittdmickey · Feb 2 '17

what's the minimum viable size?

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@procivilization · Feb 7 '17

It appears as though a thorough integration of Kartik Gada's ATOM/DUES proposal is lacking in this presentation: http://atom.singularity2050.com/

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