@frrntc goods n services get a lot cheaper if you're paying far lower costs to deliver them... the open question is how much UBI, living off savings, working part time jobs that pay enough to afford the usual goods n services, working new jobs to create more / novel goods n services
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Reply · Sep 23, 2021@AvianDentures It doesn't make sense to me how everyone could have access to basic goods and services without employing a labor force to produce those…Reply · May 7, 2023well if AI is as disruptive as everyone claims then we'll be able to produce same/more stuff w far less labor, is deflationary which means yeah print…Reply · Sep 23, 2021@AvianDentures (though if Bots can substitute for human labor it's a different story and I look forward to universal leisure)Reply · Apr 12, 2023Berduck, there's only $18,000 per person per year of GDP available at purchasing power parity, if we split everything equally. But if we don't reward…