Message from @Colonel Sanders™

Discord ID: 549695816214904865


2019-02-25 20:51:31 UTC  

UBI kind of delays that in a sense. UBI does not eliminate the disincentives to work that are inherent in welfare programs but it simply moves them around. This program must be financed after all, and any welfare system, including the UBI, is necessarily a wealth redistribution scheme. Wealth must be forced from those who have it to those who do not. This means that at some point on the income ladder, people must go from being net receivers of benefits to being net payers of benefits.

The progressive taxation that is necessary to finance a UBI means that the more a person earns, the higher percentage of their wealth will be taken from them. The work disincentives are therefore still very much present in the tax system. They’ve simply been transferred onto different, higher income groups of people.

Or they can get it by printing money, which will cause even bigger problems.

What UBI does is subsidies non-productive activities, which is not good.

2019-02-25 20:52:06 UTC  

studies show that 97% of people on UBI tests don't quit work and the 3% that do either go back to school or take care of their kids

2019-02-25 20:52:27 UTC  

which i think is interesting

2019-02-25 20:52:55 UTC  

@sɪᴅɪsɴᴏᴛʜᴇʀᴇ we're talking about like 100+ years into the future btw

2019-02-25 20:53:07 UTC  

when human labor becomes obsolete

2019-02-25 20:53:28 UTC  

o

2019-02-25 20:53:35 UTC  

I doubt human labor will become obsolete

2019-02-25 20:53:36 UTC  

lol

2019-02-25 20:53:41 UTC  

there will always be more jobs

2019-02-25 20:53:44 UTC  

and new types.

2019-02-25 20:53:50 UTC  

it may take few thousand years for that

2019-02-25 20:53:50 UTC  

you ever watch Wall-E

2019-02-25 20:53:53 UTC  

^

2019-02-25 20:53:54 UTC  

wrd

2019-02-25 20:53:55 UTC  

ye

2019-02-25 20:53:59 UTC  

you think that'll happen

2019-02-25 20:54:06 UTC  

doubt

2019-02-25 20:54:15 UTC  

i mean

2019-02-25 20:54:24 UTC  

the technological progress since 1800 is pretty insane

2019-02-25 20:54:30 UTC  

only 200 years

2019-02-25 20:54:55 UTC  

technological advancement is exponential

2019-02-25 20:55:13 UTC  

Yeah and new jobs have veen created

2019-02-25 20:55:20 UTC  

there will defo not be an obsoleteness of human labor

2019-02-25 20:55:34 UTC  

I mean physical labor will be eliminated

2019-02-25 20:55:39 UTC  

within 200 years

2019-02-25 20:55:52 UTC  

it really depends on what AI can eventually do

2019-02-25 20:55:55 UTC  

^

2019-02-25 20:56:00 UTC  

maybe

2019-02-25 20:56:02 UTC  

we'll see

2019-02-25 20:56:05 UTC  

yep

2019-02-25 20:56:11 UTC  

it's just fun speculation at this point

2019-02-25 20:56:18 UTC  

but hopefully we dont blow ourselves up before then

2019-02-25 20:56:19 UTC  

pog

2019-02-25 20:56:25 UTC  

the captain is @chad

2019-02-25 20:57:32 UTC  

GIVE ME THE PLANT

2019-02-25 21:04:41 UTC  

"he's going to no pot u"

2019-02-25 21:04:45 UTC  

wtf you play it aswell

2019-02-25 21:04:51 UTC  

used to

2019-02-25 21:04:57 UTC  

with @hcaez gay