Sign into an existing account

Crackinjokes 2 points 3 days ago

The biggest thing that needs to be talked about now and no one is talking about it is some new economic model that needs to be developed because the old arguments of capitalism versus communism both depended on their being an element of labor for humans to trade

When humans have no labor to trade you have to devise a whole economic model and you have to throw all the old definitions out the window. And if it's going to work and masses of people aren't going to starve then it's going to have to include some component of people getting a universal basic income or some kind of percentage of a tax put on robot labor and distributed back to the people. And it won't be communism because it won't be labor versus Capital because labor won't be a part of it. And capital really won't be a part of it either because Capital won't be needed either once robots start self-assembling.

So this is the one thing that no political party and no economist and no one is talking about really.

I do think Elon musk has said that it's going to be a problem and he may have been the one who suggested that the answer is to put a tax on all industrial output and redistribute that tax amongst all people so they have money to buy the industrial output.

And of course this kind of thing does exist today people who are stockholders get dividends and nobody calls them a communist and the residents of Alaska get a percentage of the revenue from Alaska's oil output every year or usually a thousand or $2,000. And no one calls them a communist.


It's just what you do to make a circular form of exchange continue to work so people have the means to purchase the industrial output the robots will make. Otherwise the whole system collapses.

But there are no leaders in any political party talking about making this change which is going to be drastic and which is going to have to be made extremely quickly.

Like within the next 2 years it's going to need to start.