Interestingthread. I disagree violence is inevitablefor the change but with
the millionaire’s club called Congress running thingsit seems likely.
The rot startedwith Milton Freedman in 1976, stating that the purpose of
business was tomaximize short term profit for the shareholders. Business
schools started teaching that andnow it is the normal practice. Thisinevitably
leads to growing income inequality that history shows always resultsin
revolution if carried too far.
A better interimsolution is socialism as carried out by the Scandinavian
countries. These are now rated as better places to livethan America and they
don’t have large slums and hundreds of thousands homelesspeople. It would be
far easier tochange the economic system that will be required by robotics and
AI from thatstarting point.
Communism doesn’twork. Greed is needed for motivation andeven if it started
out with good leaders, Jerry Pounelle’s Iron Law of Bureaucracyshows it will it
What is requiredis something like Universal Basic Income (UBI) where the
individual decides howto spend the money. The limited trialsso far show that
people actually become more productive. If UBI is set at >$15.000 people won’t
be soanxious about losing their jobs to AI and robotics. Switzerland proposed
How to pay for itis the question. It would replace allthe existing welfare
schemes for starters. Healthcare costs could be halved by going to a single
payer system asused by all the other advanced countries. America has spent
$14.2 trillion dollars on 13 wars I the last 30years. The “defense” budget for
2018 is$700 billion. Some could come from there. Taxation would pick up the
Short of somedisaster, AI and technology will advance exponentially. That
people have money to spend is necessaryfor the economy to grow. Too many people
here are in debt and can’t afford tobuy new stuff. America could
affordsomething like UBI but with our Congress a financial crash is more likely.