Submitted by Financial_Donut_64 t3_10lya0i in singularity
Lawjarp2 t1_j679l0r wrote
Reply to comment by grahag in How life with UBI could look like by Financial_Donut_64
Dude the government can just build it's own production. When cost of production is cheap and labour infinite what prevents them or anyone from creating more production. People are overcomplicating things here.
None of the issues you mention matter if we are at a point when ubi has to be doled out because of AGI. The hyper deflation that will occur due to sudden increase in productivity means the governments can and probably have to print their way out anyway.
grahag t1_j6cgtbx wrote
Frankly, I think that's a great idea. The government SHOULD produce anything that is required to live. It doesn't have to be top shelf quality, but it would need to be an alternative to for-profit products and services.
Viewing a single comment thread. View all comments