20180114

AUTOMATION AND UNIVERSAL BASIC INCOME

I think it should be clear to almost anyone today that our technology is progressing really fast, and its progress speed was always keep increasing (in the long term), since the beginning of our human civilization. So the speed of our technological progress is exponential in general. Availability of higher and higher tech, for cheaper and cheaper, to more and more people, is also probably exponential. I think, as the complexity and ability of our tech increases exponentially, the result for humanity would be having harder and harder time, for keep adapting to our own technological progress!

I think, if nothing (effective) is done, we would be looking at a future world, where the general population share of poor people (who are below the income needed for their own basic needs), keeps increasing. (And where the general population share of rich people keeps decreasing but they also keep getting richer!) Unless a permanent solution is found, that is!

I think, the first solution possibility, would be that humanity also (hopefully) keep increasing its abilities (always at same speed as tech!), by means of extending STEM education to the whole population.

Second, each government could start (hopefully) providing Social Security Income and/or Food Stamps and/or Universal Basic Income, to its all poor people.

I think success would be always far from guaranteed for either of these kinds of solution attempts.
Even if they can be done successfully for a while, they both have their own natural limits. For example, where the continuous money for the poor will come from? Would there be always enough money, if the share of the poor in the population keeps climbing in each country? If the tax on the all rich(est) people is increased successfully, is economic balance/stability can always be preserved? What would be the max tax rate possible on the rich for still keeping economic stability? And, is it really guaranteed, that max tax rate, would always be enough to provide help to all poor? (Or always can be even successfully enforced against the rich?)

I think, if all other solution attempts failed someday, in the (hopefully distant) future, the last solution could be try to make a global law for everybody having less children. (If ever really made, I think that kind of law would need to be global (and approved by all countries), to really work, to prevent any country having/claiming any unfair population advantage/disadvantage against any other.)

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