chilcreek@diasp.org
Basic income is not good.
Imagine that AI and robots take over every single job so that there is 100% unemployment.
Who are the 1% going to sell to? So, the 1% donate, say, 10% of their wealth to a recycling basic income and it works like this. The 1% donate this 10% to the government and the government distributes a basic income. The basic income then goes back to the 1% who own everything. And so the cycle keeps repeating itsself over and over. Those receiving the basic income have no hope, they are trapped and the […]
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