Elon Musk thinks universal income is answer to automation taking human jobs
Pros and Cons to universal income<p>Pros<p>- the average citizen isnt afraid to find out next meal<p>- innovation can be more focused on convinience and love rather than people desperate to succeed<p>- individuals or families burdened with loved ones unfit for work dont have to sacrifice in order to provide for them<p>- homelessness becomes purely choice. Poverty is less of a motive for crime<p>- small businesses can hire people who simply <i>want</i> to work there without giving a competitive wage.<p>Cons<p>- it will be hard to employ for difficult jobs such as mining.<p>- the realestate or rental prices can all increase to just below universal income<p>- cost of goods can increase knowing people can pay for them<p>- the cost of US manufactured goods will increase since companies are now competing with the US gov to provide a competitive wage<p>- may lead to a totalitarian gov if too much slowness occurs<p>My argument against communism has always been &quot;who works?&quot;. I dont think that more dependence of gov is as important as decentralization. Of goods as many services as possible.<p>If your local community has a local greenhouse or robotics or etc you can take care, you have a job<p>So long as that service can support more people than have to work it, you can make money.<p>Making more time for innovation comes from an imbalance of supply&#x2F;demand for jobs and who controls them. If you can survive and thrive locally, the more centralized entities will be more competitive with their offers. Rents will only increase enough that people wouldnt be willing to move elsewhere. With universal income, all rents would increase and companies arent competing with local work (where an individual can master their skills), they are competing with the US gov over peoples will to be a self starter.<p>Im not entirely sure the Universal Income is the answer