Its not just 'Which side of the political spectrum' as if people have no money, the rich have no where to take it from.Jolle wrote: ↑Wed Sep 16, 2020 11:32 pmThat depends on what side of the political spectrum you think. It’s either “tough luck” or “universal basic income”.proteus wrote: ↑Wed Sep 16, 2020 2:34 pmIt scares me when i am looking how fast automation progresses and i wonder what will happen with all of surpluss people. We cant be all vloggers and computer programmers.PinkFloydPulse wrote: ↑Wed Sep 16, 2020 2:13 pm
They also plan/or already have to cut 20k workers in Germany. The plan was set in motion last year and COVID only expedited things.
Here in Sindelfingen where they have their main factory, everything went kinda calm lately... The cars are coming of the production line but it's a strange feeling...
Either way, if this trend in low human involvement production, continues, they still need consumers that buy the stuff. Mercedes can’t sell cars is everybody is sitting incomeless at home.
If you have no money the produce of factories or oil well is left unsold. In countries that have a benefir system, if no one if working, they do not pay taxes to replenish that system, pay politicians, bankers police and soldiers.
I see UBI of some sort as being the only possible way forward.
For instance, an older couple could then become a national resource. they look after the grand children, and great grand parents, saving much to the social services. Children can stay in education longer to become more valuable, and the elderly stay out of homes and hospitals.
It would probably need some sort of boosted credit system to get people working in say, cleaning or infrastructure, but environmental projects could probably get by with expenses.
I am a big fan of Musk and Space X, so maybe the new frontier is going to be exploring local space. There is still much to do in this world too.