UBI only works if the technology advances to a level where there is zero scarcit... | Hacker News

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chii 62 days ago | parent | context | favorite | on: The dead economy theory

UBI only works if the technology advances to a level where there is zero scarcity. I dont believe AI will produce that level of abundance.

nearbuy 61 days ago [–]

There is no reason to have UBI if there is zero scarcity. There is no reason to have money at all without scarcity.

UBI is a system for dividing up scarce resources.

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