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automation

  1. MorkandMindy

    UBI or not UBI?

    Universal Basic Income is a transfer of money saved by automation to everyone. Unlike the CARIES Act, the HEROES Act, and the Build Back Better Bill, it will not be funded by creating money/expanding the money supply/inflation, but by a transfer of money to rebalance the economy to compensate...
  2. MorkandMindy

    Bad timing

    Just as automation is reducing the demand for workers, white collar as much as blue collar, we get some politicians deciding we need immigrant labor. Those politicians were born in the 1940s and back then staff shortages were the limiting factor in the economy. That all changed in 1975 but...
  3. MorkandMindy

    Raising the minimum wage?

    that's going in the wrong direction As the cost of automation gradually comes down we hurry up the changeover by raising the cost of human labor, that's the plan, get people out of work asap For manual tasks in retail in a very big chain store the pay rate to begin automating is 11.00 PH which...
  4. SummerMadness

    Finland Has Second Thoughts About Giving Free Money to Jobless People

    Finland Has Second Thoughts About Giving Free Money to Jobless People[/B]