Hacker News Reader

While I'm a huge proponent of BI, I think it's hugely challenging to make the numbers work at 20k of income. I think 12k or 9,600 is a much more likely place for a BI program to start.

Where are you going to get the capital to make 40k, 50k, or 100k happen?

Edit: I originally wrote 12k or 9,600k are a likely place to start. To be clear, I do not think 9,600,000 USD is a reasonable place to start the BI salary.

View on HN

Print the money. That way you will also have a healthy dose of inflation in the economy.

well BI is more like a complete re-think of capitalism. The OP article says give people BI for the rest of their lives. And that's really key. So, where do you get the capital? Picture this thought experiement: a big construction lot with 100's of workers building a large building. They are hammering they are nailing, work is going along great. Then, they run out of money. Work comes to a halt. "WE'RE OUT OF MONEY EVERYONE!" "HEY YOU, PUT DOWN YOUR HAMMER!" And everyone would. Out of money is like the worst thing you could be out of. Now try replacing the word money with "inches". Hey we can't finish the building because we ran out of inches. Sounds ridiculous right? But money isn't a real resource like wood or nails. Money is like inches. It's just a unit of measurement. You can't be out of inches. And the guy swinging the hammer doesn't really have to put down his hammer because the money is gone. So BI really has to go this far. We have to transcend money to the point where people just build stuff because they like to. We talking a form of government that's not capitalism, not communism, not socialism, not any word you've ever heard of before. BI needs a new "ism" word. How about inchesism?

Reply on news.ycombinator.com