Basic income naturally scales up with improvements in productivity driven by automation and reduces labor market friction and enables adjustment to changing conditions.
PWA beginners increasingly obviously pointless, wasteful soul-crushing make-work with progressive automation and increases labor-market friction obstructing adjustment.
The latter works as a short-term collapse in demand for a kind of work that is expected to recover, the former is a long-term alternative to means-tested else programs that mitigates adverse incentives and other inefficiencies.
Both are potentially useful but don't address remotely the same set of problems.
I don't know what this sentence is supposed to mean. Can you clarify?
I dislike Basic Income because it boils down to a payoff to prop up otherwise unbridled capitalism.
I am a capitalist. Markets, innovation, and all that are beautiful.
But, we take too much. There must be more investment in the mutual, public good.
Here's the link if you have some time to read all the docs... https://basicincome.ycr.org/
And to be clear, the intent is good. No problem.
I do not see a positive outcome, as in a healthy, balanced society with robust and meaningful checks and balances.
We need that. I do not trust the outcomes without it.
It does seem as though YC is at least looking to see if this is truly a good idea or not based on the way the experiment is being conducted.