Tuesday, February 21, 2017

Here I will keep my up-today main comments on Universal Basic Income (UBI)

Years ago I wrote: “We need decent and worthy unemployments”. With ever growing structural unemployment threatening, I am sure that a Universal Basic Income is a fundamental tool for achieving that. 

Here follows my current thinking on UBI:

Universal Basic Income eats directly into the redistribution profiteers’ franchise value, and so they will be its strongest opponents. Their opposition can take many forms, like that of enthusiastically supporting UBI, but cleverly backstabbing it at any possible opportunity. We must always be alert!

There are some fundamental mistakes that could kill UBI, even after its inception, and so therefore we must see to that the enemy does not exploit any of its possible Achilles’s heels.

1. UBI is strictly for the population of working age. Children and elderly have their very specific needs that should be satisfied with different tools.

2. UBI shall strictly be related to working conditions, like 70% of the lowest fulltime salary; and NOT to any poverty related threshold.

3. UBI needs to be 100% funded with real and clearly identifiable sources of income, and not with any debts. One possibility is to apply to robots and similar automations those payroll taxes and similar that applies to humans. As am added benefit that would also allow for a more efficient allocation of labor/capital resources.

4. The more UBI is funded by sources linked to other socially relevant matters, like from carbon taxes to help stop pollution, the better.

5. UBI must always be kept as a citizen to citizens affair and so, ideally, it should be enshrined in some type of constitutional protection, so that populists trying to serve their own ambitions do not capture it.

Saturday, February 18, 2017

Here some disorderly lose cannon questions about life in the just around the corner Robot/Automation La-La-Land

The more varied and crazy questions we pose, the better chance we have to prepare ourselves... and so, in no special order, here we go with some tweet-sized ones!!!

When Mexicans, Chinese and American compete for the jobs the robots are taking, is that not just a Lilliput/Blefuscu war?

Why is how to handle jobs being productively taken over by robots/automation, not sufficiently high on our agendas?

How will net salaries not paid to robots be used: Lower prices, higher salaries, bonuses or dividends?

And when robots substitute for humans, what are the consequences for a nations tax base?

Is not falling working-age population numbers quite irrelevant with so many robots volunteering to work? 

When 2nd class robots don’t cut it, how to we assure ourselves we get the 1st class ones?

Having your nation being “Second” is livable, but is having your robots not being “First” that?

The better the robots, the more we lose human jobs, the more the need of a Universal Basic Income (UBI). Are we prepared?

Universal Basic Income threatens the redistribution profiteers so they will try to stop it. How can we stop them?

The lower trade tariffs and human salaries are, the more competition do robot manufacturers face. Is that good?

The higher the trade tariffs and human salaries are, the more will robot manufacturers profit. Is that good?

The better the robot, the more it can produce for us, but the more human jobs it can take from us. So what do we do?

Should we allow 3rd class robots, only because of unfair competition, like no payroll taxes, to replace humans?

In order to force our robots to become 1st class, we need to tax them, quite a lot. 

If land A has the better robots how can B compete: with tariffs or with lower dividends, salaries, bonuses and UBIs?

If my grandchildren’s future depends on the quality of their robots, is it really a sin to engage in some industrial espionage?

To who does robot productivity that supplants human productivity belong: to all, or to the 0.00000001 percenters?

How can I help my grandchildren to be needed as sane and happy humans, in tomorrows’ Robot/Automation-land?

What are unions to do with a shrinking labor base? Will tomorrows CEO’s need a union? What if robots want to unionize?

What’s better intelligent artificial intelligence or sort of dumb artificial intelligence we can still sort of better control?

When supplanted by robots how can we avoid being thought of as an unneeded human surplus?

If we humans are supplanted by robots, are we doomed to join Jethro Tull’s “Heavy Horses” in retirement?