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jfengel 5 hours ago

There is currently more than enough total production for people to live quite well.

If AIs simply replace people, the same total work gets done. It's just a matter of who gets the profits from it.

It won't be that simple, to be sure. Nonetheless we already produce far more than subsistence, and there's no reason why a UBI would change that. If it increases the price of some commodities because now everyone can buy them, I'm ok with that. It already horrifies me that some go hungry in the fattest nation in history.

9x39 5 hours ago | parent [-]

If that were true, we wouldn’t see the inflation we do from more dollars chasing the same (or less) goods.

Even if it were true, you still have distribution. You can’t get goods across a nation, let alone the globe, without significant inputs.

Are you checking the local grocery store and extrapolating globally?

brikil 4 hours ago | parent [-]

Inflation is more likely when the net number of dollars increases without a corresponding increase to production. Taxing earners at a higher rate doesn’t do this. Printing money at the central bank does.