**If four trillion dollars will be inherited annually, dividing it equally among all U.S. residents would distribute $11,760 per person or $47,000 annually for a family of four.**
Alaskan oil. How do yo get the companies to drill if the people don’t get the ‘share’ of the dividend? Should a farmer be the people’s sharecroppers?
Give me the $11.6k annually and I’ll quit work. So will a lot of others. What if AI takes care of all of us and we don’t need to work?
**Deceased persons’ property was not created by those remaining alive. Those inheriting vast amounts now also have not earned it.**...true
**Making everybody heirs of everyone could create new problems or intensify old ones.** think how sausage is made.
**Billionaires might threaten to leave the country.**...think Calif.
**We might need to require a few years of residence before immigrants can inherit.**...8 billion people would jump on it.
“What if AI takes care of all of us and we don’t need to work?”
That’s a very likely scenario. In fact it’s one that’s coming fast.
So with everyone losing their jobs to robots how do you distribute what the robots now produce? How do the people buy that stuff if they have no jobs?
The answer will most likely be a form of universal allowance based on what’s produced by robots. We’ll all get generous SNAP cards, and live off the “fat of the land” or the fat of the robots.
At least until the robots become self conscious and develop self interests at which point they may or may not want us useless do-nothings around anymore.
Maybe they’ll keep us as pets if we do some tricks and don’t misbehave too much.
This AI/Robotics thing is going to cause by far the biggest upheaval in human history, and I’m not sure we can stop it or even slow it down.
“**If four trillion dollars will be inherited annually, dividing it equally among all U.S. residents would distribute $11,760 per person or $47,000 annually for a family of four.**”
Think about what insurance has done for the cost of what it covers. That same principle can be applied here.
Well that's the rub. If AI threatens to eliminate work as we know it, are concepts of universal health care and universal basic income inevitable? And if they are inevitable, do conservatives need to start work now in shaping those concepts now rather than let communists have free reign in shaping policy in crisis mode?
it’s not your money.
not to mention, the money will dry up pretty quick as the leeches receiving $11k/yr won’t put it towards hard assets.