Bill Gates says a 3-day work week where ‘machines can make all the food and stuff’ isn’t a bad idea::“A society where you only have to work three days a week, that’s probably OK,” Bill Gates said.
Bill Gates says a 3-day work week where ‘machines can make all the food and stuff’ isn’t a bad idea::“A society where you only have to work three days a week, that’s probably OK,” Bill Gates said.
Isn’t this the primary argument for universal basic income? If you’re keeping unnecessary jobs around just to give people something to do, you’re not actually keeping them for contributions to society… In the long run ubi could probably even be cheaper than paying to prop up obsolete and wholly unnecessary industries.
If everyone gets UBI, I assume it is still optional to work. Otherwise no one would produce goods and services that we consume in order to live. Or at least fixing the robots.
I assume the incentive for that is additional income.
Wouldn’t this then create an even larger gap in income inequality? And further dilute the spending power of those who are only able to collect UBI?
It would, yes. But, the argument is that a person who wants a higher quality of life than “simply living” would be expected to work.
The right to life is, this way, protected - the right to a quality life, similar to today, would still have to be earned. This is in addition to the social pressure to work.
Also, one idea is that UBI would give people the financial space to pursue their own interests which in turn could easily --at least in some cases-- be turned into productive businesses of their own.