AI is going to be massively deflationary. How useful is UBI when the cost of goods and services approaches zero due to automation?
With that said, I can imagine the federal reserve will then helicopter in money to everyone in order to reach its 2% inflation target, which kinda sounds like UBI.
AI is going to be massively deflationary. How useful is UBI when the cost of goods and services approaches zero due to automation?
With that said, I can imagine the federal reserve will then helicopter in money to everyone in order to reach its 2% inflation target, which kinda sounds like UBI.