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Changing my mind on UBI | the singularity is nearer

geohot.github.io · 737 words · saved by 1 readers

I got this e-mail yesterday about UBI, and it made me change my position.

I got this e-mail yesterday about UBI, and it made me change my position. I think you’re misunderstanding the basic premise of UBI, as it’s in the name it’s basic income, for people to cover their basic human rights, as we should be striving for in our society. If every person on the planet would start receiving 300$ per month of course the prices would surely adjust, but as it’s the case, supply and demand would put the priorities in the right place (if the eggs are being sold for 500$ a crate, I can assure you people will grow chickens). Ignoring the nonsense about “basic human rights” (unli

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