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Comment Re:Insurance rates (Score 1) 239

With fast networks it's even possible that the insurance companies could bid on outcomes as the accident was happening. Theoretically my insurer could throw my car into a ditch to avoid damage to a bmw coming the other way.

I might get to see the first car get diverted into a schoolbus to avoid a 50-million-dollar superduperhypercar. I'll have to dress for the occasion with my best fingerless gloves and head-worn goggles.

Comment Re:Gettin All Up In Yo Biznis (Score 5, Insightful) 419

I think these kids will avoid FPS games like the plague after this, but not because of any moral lesson, because there is almost none to be learned about FPSes here - since as you point out, FPSes are just games.

The real lesson will be "last time I asked dad for an FPS, he took us on an awful and depressing vacation of epic proportions, so I'm not going to touch them with a 30 foot pole now."

Comment Re:Arthur C. Clarke called it a long time ago (Score 1) 304

To start paying mincome in amounts well over minimum wage, a government will have to start competing with private companies, producing cheap goods with robotic labor essentially for free and selling them at market-competitive prices until all private competition is put out of business. Then they could be sold at-cost - in other words, those items can be part of your mincome. Tax revenue becomes less important as the government transitions to paying mincome in goods rather than dollars - eventually the goal is for most mincome to be paid in goods such that tax revenue from businesses can cover any dollars needed.

Comment Re:Arthur C. Clarke called it a long time ago (Score 1) 304

Or do you seriously think that a basic income would actually give people enough to do things that interest them beyond just the ability to merely exist.

Why not?

You should also consider that much of the money made working goes into continuing to work. The costs of commuting and paying others to do things you don't have time for are nothing to scoff at if you're making anywhere near minimum wage.

Comment Re:The problem with the all robotic workforce idea (Score 1) 304

Good question, of course there will be nobody to do it, and when this question hits the economy that will be the point when capitalism suddenly implodes.

In the meantime we're trying to fill the gap by producing more products for the 1% who can still afford to buy things, but even their consumption has limits - when this realization hits the economy, the question you posed will soon after.

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