In such a case, will the concept of money be wiped from existence ?
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I’d be bored as hell. I enjoy my job and get a lot of satisfaction from it, so I’d probably still work.
I tell people I will work til I die, partly as a tongue in cheek jab at how bleak the future looks, but also because I find my job to be a good way to occupy my time.
Which is to be expected. You can still work you just would not need to in order to survive. I would be a librarian if I didn’t have to worry about income to feed, clothe and shelter myself.
Time will become the currency if other resources are unlimited.
Time keeps moving forward, and you cannot go back to the past.
We’d be forced to anyway
It’s called Star Trek
The economy in Star Trek is probably the simplest problem they’ve solved.
Depends on how much of our needs would be covered. Not needing to work to survive is different from not needing to work to live a comfortable life which is again different from living a luxurious life.
As someone who wholeheartedly supports Universal Basic Income, it should not let a person live a life of luxury. UBI should buy away all the poor though
Nah, I want Star Trek style post-scarcity.
And I want a Star Wars style lightsaber but let’s be realistic
Our perception of poverty and luxury would rapidly change. Food and roof over head alone would quickly be considered inadequate.
Just look how in the rich parts of the world we consider running water, sewage, electricity and internet as something non-negotiable. In some places those are still luxury.
This!!
Someone would start to make or do something for fun. Someone else would see it and want one. A market is born. They try bartering for a while, that gets too complicated, then someone remembers money worked pretty well for exchanging goods and services.
Not necessarily. Lots of people already release their “fun” things they make for free. If you had all your needs taken care of, you could release anything you made for free a lot more easily.
That being said, there will always be limits even if you don’t have to work, there are only so many major sports teams that can be owned by a single person. There can only be so many stays per night at fancy hotels in a particular city.
Even with biological needs satisfied human society creates social\cultural ‘needs’ that people will fight\work just as hard to acquire or maintain. ‘Keeping up with the Jones’ can create demand for literally anything. Unless we each get a genie that grants our every wish, we’ll find something to compete over and markets will develop around those.
Universal Basic Income should buy away the poor and make sure everyone is comfortable. Bartering with earned money is still allowed.
Historically, barter only tends to appear in communities used to a monetary economy when something temporarily disrupts the currency system. The more common pattern of commerce within communities not previously accustomed to currency is that goods are given in one direction at a time, and incur an informal social debt that may be eventually be repaid with reciprocal goods or by some other means entirely (e.g., support during community disputes).
everyone will get the same fixed wage, so they can buy what they want, but don’t deplete everything by stockpiling too many
I think this a misconcept about Universal Basic Income, or atleast my vision of it atleast. UBI should only buy away the poor and make everyone comfortable. Jobs would still be available, as UBI should not let one live a life of luxury, so you can go out and live the life you want if you have the drive. But if someone else doesn’t have the drive and just wants to coast by they should be able to without worrying about dying.
Let’s just make the baseline for everyone comfortable
The art we made would be amazing… and we’d instantly see life spans and QoL skyrocket.
Working is bad for your health.
What (if anything) does the state tax, and in what form do they require payment?
What makes you think we “need” to work now?
The fact that we do it when all our other needs are met, and get antsy if we’re prevented from working.
Food, water, a roof over your head…
Gonna need money, which is obtained through work
Well, if you knew that for the rest of your life you would have a home, clothing, food and water, internet and some spending money, what would you do with your time?
Many people would probably just relish doing nothing productive at all, like most animals in nature do when they have no immediate needs.
All that free time would probably inspire a renaissance of art and philosophy, probably personal education too, after all, you can do plenty of thinking on various topics if you have all day to do whatever you are in the mood for. But ultimately we would still need a real outlet for our creative and constructive urges, a way to meaningfully occupy our time.
Ultimately we would need a true common cause again that everyone can share in, like Starfleet in Trek is for mankind. A new frontier, exploration and discovery like humanity has not known since we first started sailing our oceans to seek out the unknown.
these people had a beautiful idea:
https://www.thevenusproject.com/
This plus benevolent AI = utopia. and we could be building it now, but capitalism is going to kill all of us instead. arm yourselves if you want to see life on this planet last another century.
I’d stop spending all my tome on trying to survive and poor all my hours into work I want to do instead of have to do. I have a ton of stuff I’d actually want to do that are very definately work but I can’t make a living doing it, so I don’t!
That movie is called Logan’s Run.
Time to grab me some Soma and check out who is on the carousel tonight!
