Comment by lanfeust6
5 days ago
It occurs to me a highly-automated UBI future should increase risk tolerance for average people. We (probably) won't have to work to survive with a baseline level of comfort, but it would be meagre.
If there's nothing but upside to enterprising, and less opportunity-cost (vs subsistence), we might see some innovative or very strange things.
Yes, one of the most well-known arguments in favor of a social safety net is that it can help spur innovation.
Unsurprisingly, people are more willing to try starting a business if doing so and having it fail doesn't mean you might lose access to healthcare and die from an easily curable malady.