JimBowie1958
Old Fogey
- Sep 25, 2011
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- #21
Because:Why?
Why is a "robotics tax" the thing we must have? To replace income tax? Does not the article you've cited propose that productivity will increase to the point that the cost of production becomes low enough to all but make everything free? How much revenue can government need in such an environment? Why will people need to make necessities in such an environment?
The economic and behavioral model that illustrates the scenario you've put forth exists around the world. It's called a household with children. What have we in those households? A situation wherein the kids have their necessities provided at no real cost to them and they do what they must to satisfy, purely for the sake of satisfying them, their interests. If we at some point arrive at a state whereby that is the circumstance of adults, I don't see much reason to expect terribly different behaviors and requirements.
1) the governments programs are not going to magically vanish. People will still need Medicaid, payments from the Social Security, we will still need a miltiary budget and with the ever growing "War on Terror" it will increase as well, etc.
2) The robotics tax would replace lost income taxes, yes, for each human job the robot replaces.
3) While productivity increases with robotics, that is not the sole consideration of the ipacts the Robotics Revolution will bring. People will still have needs that have to be met by the government.
4) Those products will never be free, but the costs of production will be very small. That equates to bigger profits, not free hand outs if the past is any guide on this sort of thing.
5) Most people will be able to make their own consumables but there will still be a perceived need for cash, but the less of the latter the better.
6) Adults often want what they see as just out of their reach FOR NO REASON AT ALL, and advertisers have used this for selling worthless crap for decades now. I doubt that that will change EVER.
I think you totally missed the point. The author proposes in his conclusion that where we're headed is a world in which the role of money is diminished to the point that price ceases to be a determinant in people's decisions about what to obtain and what not to obtain. In such an environment, what need be there for governmental revenue on the scale and of the scope we have today? One can't very well propose as grand a paradigm shift as the author did and then attempt to consider existence under than paradigm using the same models we have controlling the current paradigm.
I dont think I missed that, covered it under #4.
4) Those products will never be free, but the costs of production will be very small. That equates to bigger profits, not free hand outs if the past is any guide on this sort of thing.