
#consumption which is the basis of #consumerism requires #disposable income. If you have massive labor displacement, especially the Middle Class, because of #AI, then one of the largest portions that underpins society and wealth, will not be able to purchase.
Scott Santens@scottsantens
"Money and our psychological attitude to money is a major obstacle to a proper development of technology enabling it to do what it is supposed to do - that is to save labor, and to produce goods, services, and so on..." Think of UBI as a tech dividend. scottsantens.com/yeah-but-who-i…
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