exanime

There is zero chance any UBI model would keep the economy going in a mass layoff scenario UBI may keep people alive for a short while (few years) getting the basics needs but that's as far as it would go.

In practice, it will likely lead to periodic job market crashes due to overapplying to the remaining jobs, and possibly even revolts.

This is likely the mildest of outcomes

If AI is really as good as its evangelists claim, and the technology ceiling will rise enough. IMHO, even the LLM technologies are getting exhausted, so it's not just a training data problem, of which these AI evangelists littered the internet with, so they will have a very hard time going forward.

100% agreed. AI evangelists overhyped "AI" to get companies to commit more money than it's worth through FOMO. Exact same way CVS lost its panties to Elizabeth Holmes

The extra money comes from the customer no matter the system

Correct but with a tipping, the onus is on the consumer and the most affected would be the worker should the customer not have enough "compassion"... The owner has little to no risk and often even steals from employees

With a livable wage and no tipping system, the owner is mandated to pay a proper wage. They may choose to raise prices but then the onus is on them and also the risk. If they raise prices too much, they'll lose clients

And do you think that extra money comes from the owners?

A bouncer in a hotel? Even less ...

The term "news to me" clearly conveys the notion I am learning this new piece of data

I never even implied you were lying, I was just surprised never seen what you claimed

But If it is this important to you, here it goes: I was wrong, you were right. You have earned a place in the halls of the internet people who know more than others ... All praise to you

That could be it

News to me.... Never seen a rent a cop in a hotel here in Canada

Remember: under capitalism companies are legally obligated to pursue every last dollar they can possibly get, regardless of the damage it will do to the product, company, customer, or bystanders

This is not true. Please stop repeating this lie which has become the excuse for companies to be even more evil

https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits

All of what you are saying being true, how does it negate the statement of the previous poster?

Their point was clear, even a brain dead, vegetable humonculous is preferable to Trump for the next turn at president. Whether that solves the entire problem or not (it does not) is irrelevant

If Biden wins and we avoid apocalypse for a bit, we can then deal with the issue of a vegetable president and that is a much lesser issue to address

Hmmm maybe in America?

In Canada I can't remember the last (or first) time I saw a rent a cop in a hotel

He never answered any question... But Biden is old

BuT it's oK BecAUse wE Know hE Lies