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User: Quaniz

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  1. Shadow prices for robots on Distribution of Wealth in a Robot-Driven World · · Score: 1

    Governments charge a shadow price for quantities of pollution from companies. The government uses this income to pay for the "cost of pollution" such as clearing up the pollution, health problems arising from the pollution etc.. The idea is to charge shadow prices that are equal to the social cost of polution. There are costs to society assosciated with replacing the human workforce with a robotic workforce. Companies should be charged shadow prices for replacing human labourers with robotic labourers. Unemployment compensation can then be handed out to people that are unemployed. Let's assume that this model is implemented... Consider the extreme situation where almost all human labourers are replaced with robotic labourers (Some work will still require humans). Humans will receive reasonable unemployment compensation. All humans will be equally well off, except those that own business or that are employed. People that are employed will mostly be researchers or any profession where the customers prefer humans (Some people will always prefer human-interaction, like some people today still prefer not to wear clothes.). However society will have some problems, people will lose a sense of purpose. Sounds like utopia? In actual fact the robots will be the low paid "oppressed people" without rights. And you can be sure that there'll be people that protest for "robot rights"!! ;)