It’s true that Intel probably shouldn’t be handing out UBI, but if companies want to promote how much they don’t need people’s labor anymore, than that should be taken into consideration in policy making.
Somewhere along the line we lost one of the basic things underpinning our current economic structure – that corporations are supposedly better at allocating, distributing, and utilizing resources than a centrally planned economy with a governmental overlord – it sure sounds to me like Intel and other companies that are handing out pink slips for every bit of thing they automate cannot find anything to do with the human resources they’ve been allowed.
To put it much more simply, corporations aren’t allowed to exist purely because they “make money”. One of their primary functions is to employ people.
Daggity@lemm.ee 11 months ago
It’s not a great place to be. Intel and other major corporations buy political influence. Politicians act in the best interests of their benefactors, and for most, that’s not the voters. I don’t think it’s practical either, but maybe there’s some use in including these kinds of political ideas when these things happen, as a reminder that they wield political influence.