Everything will cost so much less that Universal Basic Income wouldn’t need to be anywhere near as high as it is right now to be “living wage”.
Assuming companies would pass the saving to their customers, which is usually not the case these days.
Comment on Tractor-trailers with no one aboard? The future is near for self-driving trucks on US roads
abhibeckert@lemmy.world 6 months agoBut on the flip side, you also have to consider how much cheaper, well, literally everything, will be when it doesn’t cost $30 an hour to move a product from one place to another?
Everything will cost so much less that Universal Basic Income wouldn’t need to be anywhere near as high as it is right now to be “living wage”.
Everything will cost so much less that Universal Basic Income wouldn’t need to be anywhere near as high as it is right now to be “living wage”.
Assuming companies would pass the saving to their customers, which is usually not the case these days.
Remember when prices went down when self checkout became a thing everywhere?
I dont.
Oh you sweet summer child. There is zero chance that the cost savings will be passed on to consumers. In fact, I’ll bet prices go up after an initial plateau.
At first, profits will rise due to the lack of $30/hr costs - and shareholders will celebrate the innovation.
Then when the migration to self-driving semis is complete and that profit levels out, shareholders will be pissed that the profits don’t continue to rise - so prices will rise again.
But on the flip side, you also have to consider how much cheaper, well, literally everything, will be
No, it is not true. Trucks are big. In total, transportation is dead cheap.
When has the price of anything ever come down?
I’ve been around for quite some time now, and I’ve seen things get pretty damn advanced, but not once have I EVER seen the prices of something go down.
It doesn’t cost much to have a driver as compared to the value amd volume of product. The expense is the fuel.
But of course! Trickle down economy at work! /s
Those mining trucks don’t have to deal with Altimas.
callouscomic@lemm.ee 6 months ago
Nothing will be cheaper. It’ll go to profits.