What would happen if all of humanity don't need to work any more ?
What would happen if all of humanity don't need to work any more ?
In such a case, will the concept of money be wiped out from existence ?
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Depends on how much of our needs would be covered. Not needing to work to survive is different from not needing to work to live a comfortable life which is again different from living a luxurious life.
As someone who wholeheartedly supports Universal Basic Income, it should not let a person live a life of luxury. UBI should buy away all the poor though
Nah, I want Star Trek style post-scarcity.
And I want a Star Wars style lightsaber but let's be realistic
Our perception of poverty and luxury would rapidly change. Food and roof over head alone would quickly be considered inadequate.
Just look how in the rich parts of the world we consider running water, sewage, electricity and internet as something non-negotiable. In some places those are still luxury.
Which is why jobs will still be a thing. You can climb the ladder of luxury all you want.
This!!