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UBI governance and automation #133

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@orthecreedence

This is an idea that's been swimming around in my head for quite some time: UBI automation. Instead of having people vote on what the UBI should be, instead pick a wide selection of participants in these four industries:

  • Food
  • Housing
  • Healthcare
  • Education

For each industry, do a 1 year moving average of consumer costs, then sum these averages all together. What you get is the average cost of basic necessities. Now, you can have people decide on a UBI multiplier for that value, 0 <= m <= 2 such that the final UBI amount (yearly) is:

m * (mavg(food) + mavg(housing) + mavg(healthcare) + mavg(education))

The governable factors here being m and which blocs are selected for the various industries. This system acts as a guide for the UBI value as opposed to people setting an arbitrary value.

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    layer:coreRegarding the core protocol (cost tracking, transactional fabric, etc)project:papertag:cyberneticsFor issues relating to systemic automationtag:economicsRegarding economics: dynamics, costs, incentives, etctag:governanceHaving to do with governance in general (global,companies, resources, etc)type:discussionDiscussion or ideas for future direction, input welcome (don't be shy)

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