One thing that must happen for this is the elimination of all nation-state imposed trade and labor barriers. No more immigration checks, no passports or visas: Free, global labor distribution.
Is that all?
turns off switch
I know, I’m disappointed that humans are humans, too.
It’s almost impossible to tell or coordinate.
What currency is the universal wage in? USD? EUR? CNY?
Is it the same everywhere? Do you adjust for purchasing power? How?
What you’re suggesting requires global cooperation on a scale that is inconceivable today. Nations would have to give up economic power in ways that no one would do today. You’d need a global government. We are nowhere near that and probably won’t ever be unless an extraterrestrial threat exists.
2-3 years ago, it would be great. Nowadays, I think it will just expedite the embrace of AI as an alternative, but I might be pessimistic.
Impossible when events like Tienanman Square are the outcome in some countries. It only takes one to upset a global unionization apple cart.