…“Eventually, we need some form of universal basic income for everybody while they work and once they retire,” Roubini added. “We’re already on the way.”…
“We’ll have either ex-post distribution—that is universal basic income—or we’ll have it ex-ante. Ex-ante means some form of socialism,” Roubini explained. “Essentially, the government is going to take over some fraction of the big tech firms.”
He said AI companies are already willing to hand over stakes to the government, alluding to a Financial Times report that said OpenAI has discussed giving 5% as a way for the public to share in the upside of AI.
Altman’s proposal would entail other AI companies providing similar stakes, although it’s not clear if his U.S. rivals would be willing to do so.
As a result, Roubini believes universal basic income or socialism is inevitable, saying “We’re going already in that direction, effectively.”…
…he called it optimistic, given that it assumes 10% growth and “machines doing all the work.”…
So he has nothing but empty platitudes while they continue to rip us off at every angle.
UBI will be what they promise while they rape everyone and everything. Then when they have it all, they’ll all the sudden be too busy or it’ll be too expensive for UBI.
I’d say the fact that billionaires are even talking about UBI like it’s on the table is just the redirection while they gut your social services. “Don’t worry about us taking your healthcare, or your food stamps. You’ll have UBI someday!” Pay no attention to the fact that you can’t eat a promise. Don’t acknowledge that UBI wouldn’t address any cost issues. Even if they did make a real UBI someday, it would eventually not keep up with inflation, like everything else, by design.
If we want social safety nets, we need people who will build up socialist structures, not capitalists dangling yet another proverbial carrot on a stick.
Yea.
It’d probably help everyone if they considered how hard it is for them to get concessions even when they have levers of power through labour strikes and some form of direct involvement in the economy and government.
What happens you’re just a worthless leech? What happens when they’re not paying enough to sustain you? What will you do? Vote against them? How long will the vote be given to “the leeches”? And then you’ll protest? How long before a massive robot army is both unbeatable and disposable?
I don’t understand how more people aren’t talking more about what mass disenfranchisement broad UBI implies. To be simply exiled from society, not freed from it, seems a natural endpoint. Especially if it’s driven by literal human replacement machines.
That’s a good point, even if we somehow get to the point where the federal government will implement UBI, it will still be under constant attack unless we also overhaul how the government works. And/or maintain better candidates and voters.
We will absolutely get UBI, or violence will ensue. That said, UBI will not look like humans being able to focus on arts and the humanities. The more likely scenario will be like that found in “The Expanse” book series where “life under basic” will be a threat, not a promise.
People are very negative in this thread but UBI is a good idea and AI tools offer enough pressure to make UBI a reality. This is good and I hope this happens.
China will get UBI. The only concern is if USA does it before or after China and the way things have been going it will be after.
Regardless of people’s opinion on UBI the jobs are going away. China just started the process decades ago. USA did not. China chose to plan for an orderly transition. USA chose Republicans.
China has a very weak social welfare system compared to Europe, where (in some countries) UBI already exists for the elderly and minimum income guarantees are much higher than in China, even when correcting for purchasing power. The dibao (less than 200 USD per month) alleviates extreme poverty to some extent but not much more. Its European equivalent goes up to about 2000 USD per month.
