Very little thought or planning has gone into the "great AI changeover" being forced upon us. Short term gain and greed win again. It feels like we are being led to the cliff. The benefits of a UBI are well established, even when inadequate like a $1K. We are not lacking in ideas or pilot projects. We need a breakthrough to remind people of our shared humanity.
As far as the AI dividend, it should be paid for by the tehcbroligarchy who made their money off others' labors and are now causing a mass disruption. There is a lot of precedent for these "retraining" programs and cash benefits. They are usually government run.
There should be a Pigouvian Tax (the actual social cost) on these mega corporations, and to prevent that, they bought Trump. The impact of AI will ripple out in all directions, but especially the supply chain, the food chain, the consumer chain, and of course the environment. Without intervention, things are going to spiral even further. The cliff is just ahead.
Basic Income plans assume that money can compensate for the loss of work, which in turn assumes that the only thing work provides one is a means for one to acquire and consume. Neither assumption is obviously true. Someone once said — was it Ruskin? — that the reward for work is not what you get for doing it but what you become by doing it.
GBI cannot work. Once it is universal, the price of everything will rise by exactly the amount of disbursement. As such, whether this experiment "works" or doesn't is immaterial, because it won't press on the issue of scale.
As long as there is scarcity in the key elements of life (land, health, and food), then GBI will just be inflationary, like giving everyone a raise.
If we want to solve the problem, we have to take back the land.
Who can get by on $1000 per month? My rent's more than twice that.
Very little thought or planning has gone into the "great AI changeover" being forced upon us. Short term gain and greed win again. It feels like we are being led to the cliff. The benefits of a UBI are well established, even when inadequate like a $1K. We are not lacking in ideas or pilot projects. We need a breakthrough to remind people of our shared humanity.
As far as the AI dividend, it should be paid for by the tehcbroligarchy who made their money off others' labors and are now causing a mass disruption. There is a lot of precedent for these "retraining" programs and cash benefits. They are usually government run.
There should be a Pigouvian Tax (the actual social cost) on these mega corporations, and to prevent that, they bought Trump. The impact of AI will ripple out in all directions, but especially the supply chain, the food chain, the consumer chain, and of course the environment. Without intervention, things are going to spiral even further. The cliff is just ahead.
1,000$ a month ain't shit
Basic Income plans assume that money can compensate for the loss of work, which in turn assumes that the only thing work provides one is a means for one to acquire and consume. Neither assumption is obviously true. Someone once said — was it Ruskin? — that the reward for work is not what you get for doing it but what you become by doing it.
GBI cannot work. Once it is universal, the price of everything will rise by exactly the amount of disbursement. As such, whether this experiment "works" or doesn't is immaterial, because it won't press on the issue of scale.
As long as there is scarcity in the key elements of life (land, health, and food), then GBI will just be inflationary, like giving everyone a raise.
If we want to solve the problem, we have to take back the land.
Now we just need to figure out how to do this sustainably at the nation state level...
First, we need to dramatically increase that amount.