…“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.”…
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.