How do you feel about UBI?

[Anonymous]

Anonymous wrote:

Anonymous wrote:A friend who works closely with tech leaders to discuss AI said they all believe this is the future. Basically large groups of unemployed people being "managed" while a very small portion becomes super wealthy. The vision she described was horrifying and it has haunted me ever since.

So big government and rich gov insiders/politicians.
And everyone else.
Sounds like most countries in the world today.
Sounds like socialism.

No, more like big tech vs everyone else.

[Anonymous]

Humans will just become energy sources ala The Matrix

[Anonymous]

Anonymous wrote:

Anonymous wrote:Won’t UBI just lead to massive inflation like the pandemic payments did?

Inflation is a result of money supply. If the median HHI right now is $80k and the median UBI HHI is $50k...it will be deflationary. Maybe people will be able to earn more than $30k on side hustles, but probably not.

Of course, much of the theory on why UBI would be $50k comes from the idea that AI and robots drastically reduces the costs of things...a car will now cost 50% less if few people are needed to produce it and/or people stop owning cars outright and just subscribe to a driverless car service...food production won't need labor as robots do all the farming or meat packing or whatever...etc.

The problem is that everyone is very fuzzy on how UBI will work. Would seem that companies will need to be taxed at like 80%+ to support UBI payments.

That largely depends on where UBI comes from. If the government prints or borrows the money, it will be inflationary since the money appeared from nowhere. If it comes from taxes, salaries will stagnate. There will be more competition for certain foods, and some prices will up unless there is a change in the way that good is produced.

Taxing companies at 80% will see them quickly offshore. You will be forced to use an income tax.

[Anonymous]

If you go back about 200 years about 70-80% of people were farmers, now is is about 1.5%. Technology dramatically changed farming. A modern combine would blow the mind of someone from 1800. But that 70% didn’t just stop working long term, new jobs were created.

Even if AI takes away 70% of jobs: in the long term, people will find other occupations.

[Anonymous]

Anonymous wrote:There will come a time when AI evolves to a point where it has the ability to replace almost every job done by a human. At that point the only viable path for humans to survive would be UBI and universal healthcare.

How many years away is the U.S. from UBI?

I’d support UBI and basic healthcare now. If we can have billionaires, we can everyone’s basic needs met.

[Anonymous]

Anonymous wrote:

Anonymous wrote:There will come a time when AI evolves to a point where it has the ability to replace almost every job done by a human. At that point the only viable path for humans to survive would be UBI and universal healthcare.

How many years away is the U.S. from UBI?

I’d support UBI and basic healthcare now. If we can have billionaires, we can everyone’s basic needs met.

If self-made billionaires can invent and develop businesses which make them wealthy, everyone can meet their own basic needs for themselves. Envy is not a substitute for ambition, motivation, and personal effort.

[Anonymous]

lol they won’t release SNAP funds, you think they’ll give UBI …. As if. They care not a whit if we starve.

[Anonymous]

Anonymous wrote:Taxing companies at 80% will see them quickly offshore. You will be forced to use an income tax.

You think we’ll be the only country with superintellent AI and robots? Think again.

[Anonymous]

Anonymous wrote:

Anonymous wrote:There will come a time when AI evolves to a point where it has the ability to replace almost every job done by a human. At that point the only viable path for humans to survive would be UBI and universal healthcare.

How many years away is the U.S. from UBI?

I’d support UBI and basic healthcare now. If we can have billionaires, we can everyone’s basic needs met.

If we split all of Bezos' wealth, $260 billion, across 400 million Americans, that's a one time $6,500 payment. We don't have enough Bezos' for your scheme to work.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There will come a time when AI evolves to a point where it has the ability to replace almost every job done by a human. At that point the only viable path for humans to survive would be UBI and universal healthcare.

How many years away is the U.S. from UBI?

I’d support UBI and basic healthcare now. If we can have billionaires, we can everyone’s basic needs met.

If self-made billionaires can invent and develop businesses which make them wealthy, everyone can meet their own basic needs for themselves. Envy is not a substitute for ambition, motivation, and personal effort.

Troll.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There will come a time when AI evolves to a point where it has the ability to replace almost every job done by a human. At that point the only viable path for humans to survive would be UBI and universal healthcare.

How many years away is the U.S. from UBI?

I’d support UBI and basic healthcare now. If we can have billionaires, we can everyone’s basic needs met.

If we split all of Bezos' wealth, $260 billion, across 400 million Americans, that's a one time $6,500 payment. We don't have enough Bezos' for your scheme to work.

This is a brain dead take on PP’s post. I imagine you think you’re intelligent and self-made, but you clearly couldn’t think your way out of a paper bag.

[Anonymous]

This is a brain dead take on PP’s post. I imagine you think you’re intelligent and self-made, but you clearly couldn’t think your way out of a paper bag.

He's right, though.

If you think that that UBI can work and have a way to pay for it, show us the math.

[Anonymous]

Anonymous wrote:

This is a brain dead take on PP’s post. I imagine you think you’re intelligent and self-made, but you clearly couldn’t think your way out of a paper bag.

He's right, though.

If you think that that UBI can work and have a way to pay for it, show us the math.

Why start with math that is clearly too complicated for you? You lack basic reading comprehension. And critical thinking skills.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There will come a time when AI evolves to a point where it has the ability to replace almost every job done by a human. At that point the only viable path for humans to survive would be UBI and universal healthcare.

How many years away is the U.S. from UBI?

I’d support UBI and basic healthcare now. If we can have billionaires, we can everyone’s basic needs met.

If we split all of Bezos' wealth, $260 billion, across 400 million Americans, that's a one time $6,500 payment. We don't have enough Bezos' for your scheme to work.

But it's free money! Too bad for Bezos, of course, but yay for the rest of us who did nothing to deserve it, and more than wealthy people are somehow liable for satisfying the wants and desires of others.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There will come a time when AI evolves to a point where it has the ability to replace almost every job done by a human. At that point the only viable path for humans to survive would be UBI and universal healthcare.

How many years away is the U.S. from UBI?

I’d support UBI and basic healthcare now. If we can have billionaires, we can everyone’s basic needs met.

If self-made billionaires can invent and develop businesses which make them wealthy, everyone can meet their own basic needs for themselves. Envy is not a substitute for ambition, motivation, and personal effort.

Troll.

Indolent leech. So there.