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1) What makes you think your mother would be "competing" against people receiving UBI? Economy is not a single sum game, and there are several studies suggestin

by jascii 7y ago

1) What makes you think your mother would be "competing" against people receiving UBI? Economy is not a single sum game, and there are several studies suggesting that the boost it would give the economy would actually free up more money for social services. 2) I am not a Yang expert, and agree with you on the dangers of an information autocracy, but from what I understand he is not against breaking up big-tech, he just doesn't believe it will by itself solve the fundamental problems society currently faces with respect to tech and believes other solutions are necessary.

kp98 7y ago
1) In supply limited markets like housing, especially low income housing, there's definitely competition for that limited supply. Then there is inflation in general, which will become a factor to some extent. Bertrand's trap comes into play on highly substitutable goods like apples, so there wouldn't be much competition there, but where there is inelasticity of demand you get inflation. For poor people, this manifests in decreased quality of healthcare and less housing optionality. Healthcare example going back to my mom: she needs to get an in home nurse in the next year or two, or to be put in a home, she has $1200 a month to pay for this. With Yang's plan she would be competing against people who potentially have enough saved to pay on their own, but also have a bonus $1000 a month. This ultimately shifts purchasing power away from people like my mom. Example in housing is the same, but replace a nursing home for an actual home. 2) Yang has actually been around the map on this, the first few months he was against it, lately it has been for and against? He seems uncertain, but either way I don't really appreciate the uncertainty. I do think they should be broken up, and I think Yang should be knowledgable enough of the cause effect relationship to make a decision. Another way to look at this is that the guy who is saying that AI is going to replace all our jobs doesn't seem to have a grasp on the idea of antitrust in technology. It is also a strawman representation of antitrust, no one said it will solve all our problems; antitrust is a nuanced issue that has extreme relevance today, and it takes someone who is preceptive to understand it. Yang presents himself as this preceptive person, and foretells our ruinous future with AI, yet he doesn't understand the issue.
- jascii 7y ago
  1) That assumes these markets stay supply limited, which has often showed not to be the case. Even against all predictions. I know several nurses who would jump at the chance to leave the hospital infrastructure and help people on a more personal level if they could retain some level of financial stability. An UBI could provide that stability. It is necessary to see what makes these markets supply limited and address those issues if needed. This stands apart from the questions of UBI. 2) I find the fact that he does not have a simple answer to a complex problem a breath of fresh air in our political climate.

by jascii 7y ago

kp98 7y ago

1) In supply limited markets like housing, especially low income housing, there's definitely competition for that limited supply. Then there is inflation in general, which will become a factor to some extent. Bertrand's trap comes into play on highly substitutable goods like apples, so there wouldn't be much competition there, but where there is inelasticity of demand you get inflation. For poor people, this manifests in decreased quality of healthcare and less housing optionality. Healthcare example going back to my mom: she needs to get an in home nurse in the next year or two, or to be put in a home, she has $1200 a month to pay for this. With Yang's plan she would be competing against people who potentially have enough saved to pay on their own, but also have a bonus $1000 a month. This ultimately shifts purchasing power away from people like my mom. Example in housing is the same, but replace a nursing home for an actual home. 2) Yang has actually been around the map on this, the first few months he was against it, lately it has been for and against? He seems uncertain, but either way I don't really appreciate the uncertainty. I do think they should be broken up, and I think Yang should be knowledgable enough of the cause effect relationship to make a decision. Another way to look at this is that the guy who is saying that AI is going to replace all our jobs doesn't seem to have a grasp on the idea of antitrust in technology. It is also a strawman representation of antitrust, no one said it will solve all our problems; antitrust is a nuanced issue that has extreme relevance today, and it takes someone who is preceptive to understand it. Yang presents himself as this preceptive person, and foretells our ruinous future with AI, yet he doesn't understand the issue.

jascii 7y ago
1) That assumes these markets stay supply limited, which has often showed not to be the case. Even against all predictions. I know several nurses who would jump at the chance to leave the hospital infrastructure and help people on a more personal level if they could retain some level of financial stability. An UBI could provide that stability. It is necessary to see what makes these markets supply limited and address those issues if needed. This stands apart from the questions of UBI. 2) I find the fact that he does not have a simple answer to a complex problem a breath of fresh air in our political climate.