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I may not be understanding what you mean by "working". The Universal is that everyone gets a guaranteed amount, maybe every month, which they can allocate. They
by pedalpete 2y ago
I may not be understanding what you mean by "working". The Universal is that everyone gets a guaranteed amount, maybe every month, which they can allocate. They can use it themselves to earn, or they can be paid by others to use theirs.
Money is actually no different really, except that we trade money directly goods. I look at this as a layer of abstraction which provides a re-framing. I don't think we're going to get rid of money, and will money move to be an allocation of AI credits? Maybe, but I hope not.
When someone is given $500/month, I believe the reaction for most people, outside of covid times when spending was a challenge, is, what will I spend this on. Given a resource that has an intermediate step and could be valuable to many people, the mentality may change to "what should I sell this for?".
The person can chose to donate it to a cause they feel valuable, sell it to the highest bidder, or multiple options in between.
That's my hope anyway, but if it was just dropped in tomorrow without the right social guardrails in place, I doubt it would work out like this.
As far as scalability, with hundreds of billions being spend on compute in order to train AI, I doubt scalability of distribution would be a major issue.
- lesuorac 2y ago> I may not be understanding what you mean by "working" ... > They can use it themselves to earn, or they can be paid by others to use theirs. ... > Given a resource that has an intermediate step and could be valuable to many people, the mentality may change to "what should I sell this for?". Well, with your initial comment it sounded much more like you intended for people to get a resource (compute) that they themselves exploit to generate revenue (cash) as opposed to just giving people revenue (cash). Which to me defeats the whole point of UBI and is likely to be worse as whatever resource picked is in no way going to be exploitable by everybody or sellable for the same price as it was obtained by the government. > As far as scalability, with hundreds of billions being spend on compute in order to train AI, I doubt scalability of distribution would be a major issue. I guess with the covid stimulus being in the trillions, spending just billions wouldn't have the same scalability problems.
- pedalpete 2y agoA bit of a mind-f*ck I hadn't considered before, but what if UBI isn't distributed by the government?