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@billy99k Great question; funding UBI is the crux of the debate. In Nigeria, I’ve seen industries like taxi services get upended by apps like Uber and Bolt, le
by mockingloris 1y ago
@billy99k Great question; funding UBI is the crux of the debate.
In Nigeria, I’ve seen industries like taxi services get upended by apps like Uber and Bolt, leaving union leaders/cabals scrambling for the scraps.
AI could amplify this, automating jobs faster than new ones emerge.
One idea is taxing automated systems—say, a levy on AI-driven platforms or robots replacing workers.
This could redistribute wealth without assuming zero employment. For example, Nigeria’s government already taxes digital platforms; scaling that to fund UBI isn’t unthinkable.
What do you think about targeting automation profits specifically?
└── Yarn me
- billy99k 1y agoThis will work in the short term, but over time, less and less companies will want to fund something that will be taxed at such a high rate. I also think that if this much tax money is going to enable people to not work, the people paying taxes should have more control over how the money is used. If health care is universal, more control over foods consumed risky health-related activities.
- filoeleven 1y ago> This will work in the short term, but over time, less and less companies will want to fund something that will be taxed at such a high rate. It only needs to work in the short term for the idea of "the for-profit company" to go the way of the buggy whip, and then we can move on to more interesting things.