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Do you believe people will be able to sustain their incomes at current levels if A.I. does most of the work? Maybe by some magical means they will, but I'm far

Do you believe people will be able to sustain their incomes at current levels if A.I. does most of the work? Maybe by some magical means they will, but I'm far from sure that the majority will be able to stay above the poverty line.

dgellow 1mo ago
If that’s the case the solution is to ban or very strictly regulate those AI companies having such a massive level of externalities. Like any other industry that would put the whole world economy at risk. Keeping them running and patching the minimum of damage with a UBI is just absurd. If the impact on the job market is as bad as what the AI leaders say, which is extremely bad, it’s a national security risk level for pretty much all developed economies. We would absolutely never accept that in any other domain
- hn_submit 1mo ago
  The current level of A.I. is akin to an idiot-savant and even today's A.I. companies are raking in half a trillion dollars in revenue. If "real" reasoning A.I. comes along their income could be in the trillions every year!! If you believe politicians will be able to regulate companies with such financial clout you're living in a fairy tale. These companies will be able to hold the U.S. government hostage.
bsenftner 1mo ago
> Do you believe people will be able to sustain their incomes at current levels if A.I. does most of the work? Does not matter, UBI will make the situation worse. And that "AI does most the work" is yet another fairytale. AI does the easy work, leaving only the much more difficult and the controversial work, exactly the work nobody wants to do, due to the responsibility attached. So, AI will do that, and AI will do that with a preference for the wealth class.
- hn_submit 1mo ago
  I'm not talking about the current A.I., but "true" reasoning A.I. which can handle almost any task a human can. That day hasn't arrived yet, but I'm contemplating about solutions when it does.
  - bsenftner 1mo ago
    Then you're talking about fiction. Live in reality. The true issue with reality is not "AI doing all things", not at all. The true issue is it not doing all things and the stupid authorities insisting it does, and forcing the issue, "proving" it does with violence and death.

dgellow 1mo ago

If that’s the case the solution is to ban or very strictly regulate those AI companies having such a massive level of externalities. Like any other industry that would put the whole world economy at risk. Keeping them running and patching the minimum of damage with a UBI is just absurd. If the impact on the job market is as bad as what the AI leaders say, which is extremely bad, it’s a national security risk level for pretty much all developed economies. We would absolutely never accept that in any other domain

hn_submit 1mo ago
The current level of A.I. is akin to an idiot-savant and even today's A.I. companies are raking in half a trillion dollars in revenue. If "real" reasoning A.I. comes along their income could be in the trillions every year!! If you believe politicians will be able to regulate companies with such financial clout you're living in a fairy tale. These companies will be able to hold the U.S. government hostage.

bsenftner 1mo ago

> Do you believe people will be able to sustain their incomes at current levels if A.I. does most of the work? Does not matter, UBI will make the situation worse. And that "AI does most the work" is yet another fairytale. AI does the easy work, leaving only the much more difficult and the controversial work, exactly the work nobody wants to do, due to the responsibility attached. So, AI will do that, and AI will do that with a preference for the wealth class.

hn_submit 1mo ago
I'm not talking about the current A.I., but "true" reasoning A.I. which can handle almost any task a human can. That day hasn't arrived yet, but I'm contemplating about solutions when it does.
- bsenftner 1mo ago
  Then you're talking about fiction. Live in reality. The true issue with reality is not "AI doing all things", not at all. The true issue is it not doing all things and the stupid authorities insisting it does, and forcing the issue, "proving" it does with violence and death.