| Dark times ahead. If you haven’t already made it big with crypto or startups, you are toast and will be trapped in the permanent UBI underclass. That assumes that there will be a UBI at all.
Combined with inflation this will mean that only those with $5 million or more in the bank will live what still count as middle class lifestyles. Those with less money will be forced into poverty. Many will adopt petty crime for survival. I predict mass unrest, beginning in the global south and spreading to the global north. The anti-racist protests of 2020, the farmer protests in India and Europe, and the Sri Lankan anti-corruption protests all show how this will play out. The state may be forced to accept the demands of the protesters. Only an AI security system could let the state win, again showing how very important the AI advantage is. The resulting political turmoil may be exploitable for AI alignment purposes. Those of us who are concerned with AI alignment and automation must ally with whichever political faction wins the fight. That will be our last chance to implement UBI, make AI alignment mandatory and buy a few more decades for humanity. I hate AI so much, man. |
The result of this development and the underlying trend is vastly increased wealth creation. That's a good thing. You'd have to be a luddite to think otherwise.
Read e.g. https://moores.samaltman.com/, where Sam Altman (OpenAI CEO) suggests a scheme for wealth taxation that gives everyone direct ownership of the AI-created wealth and the machinery to make it.
I'm pretty confident that there would be strong democratic support for a scheme along these lines, given how few are able to participate in the highest echelons of the wealth creation in the kind of AI-driven society that will happen before AI becomes truly autonomous.