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by ip26 61 days ago
If companies are faced with the choice between:

- employ you at 60k/yr

- replace you with a machine that costs a lot of money, and also send you UBI of 60k/yr

It should be obvious the latter is not an option that is ever going to happen.

3 comments

The problem is, companies will go for the third route: hire a company in India to launder AI. It has already worked out once with the offshoring wave.
This will still wind up with them paying UBI eventually
For the Indians?
What if the machine in this context is 3x as productive as you?
Then it replaces 3 people's jobs, requiring paying 3 UBI's in this thought experiment.
What un-corrupted person or system is going to perform this assessment?
The solution to the subsequent devaluation of labor, and ability for tech oligarchs to pocket the cash instead, will not be found in capitalism.

Unless we are all to become serfs, a new way to distribute resources needs to be on the table.

UBI is a salve, offered to keep victims of the system out of abject poverty. It is too little, too late.

We are returning to feudalism, with a cyberpunk spin on it.

You will not own anything. You don't even really own your tech now.

The writing is on the wall: you will not be allowed to modify what you own.