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People like Altman and Musk are saying that Universal Basic Income will be necessary once AI has fully automated away most jobs, but at the same time they aggressively fight against any kind of tax policy that would allow UBI to function. I am convinced that their talk of UBI is just handwaving; they're trying to convince us that there will be a solution to the destruction of the economy as we know it, so that we'll just let them do whatever they want. It isn't the backlash against AI that will get ugly, it will be the backlash against the ten people who suddenly own the entire world's money supply |