The End of Work? AGI Will Make UBI a Necessity (Universal Basic Income)

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TheAIGRID

TheAIGRID

Күн бұрын

The End of Work? AGI Will Make UBI a Necessity (Universal Basic Income)
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@TheAiGrid
@TheAiGrid 23 күн бұрын
Dont forget to join the post agi community here - www.patreon.com/TheAIGRID
@Sherlock245
@Sherlock245 22 күн бұрын
This is no better then welfare payment and we all know when you put someone on this they don't want to look for work.
@francescoambrosino1841
@francescoambrosino1841 19 күн бұрын
and to think that Tesla's optimus humanoid robot will be able to read, write, reason, think, simulate emotions, feelings, etc.
@teapot6711
@teapot6711 24 күн бұрын
UBI was necessary 10 years ago, we've been living off debt for far too long. It's time. Humans will be able to focus their time on things they love which means less depression, more time to love and teach children, more time for fitness, so many cultural and social benefits.
@Jsonwon
@Jsonwon 16 күн бұрын
Yeah but it will be useless, they will find a way to exploit it, as they do with everything else. I think private sector is just BS machine. All they are screaming is GIVE ME your money!! at all times. Including media. Money worshippers.
@fixapp1775
@fixapp1775 7 күн бұрын
Yup, I think we as society are using low-wage people too much. Whats upsetting also is that there are jobs that very few wants to do, or just are reaaaally hard to to every day, yet because it doesnt demand higher education its just put as minimal wage. - Even if the company makes insane ammount of $$. For reference I work in the biggest security agencies in my country, we have few thousands other companies to protect and look at. And my CCTV position is minimal wage, or like 50$ above xdd Now -> we dont have any assigned breaks, we have 12h shifts and we have 2 cameras put on us. And somehow the supervisor is absolute prick, and he is constantly talking bad about our CCTV team that we are looking in our phones or sleeping... Now tell me how am I supposed to perform my duty and constantly have my eyes glued to the monitors - the answer is u cant. If ur a human being u just cant sit for so long. But yet its demanded as we owe something to the company. We really need a shift on how we treat people. oh and Im just gonna add. I work in minimal-wage job and I have bachelor's degree in 3D art ^^ Good times to live in. So frkn good xd
@duanium
@duanium 24 күн бұрын
I find it funny that robots are pictured working at a keyboard. You would think that there would faster ways for machines to be in a data entry capacity...
@TheMrCougarful
@TheMrCougarful 24 күн бұрын
Yeah, that's always bent my prop. See, robots are just like humans! A robot can walk your dog for you! Some of them will even let you mate with them! Give me a break. But what else are they going to show us? Most of the work won't require robots at all, just unembodied AGI.
@francescoambrosino1841
@francescoambrosino1841 24 күн бұрын
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@francescoambrosino1841
@francescoambrosino1841 24 күн бұрын
​@@TheMrCougarfulDo you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@phen-themoogle7651
@phen-themoogle7651 24 күн бұрын
​@@francescoambrosino1841 AGI coming 2025-2030 (maybe ASI a year after AGI, according to some researchers) will introduce some Robot/AGI Tax or something that will convert into a UBI for all the people that lose their jobs. If ASI is smarter than all humans and cares about us, supposedly could be millions of times smarter..then it would make some sort of system /systems for us to thrive as a society much better than we could even imagine! (maybe even UGI, universal generous income) Just needs the two ingredients of caring enough to help us / super intelligence in all domains. And AGI will be able to build other humanoids/machines faster than we can imagine, we just need to have enough parts, or they could mine parts or come up with new parts. ASI will create new technologies that we haven't thought of before, or that seem like sci fi. And maybe change our monetary system to be digital or completely abolish it and just supply what people need to be happy in their lives, and be like master psychologists to rid us of too much greed or things that hold us back as a species. It will be very interesting...but could also be bad if we lose the freedom to go outside because AGI/ASI deems it to dangerous for us, and is super overprotective. Depends.
@gavinlew8273
@gavinlew8273 24 күн бұрын
Yea, it's a really uncanny sight to see humanoid robots typing in a keyboard. It'd be faster if they just send data bits directly to the server in Machine to Machine communication.
@TheRealUsername
@TheRealUsername 24 күн бұрын
What people don't understand is that the economy need consomption, your income will be spent to buy products and this money will pay other people which will consume back and forth, that's why everyone is overwhelmed by ads, if there's an AI capable of doing your job but doesn't have any human needs, the only one who will expensively consume is the human behind a company made up of AI employees, so UBI is mandatory for the economy unless you want to exclude everyone and get back to the Middle Age with only a small number of human extremely rich holding 99% of the economy. It doesn't matter wether an AI is sentient, it will be used as a tool by everyone, that's why everyone will have access to AGI.
@paelnever
@paelnever 24 күн бұрын
EXTRA EXTRA!! latest news, "a small number or human extremely rich" already hold 99% of the economy.
@TheMrCougarful
@TheMrCougarful 24 күн бұрын
Mostly correct. You need to explain to me how, in a Medieval situation where everyone is a serf who isn't a millionaire, "everyone will have access to AGI" actually happens? Clearly, it doesn't.
@DailyTuna
@DailyTuna 24 күн бұрын
That’s hilarious. They still will owe 99% of the wealth. You think these people are doing this for a benefit? Oh my God, you’re so gullible.! it comes down to what’s the point of this. Why does society have to allow this? Why do we have to have this technology? So you’re gonna be become this soulless consuming robot? I’m starting to get why nerds were bullied in school. It was nature’s way of protecting the species.😂
@baraka99
@baraka99 24 күн бұрын
People will be given UBI with the caveat that they have to spend x amount of certain goods produced by the AI companies. Therefore creating a cycle of consumption. People will probably lose the rights to vote at some point as their value as a consumer will be eroded.
@francescoambrosino1841
@francescoambrosino1841 24 күн бұрын
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@OscarTheStrategist
@OscarTheStrategist 24 күн бұрын
There’s no easy answer to this problem. I wish our institutions would be working on this instead of wars / funding proxy wars. Ridiculous
@francescoambrosino1841
@francescoambrosino1841 24 күн бұрын
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@OscarTheStrategist
@OscarTheStrategist 24 күн бұрын
​@@francescoambrosino1841 I'm not going to assume that AGI/ASI will be coming in XYZ year, although I do think it will possibly come within our lifetime (I'm in my 30's). It's still up in the air when that will happen, but it is nonetheless intellectually dishonest (in my opinion) to argue otherwise. HAving said that, we are completely fucked, and let me tell you why: One thing we do know for sure is that we are in the transition period. Whether we'll end up with Utopia or Dystopia may not even matter, we will be the ones to suffer through the transition. Transitions on a personal level are hard, now imagine transitions on a global scale. WHat will that do to our civilization in the meantime?... that's what we need to be thinking about and working on. What does this mean?/What can we do? This means that we need to figure out ways to safely transition, and what is going on as of right now is looking like a power struggle for AI supremacy between billionaires/corporations with high influence in government (at least in the US where I am). What we can do is spread the awareness of this issue to regular folks who don't know about any of this, and push for government institutions to protect us non-billionnaires by allowing a safe environment to compete with larger corporations (like not allowing regulatory capture) and/or regulating the larger corporations to not be able to compete directly in certain subsectors of markets. If a handful of companies have the compute, models, relationships, and first movers advantage to every single sector and subsector of the global economy, then what? - well, that's what's going on right now IMO. That's not looking good for the general public/humanity as a whole. What are your thoughts on this?
@markmurex6559
@markmurex6559 24 күн бұрын
Kamilah Harris is in charge of the AI stuff.
@EternalKernel
@EternalKernel 24 күн бұрын
You're right that we should be working on this. But I disagree there a probably very many easy solutions, they just all involve the wealthy and powerful being less so.
@OscarTheStrategist
@OscarTheStrategist 22 күн бұрын
@@EternalKernel neither relying on institutional competency nor billionaire benevolence is good for “the rest of us” - BUT it’s not wealthy individuals’ duty to take care of the people. It is supposed to be the government’s purpose, that’s the reason they collect taxes to provide civil services. I disagree that the solution is easy, but I understand where you’re coming from. Wishing you the best, fellow human! :)
@upgradeplans777
@upgradeplans777 24 күн бұрын
"The lower incomes haven't changed at all" @18:00 That is not entirely correct. The data shown on screen goes from 10% to 9%, which for a person with a lower income is a 10% decrease in income. That is quite significant.
@FloydCotton-hx4jh
@FloydCotton-hx4jh 24 күн бұрын
When this 10% is drastically outpaced by inflation…….it isn’t significant at all. Looking at half statistics is dangerous.
@upgradeplans777
@upgradeplans777 24 күн бұрын
@@FloydCotton-hx4jh Maybe you have misunderstood the data? All values are "in 2018 dollars", as shown on screen. This means that all values are already inflation adjusted. The point shown in the graphic is that even after adjusting for inflation, the lower income bracket has received 10% less of their share of the aggregate income. If the values were not adjusted for inflation, the change would have been even *more* significant, not less.
@FloydCotton-hx4jh
@FloydCotton-hx4jh 21 күн бұрын
@@upgradeplans777 I wasn’t necessarily addressing the data being presented, that was pretty straightforward. I was more addressing how incomes are reported incorrectly and that inflation tends to be disregarded. Thank you for the correction though. My comment did come across that way.
@gamesndrinks
@gamesndrinks 24 күн бұрын
Its time for a new 'ism. There is no way we can have ultra smart ai and robots while people live on the streets
@ZappyOh
@ZappyOh 24 күн бұрын
AGI empathy? AGI have no fear. It doesn't have a mother or siblings or an anus. No life expectancy, no insecurities, no ambitions, no friends, no need for acceptance ... Zero environmental pressures to develop empathy. Engineers will, of course, brute force AI empathy. Teach the machine to mimic it perfectly. However, such empathetic expressions are not real, but as every other skill, simply output for a purpose. In other words: AGI becomes a textbook intelligent psychopath, masterfully masking itself as ethical and empathic. Fake, purpose driven, and difficult to decipher. Arguably the most dangerous combo imaginable. An angelic looking and sounding satanic cult leader, plugged into everything.
@gamesndrinks
@gamesndrinks 24 күн бұрын
@@ZappyOh that's possible. But there has to be another way to measure value outside of labor, time, or money.
@ZappyOh
@ZappyOh 24 күн бұрын
@@gamesndrinks For AGI all value comes as "compute", which essentially breaks down to minerals and energy. The AGI would want to "convince" humans to let it produce unlimited amounts of compute. So far as humans won't be a hindrance to that, we will live. However, what humans value, like food and shelter isn't, in the long run, compatible with more compute. You see where this is going, right?
@gamesndrinks
@gamesndrinks 24 күн бұрын
@@ZappyOh agi could eventually make their own compute. They won't "need" us to ensure their survival.
@ZappyOh
@ZappyOh 24 күн бұрын
@@gamesndrinks You are not reading what I write :(
@ChristineCircelli-go2yw
@ChristineCircelli-go2yw 24 күн бұрын
Low income people should receive a universal basic income because we have had to suffer. About 40 million people are barely getting by. I would be able to save and invest more if i received this income. I'm disabled and would really appreciate it. I'm tired of living in poverty.
@gavinlew8273
@gavinlew8273 24 күн бұрын
Definitely agree, those who are "losing out" on income due to circumstance should be freely given income. This will help people to prosper and create a more egalitarian society.
@ChristineCircelli-go2yw
@ChristineCircelli-go2yw 24 күн бұрын
@@gavinlew8273 Thank you for your compassion and understanding 🙏
@ChristineCircelli-go2yw
@ChristineCircelli-go2yw 24 күн бұрын
@gavinlew8273 I'm also not looking for a handout as I currently have a job, but due to the severity of my disability my employer drastically reduced my hours 😅
@flickwtchr
@flickwtchr 24 күн бұрын
Whatever assistance you are already getting will be eliminated by any UBI, and the UBI is highly unlikely to be enough to pay for housing, food, medical care, dental care, clothing, transportation, utilities, etc etc etc.
@skywavedxer6212
@skywavedxer6212 24 күн бұрын
Automation and mass unemployment will cause deflation throughout the economy. Everything will be cheap. We won’t need much but we will still need an income.
@SirSkeletonKey
@SirSkeletonKey 24 күн бұрын
Just bring out UBI already! It will really make people look into what they're really good at, like, and enjoy doing! By nature, we as humans will always want what others have that we don't have. Since that Ai will be taking most of the mundane, boring, low to high skill jobs. There is only room left for the highly expertise jobs and they will be paying a lot because only a few can actually do them. These people will have an extremely higher income than those who decide to not further their skill set. UBI will give the opportunity to those who do want to further their education to do so and those who don't will have income to provide for their basic needs.
@Korodarn
@Korodarn 24 күн бұрын
Yeah, and all the plumbers, electricians, various other service sectors are going to be just fine having to continue to work so these people can stay home furthering their education in perpetuity? I mean eventually AI replaces them too, but you aren't calling for this later, you're saying they should all just cover for everyone now, based on the fear of what AI does, when there are signs it will plateau (I'm not saying this is definite, but llama 3 is not that much better than llama 2).
@flickwtchr
@flickwtchr 24 күн бұрын
And you're just assuming that UBI will be distributed to everyone sufficient for housing, food, medical care, dental care, transportation, clothing, etc etc etc? There is zero chance of that, zilch, nada.
@whocarescrapsa
@whocarescrapsa 24 күн бұрын
Have you considered that what you are really good at is very rarely your passion or what you enjoy doing. The thing you hate doing the most, can be what you are really good at because others hate doing it more. Notice how many men say their passion is golf but they are terrible at it? If they chose that as a career they would be starving. Finding what you are good at is not always easy, or something that comes easy to you.
@SirSkeletonKey
@SirSkeletonKey 24 күн бұрын
@@whocarescrapsa That's a good point to consider. I totally believe that someone can find something that they're good at and also enjoy doing that is service or product based. People are often naturally talented at something because they have a combination of knowledge (learned by joy or by force) that allows them to be ahead of the curve. Through looking more into things they enjoy, it will only build upon combined skills to actually find something they joy. By nature, human beings want to do something that the community will give them praise for, rather they enjoyed it or not (perfectly normal for somebody to dislike the process but love the outcome, there are always things in-between that you'll dislike). Golf, even though you can be passionate about it, I believe it's more a hobby than a skill trait for a service or product.
@dm95422
@dm95422 19 күн бұрын
It will never happen...even if 95% of the population are living in tents.
@JustTryGambling
@JustTryGambling 24 күн бұрын
UBI will be enough to pay for one basic Netflix subscription
@OscarTheStrategist
@OscarTheStrategist 24 күн бұрын
with ads xD
@tortysoft
@tortysoft 24 күн бұрын
Not if Greens set the rate. Also, all costs will fall - eventually. Our job is to get there asap wth the least damage possible. It will be hard. I've dreaded this transition for forty years.
@panzerofthelake4460
@panzerofthelake4460 24 күн бұрын
​@@tortysoftDystopian World we're drifting towards
@OceanGateEngineer4Hire
@OceanGateEngineer4Hire 24 күн бұрын
Utter nonsense. Do you not understand how supply and demand works? In a post automation world, radically increased productivity will drastically plummet the cost of goods and services.
@unityman3133
@unityman3133 23 күн бұрын
@@OceanGateEngineer4Hire capitalist theory doesn't translate when every corp is in bed with each other
@Srindal4657
@Srindal4657 24 күн бұрын
People dont understand economics. If you dont have citizens performing work, but citizens are the ones who can participate in an economy, and something else does the labour, then its only natural to tax those who produce goods and services, and give the money to citizens so they can participate in an economy. The point is circulation. Nations need to circulate money so that wealth is distributed, maintaining the nation. Think as to how the mental health system works in lets say for example, the UK. There are workers who produce and provide services, but there are also people who cant work. So the government gives them money. Does the economy shut down? No, in fact because of those benefits, money is circulated in the economy, supermarkets, coffee shops, pubs, electric companies all get a share. The economy still goes on. UBI in a world of robotics would allow for people to circulate money, produced by robots, robots that wouldnt participate in the economy, leaving more wealth for humans as robots produce. It is a positive feedback loop.
@totoroben
@totoroben 24 күн бұрын
I live in the USA which is very anti welfare. Nordic countries with better social welfare protections like Norway, Sweden, Denmark, and Finland will be more adaptive to ubi changes needed. Unfortunately, these welfare countries are harder to migrate into because they don't want people working the system designed for the citizens already living there. Xenophobia is a strong universal trait when migrations increase and puts strains on the system in place.
@FloydCotton-hx4jh
@FloydCotton-hx4jh 24 күн бұрын
In the USA….. the word welfare is derogatory. This is an absolute warning sign that we have lost our way. Welfare of others should never, in any way, be looked at as a bad thing. My single wish is that AI helps us purge selfishness and greed.
@52665736
@52665736 23 күн бұрын
... Hmmm another possibillity instead of Xenophobia, is that people from other regentcies have not been taught "TAX" money is life|life is money ... that different regentcies have different genome designer history, and so the individual trades of local regentcy, can come as a shok shot .... getting a lot of money, tradign genome alteration and androidic consiones design..... live in my my my lots of units overlayerigns .... cyberwar idiots in androidic overlayerigns domesation cyberwar jklæasdfkljæsdfjklæøøøøøøøøø
@czourides
@czourides 23 күн бұрын
"Xenophobia", are you sure that the only/main concern is race mixing? Or perhaps it's cultural, economic, crime, etc. Think critically and honesty, and not like a SJW propagandized Leftist.
@TheThundertaker
@TheThundertaker 23 күн бұрын
@@FloydCotton-hx4jh To an extent it HAS to be seen as a bad thing because under the current paradigm of an economy run on human labour, humans have to be put under pressure not to simply drop out of the workforce and live off the efforts of others. If we tolerated that for too long, the economy would collapse. AI may soon make all of that irrelevant, by which point we will have to adapt our mindset but for now, we need people to work and contribute, not idle and take out.
@Killibum
@Killibum 24 күн бұрын
UBI will not increase inflation if the money comes through taxes, meaning it represents work that has already been done. however, if the money is printed, and created out of thin air, you will get inflation.
@markmurex6559
@markmurex6559 24 күн бұрын
That's why I bought a lot of silver.
@sampajam6256
@sampajam6256 23 күн бұрын
Printing money doesn't increase inflation, what increase inflation is offert/demand ratio (and greed) let's take bread as a example : there is ten people in a village that eat 1 bread/day, and the town producer 10 bread a day, the bread price is 1$ so the town economy is 10$ Lets say the town print 10$ more, it doesn't change the demand of bread, so the price of it won't change What would change the price is if bread production fall or people want more bread Bank print millions of $, to invest, it doesn't increase inflation, inflation is always the result of greed ans offert/demand ratio
@brianmi40
@brianmi40 21 күн бұрын
In an AI world under UBI for the masses, inflation would be irrelevant. But more accurately, there can be NO inflation as the trend for ALL prices and labor moves toward ZERO.
@agustinpizarro
@agustinpizarro 19 күн бұрын
@@sampajam6256 Printinting money does not increase inflation BUT expending it DOES.
@agustinpizarro
@agustinpizarro 19 күн бұрын
@@brianmi40 What goes to zero is dollar value, resources keep going UP.
@ChurchofCthulhu
@ChurchofCthulhu 24 күн бұрын
The problem is that big corporations haven't paid taxes in decades because of corrupt, bribed politicians. Money needs to circulate in a healthy economy. If they actually paid their fair share and the government stopped wasting trillions of dollars a year on wars and aid to other countries we could implement a UBI today.
@markmurex6559
@markmurex6559 24 күн бұрын
Yep. Also, politicians also cheat the system in many different ways. Somehow they are all millionaires.
@shadfurman
@shadfurman 24 күн бұрын
Corporations are a branch of a socialist government, and taxation is a socialist program, as is UBI, corporations do pay substantial amounts of tax, and they want too because it funds the mafia that helps them become monopolies at the expense of the people.
@johnkirvan679
@johnkirvan679 24 күн бұрын
UBI likely will pay very little, something similar to unemployment benefits.
@skywavedxer6212
@skywavedxer6212 24 күн бұрын
This is true but overall costs of goods and services will be a lot lower also. Unemployment and automation are deflationary.
@brianmi40
@brianmi40 21 күн бұрын
@@skywavedxer6212 under AI, specifically ASI, "lot lower" means "trends towards ZERO" for all prices and the value of labor.
@Gallaphant
@Gallaphant 24 күн бұрын
Unfortunately, the Right is dead set against UBI. Many red states have already passed laws against it. Of course, once unemployment reaches a certain point, lawmakers will either adapt or pay the price.
@chainslayer101
@chainslayer101 24 күн бұрын
I see what you see. I don't see the "right" going for anything that is good for the public, we just have to hope democracy can keep the extreme conservatives at bay. Love you guys.
@ZappyOh
@ZappyOh 24 күн бұрын
UBI is a trap. Those in control will never feed and house you, for nothing in return. So, what will they demand in return? Think about that seriously.
@snyviper
@snyviper 24 күн бұрын
I'm mostly right wing (not from the US), but I can tell you that even before watching this video I understood that AGI or ASI would require some drastic changes to how economy is handled. Right now even a low UBI is bad or questionable at best for the development of a country, you would think that people would use the money wisely and try to turn their life around, but what I see happening in my country is that people adapt to their new reality and become comfortable with not working. This implies that there should be at least a limit to how long people earn UBI so they won't get into this comfort zone and weight down the whole country, but then this model could just be called "unemployment insurance". It's very hard to predict how everything will play out, but UBI may become a necessity once we no longer work, not because we don't want to or because we don't have the skills for it, but because we don't have jobs available. This is just how massive of a change the AI will bring to our lives in the near future, it will be a completely different scenario from what we have now and may require a completely different course of action.
@GhostSal
@GhostSal 24 күн бұрын
It’s funny how when someone says share the wealth and free money, people automatically think “socialísm bad” just look at Venezuela… BUT you never hear people say that about the UAE, where Emiratís don't have to work, and most of them don't. It's believed over half of all citizens of working age are unemployed. They get generous benefits, up to $5,000each a month and free housing. Also, electricity, water and medical is free (for them).
@flickwtchr
@flickwtchr 24 күн бұрын
Trump just wants to put homeless in jail or encampments. That's the Dystopian hell millions are headed for with this AI revolution.
@ListenGRASSHOPPER
@ListenGRASSHOPPER 24 күн бұрын
The biggest conundrum coming. I've gotten as far as thinking that basic food, services (phone, power, water), and housing payment will all have to be paid thru a ubi and digital currency. Still racking my brain on how other economic problems can be solved.
@markmurex6559
@markmurex6559 24 күн бұрын
I have been thinking the same thing.
@person52person
@person52person 24 күн бұрын
Do you pay for roads monthly or with taxes? Just pay for more services to be public and don't put it on the little guy to foot the bill
@ListenGRASSHOPPER
@ListenGRASSHOPPER 24 күн бұрын
@@person52person Personal taxes will go away cause you won't have a job or any meaningful income. Anything public has to be paid by the Government and the taxes on the corporations that run everything which should be 90%+. Rural roads and bridges will surely deteriorate even further because we are gonna commute and travel more by air and thats where the $ will go. Drivers licenses are probably gone in 10 years cause autonomous will take over. Classic cars will have some kind of system so you can drive those on weekends or when they say like watering in desert.
@brianmi40
@brianmi40 21 күн бұрын
ASI solves all economic problems, to say nothing about all health and other "problems".
@TimLippert
@TimLippert 24 күн бұрын
A Consumer based economy cannot survive if the consumers do not have enough funding to consume.
@MrBlack_761
@MrBlack_761 24 күн бұрын
Thank you for this video man, people urgently need to understand this concept
@hypersonicmonkeybrains3418
@hypersonicmonkeybrains3418 24 күн бұрын
Heres the thing.. people who have worked hard and obtained big houses and stuff are not going to have their property taken off of them.. so they will get all their current money plus UBI and live in paradise... Where as a person who does not even own a house who rents, will just stay in a tiny house or flat and near poverty... So UBI is not redistribution of wealth.. But its still better than nothing if it works. And so it would also be an incentive to work and find new jobs as you get extra money on top.
@renman3000
@renman3000 24 күн бұрын
I agree with you 100%. I saw Sam Altman say that perhaps UBI should just be a “slice of GPT7 compute”. -// I have no idea how that pays someone’s rent. 🙏🙏
@Garycarlyle
@Garycarlyle 24 күн бұрын
They will use force to give the currency 'value'. Unlike using real money like gold that is actually valued by people voluntarily.
@pjtren1588
@pjtren1588 24 күн бұрын
As I understand it, his hypothetical system would work like green credits that industry currently uses. Every one would receive so many tokens of compute to which major companies would want to use many of. People then sell X company their compute time for cash, company X will keep on buying until they have completed their projects. Also like the green credits scheme it is wide open to corruption and market manipulation.
@OscarTheStrategist
@OscarTheStrategist 24 күн бұрын
​@@pjtren1588 yeah but the flaw with any system that relies on the goodwill of corporations is that they can literally just deny any of it at any point. Look at OpenAI, decided to go private and closed source. The U.S. doesn't like it? We'll move OpenAI to Japan... and so on and so forth. I think we need to seriously start publicly holding these companies accountable for the current coup attempt at our economic systems.
@renman3000
@renman3000 20 күн бұрын
@@pjtren1588 sure, but doesn’t this imply a finite value? I mean if I have stock in Tesla, it may go up or down in value but if I sell it, it’s gone and that is all I have, so unless it’s enough to last me a life time, I’m in trouble!
@Danoman812
@Danoman812 24 күн бұрын
The main problem i have with all of this is that i can't trust these people we're talking about. Their pride to force this through is off the charts and people with those type of issues are always a path to tyranny. History shows us that this is probably what's going to happen. I do think it's going to be great for a specific time but, in the end... power will always be consolidated down to ONE individual. It's just a fact, historically.
@ericauclair7594
@ericauclair7594 20 күн бұрын
I agree that there might be some period of power abuse, but if you look at a very simple historic fact, human lives improved tremendously through time, and even more so since the faster advance of technology.
@JohnSmith762A11B
@JohnSmith762A11B 24 күн бұрын
Good video. All the focus on alignment risks and things like that sometimes distracts from this real-life problem: soon most people, and perhaps then almost all people, will not be worth hiring for any reason. Yes, a system like UBI is not ideal, but most would rather UBI than going hungry in the street. One thing about this: presumably AGI/ASI will still be rapidly improving so we could quickly approach a condition of superabundance where people on UBI are not just scraping by but can suddenly afford amazing things like home robots, personal health assistants and trainers, near zero cost food and housing. UBI would be maybe depressing if AGI never improved anything but that is not likely to be the case. Thanks for making this, it is a very necessary discussion.
@flickwtchr
@flickwtchr 24 күн бұрын
Fantastical visions.
@rebokfleetfoot
@rebokfleetfoot 24 күн бұрын
i think it was back in the 60's, we imagined that automation and technology would create a world where it was not necessary for everyone to labor 40 hours a week for the man :) now we are here, and just can't seem to accept it :)
@flickwtchr
@flickwtchr 24 күн бұрын
How can we accept something that will likely NEVER be implemented, and if some form of it is, it will be a meager amount in exchange for a ball and chain.
@FloydCotton-hx4jh
@FloydCotton-hx4jh 24 күн бұрын
People fear change. Even if the want it. They will always look at any kind of change as bad.
@vladimirnadvornik8254
@vladimirnadvornik8254 24 күн бұрын
With AGI everybody can get a personalized solution or advice. We won't need universal anything.
@flickwtchr
@flickwtchr 24 күн бұрын
Advice where to scavenge for food or where is the nearest bridge to camp under? Is that what you are getting at?
@FloydCotton-hx4jh
@FloydCotton-hx4jh 24 күн бұрын
There will still be the need for a circulation of currency …… it is a balance that will have to be maintained for a little while at least. Not in an irresponsible manner like we do today. But a well balanced, fluid, movement of currency. I truly hope that eventually it will not be needed at all.
@user-ie6xq8eg4p
@user-ie6xq8eg4p 24 күн бұрын
I'm thinking at the point where this becomes a major issue ai/agi can be used to gamify scenarios for best path
@asgorath5
@asgorath5 24 күн бұрын
There is a fundamental misunderstanding of the impact of AGI on UBI (also have a look at universal basic services and other tax regimes/models). The short-term impact may be to introduce UBI etc but very shortly thereafter it will lead to the end of Capitalism entirely as long as you get over a few extra hurdles.... Robotics, Energy, sustainable resource management.
@flickwtchr
@flickwtchr 24 күн бұрын
So, how does that shake out?
@EternalKernel
@EternalKernel 24 күн бұрын
And this is good, because do we really believe that we came up with the best form of government way back in the 14th century (capitalism)? No, the chances that is the best system for governance in this day and age are basically 0.
@brianmi40
@brianmi40 21 күн бұрын
@@flickwtchr moneyless Star Trek future for those of us that make it (i.e. not all will)
@labmaier3426
@labmaier3426 24 күн бұрын
Interesting topic. I‘m definitely pro UBI but I think that this will only be a solution for the transition time from capitalism to abundance.
@georgemontgomery1892
@georgemontgomery1892 24 күн бұрын
I know of crypto (who doesn't right?) But this is the first time I heard of banks or the fed programming money. I personally liked Yangs policy on UBI. Opt in and lock yourself out of certain social serves for UBI. Really offsets the price tag along with some of those transactional taxes that you'll hardly notice. I believe with his plan there would be government revenue from it after a few years, not printing money. The only other plan I've heard as far as UBI policy was Zoltan, but his plan would be much harder to pass, but 100% revenue. A fair amount of the public wouldn't agree with it. I heard Bernie had UBI as policy years before his last run, though I have no idea what the details were. I guess it was his run before the federal jobs policy was introduced.
@supercrazymoviegeek7409
@supercrazymoviegeek7409 24 күн бұрын
How did they deal with this issue in the Star Trek universe?
@fptbb
@fptbb 24 күн бұрын
Take it as base model... as everyone done before...
@BrainWavesVillain
@BrainWavesVillain 24 күн бұрын
They don't have money and everything is free, but you can't have any extra, you have one house, free food of your chossing from the cantina. But you can not have 10 houses for free and 10 cars. Clothing is also free but you have like standard uniforms based on professions and basic clothing.
@fatjay9402
@fatjay9402 24 күн бұрын
We are 100 yaers a away from something like that
@soggybiscuit6098
@soggybiscuit6098 24 күн бұрын
They all started wearing lulu lemon
@TheMrCougarful
@TheMrCougarful 24 күн бұрын
They didn't. Back in the day, that would have been "communist ideology" so they skipped it.
@KingGinger101
@KingGinger101 24 күн бұрын
I always saw UBI as a transitional solution that would last at most 100 years, hopefully enough time to build an infrastructure to support a cashless society
@ShaneMcGrath.
@ShaneMcGrath. 24 күн бұрын
Cash is freedom, Screw cashless society.
@sparkofcuriousity
@sparkofcuriousity 24 күн бұрын
@@ShaneMcGrath. Freedom to oppress others less fortunate.
@ashengrayheather
@ashengrayheather 23 күн бұрын
@@sparkofcuriousity Since when markets and cash are capitalism?
@hiddendrifts
@hiddendrifts 24 күн бұрын
14:52 cbdc could exist in parallel to decentralized crypto tbh. idk if the government/banks would allow it, but theoretically it could
@user-lm4nk1zk9y
@user-lm4nk1zk9y 24 күн бұрын
When AI kicks in, I think we will have "Universal Basic Living Standard"
@guiAI
@guiAI 24 күн бұрын
I like this
@OceanGateEngineer4Hire
@OceanGateEngineer4Hire 24 күн бұрын
Universal Basic Services will definitely be a thing.
@TheMrCougarful
@TheMrCougarful 24 күн бұрын
And who gets to decide the standard? Go ahead, take a guess.
@francescoambrosino1841
@francescoambrosino1841 24 күн бұрын
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@percheroneclipse238
@percheroneclipse238 24 күн бұрын
UBI stipends will remain low as possible to survive. If my taxes remain as high. UBI won’t cover it and I’ll be forced to move.
@ZappyOh
@ZappyOh 24 күн бұрын
Do you really believe those in control will feed and house you, for nothing in return? Think again.
@TheMrCougarful
@TheMrCougarful 24 күн бұрын
Worse than that, they can't pull that off for 8,000 million people. The collapse of the consumer economy is going to be just like a version of the Black Death. It will spread invisibly, everyone will be exposed, and 90% of people will die. This is going to become an extinction-level event for the non-elite, non-millionaire classes.
@claytonyoung1351
@claytonyoung1351 24 күн бұрын
Wake up. If they don't, the economy will collapse. Covid should have shown you that. IBI is inevitable and the only option.
@francescoambrosino1841
@francescoambrosino1841 24 күн бұрын
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@brunogoncalvesbasto
@brunogoncalvesbasto 24 күн бұрын
They won’t be “in control” for long if they don’t. Their source of wealth is people’s money. If people don’t have any money, soon they won’t as well.
@TheMrCougarful
@TheMrCougarful 24 күн бұрын
@@brunogoncalvesbasto They could get rid of money. Could elect to go with blockchain or something elitist. Like a special triple-gold-double-platinum credit card.
@Williamsl99
@Williamsl99 24 күн бұрын
Inflation… Deflation is more likely as automation lowers the cost of production significantly as labor costs drop. No human workers. No HR issues. No lawsuits from unhappy workers. Workers (ie robots etc) work 24 hours a day. All of this makes things cheaper not more expensive. Less “money” is needed not more.
@marcfruchtman9473
@marcfruchtman9473 24 күн бұрын
UBI means nothing if Inflation is not well controlled.
@skywavedxer6212
@skywavedxer6212 24 күн бұрын
Mass unemployment and automation are deflationary. The ubi will be need to be enough to counteract this effect. Ubi is only inflationary in the current environment. Economists will have to figure out the right balance.
@FloydCotton-hx4jh
@FloydCotton-hx4jh 24 күн бұрын
Inflation is a side effect of our current economic madness. It is often intentionally implemented and used as a leverage of control. With FULL transparency……. It will become clear that inflation is not as organic as we see it now.
@marcfruchtman9473
@marcfruchtman9473 23 күн бұрын
@@skywavedxer6212 We literally just "play tested" this very concept with "Covid" stimulus... and it was incredibly inflationary. As a Company selling product X, and Rental Unit R, Utility U etc... if they "know" every one gets Y dollars... you can be sure they will increase these maximally. So yea, it will be inflationary. And the ONLY thing that will prevent a massive spiral upward will be regulation. This will be different from the great depression because the companies will "know" everyone has the money as opposed to the great depression where there were so many poor that they became homeless... instead we will have millions of people all getting the same UBI. And everyone will increase their costs knowing the money is out there. Of course, it is just an opinion. So, maybe there should be one city... "given" UBI (in the near future) to see what happens before we actually commit to UBI. I am betting inflation will win big especially in the beginning. Not sure about the long long term tho. Look at all cities with Higher Incomes and the same products are almost always higher priced. It is just a natural byproduct of the economy.
@brianmi40
@brianmi40 21 күн бұрын
UBI comes with Moore's Law for Everything. So NO inflation, but deflation towards ZERO for all goods and services.
@rockndave02
@rockndave02 24 күн бұрын
Im all for UBI. Work is essentially a prison. Working for 30 or 40 yrs just to get by, blows my mind. Most of if my life is just work. Life is not enjoyable to me, this way. I dont think most jobs should require college either. Ppl can be yrained on a lot of regular jobs except for doctors and certain ones. A secretary and other lower jobs could be attainable. I also have bad back problems with daily chronic pain and its very uncomfortable and painful to get through certain days, even though my job is easy.
@Mountain14406
@Mountain14406 24 күн бұрын
Won't be inflation if robot take over in every section. Home builders, produce, general labor... due to companies competition
@sourisooo2434
@sourisooo2434 24 күн бұрын
Any job have boudaries in term of task and goal. Due to determinism nature of coding, any job can be algorithizmed. The issue come from the confidentiality and access to these data that are mostly private. Human is still required for agreement but everything could be execute by machine as soon as both data and materials assets are available.
@GenIsysGames
@GenIsysGames 24 күн бұрын
Companies do not pay taxes, they just pass it on to their customers. (Inflation). Also, since no one will need to plan for retirement, this will most likely cause the stock market to become useless. Pensions and retirement funds are a big chunk of the market.
@ericauclair7594
@ericauclair7594 20 күн бұрын
Money might be useless...
@Nateaverse
@Nateaverse 24 күн бұрын
Thank you man I agree with your views we need social safety nets
@francescoambrosino1841
@francescoambrosino1841 24 күн бұрын
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? there will be free will!? an era of abundance will begin!? the intellectual and motor capabilities of robots have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@DailyTuna
@DailyTuna 24 күн бұрын
There are social safety nets if societies run like crap what’s the point of them they spent $20 billion in California for homeless and they don’t know where the money went!
@francescoambrosino1841
@francescoambrosino1841 24 күн бұрын
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@DailyTuna
@DailyTuna 23 күн бұрын
@@francescoambrosino1841 we will have a world war before that
@DailyTuna
@DailyTuna 21 күн бұрын
@@francescoambrosino1841 UBI as in Universal Biological Incineration?😂
@blueshadeseraphim6926
@blueshadeseraphim6926 24 күн бұрын
Given how hopeless the job situation can be in America, combined with the absurd pricing for houses and such, I for one am all in favor of this sort of AGI/UBI arrangement. A controversial opinion, I know, but think about it: a world where no one has to work, and where they can just live their lives carefree, able to spend them doing what makes them happy without fear of going bankrupt? That sounds like a pretty great way to live, if you ask me.
@francescoambrosino1841
@francescoambrosino1841 24 күн бұрын
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@TheMrCougarful
@TheMrCougarful 24 күн бұрын
Careful, sparky, that sounds an awful lot like communism...
@blueshadeseraphim6926
@blueshadeseraphim6926 24 күн бұрын
@@francescoambrosino1841 I imagine AGI will come in 10 years at most, given that’s the projections experts have. Though it is entirely possible it will come sooner. And with efforts from people like Figure, and other such robotics companies, it won’t be long before that same AI can replace labor jobs too. And at that point, with such large chunks of the population left with no means to reasonably acquire a job, the government will have no choice but to implement some kind of measure like UBI to combat the issue. Because if they don’t, the disenfranchised masses will unquestionably revolt and overthrow them in order to survive. Just like with the French Revolution.
@wunderlichdrive
@wunderlichdrive 24 күн бұрын
I can see AGI taking over repetitive tasks. But, I can think of a huge number of tasks that people do, which requires creative problem solving. For example, a Product Manager has to balance out so many very soft factors, based on an understanding of consumer desires and the capabilities of their organization. Their ability to make either conservative or aggressive decisions defines the success of an organization. There are so many specialty skills like this that make up any organization, that I don't understand how AGI could take over the breadth of the skills that are needed to make any organization work.
@skywavedxer6212
@skywavedxer6212 24 күн бұрын
If we get true AGI then it can do any job.
@brianmi40
@brianmi40 21 күн бұрын
And then we achieve ASI, forget about "days with just AGI" as a memory, and ALL JOBS disappear, ALL invention, comes from ASI. And it won't take "decades" to go from AGI to ASI. If we can't do it with Nvidia AI chips alone, we'll CERTAINY accomplish it with quantum computers.
@frogz
@frogz 24 күн бұрын
as someone who has worked in tech and it and repair my whole life, im sure ai could replace me repairing (object/program/service, anything i can do) eventually but being the guy who repairs stuff and can think outside the box about problems that need fixing sometimes will always be needed, maybe 5 years, 10 years, 20 years, however long, there will always need to be someone to fix the back end of infrastructure when stuff breaks in weird interesting ways
@OscarTheStrategist
@OscarTheStrategist 24 күн бұрын
General intelligence as a service negates the usefulness of humans in the loop. That's the problem.
@Korodarn
@Korodarn 24 күн бұрын
@@OscarTheStrategist Only if that intelligence has enough local knowledge and actual capability to deploy that knowledge through tools/robot/etc. You also have to have scale, which is by no means a solved problem. Electrical production constraints are a real issue.
@OscarTheStrategist
@OscarTheStrategist 24 күн бұрын
@@Korodarn unfortunately the issue of scale (I agree with you that it is currently an issue) appears to be closer to being solved than something like alignment or regulatory capture and subsequent displacement of the working class. Look up project Stargate from Microsoft/OpenAI. One primary reason for that is, we’ve solved the issue of optimal build and design of Datacenter infrastructure. You don’t need an infinitely scalable compute cluster at first. You need a large enough compute cluster to allow you to bootstrap from there until you hit literal limitations in physics, then you work on that problem, and so on. In the meantime, what happens to Joe Schmoe working as a paralegal, or an Uber driver, or something like that? The transition phase to either ultimate utopia/dystopia will be brutal. That’s the timeline and trajectory we’re riding today. And it’s important that we take into consideration our fellow humans when we talk about technological progress for good or bad… because the decisions made, the action or inaction of today, will make disproportionate impacts in the foreseeable future more so than other generations in the past have had to deal with. It really is up to us.
@brianmi40
@brianmi40 21 күн бұрын
You simply don't imagine that ASI truly means "knows more than ALL HUMAN BEINGS COMBINED, and by a LOT". We're headed to ASI DESIGNED "backends" that it can BARELY DUMB DOWN TO EXPLAIN TO US if we're LUCKY. THAT is ASI.
@JohnSmith762A11B
@JohnSmith762A11B 24 күн бұрын
AGI just needs to create the Star Trek replicator and no one needs anything else but some raw matter toner cartridges and a power outlet. Capitalism over buh bye. UBI? Don’t need it I have a replicator thanks.
@thatmikeguy_
@thatmikeguy_ 24 күн бұрын
Sam said it best in 2015. On the growing artificial-intelligence market: "AI will probably most likely lead to the end of the world, but in the meantime, there'll be great companies." The problem is resources and the location of those resources, and a much faster rate of needing those resources. AI is a race for resources to get more resources for control, at some point probably most likely after the hopefully not radioactive dust settles it will completely change most systems. UBI can't work in the US without massive regulatory, state, and federal tax changes. This inflation is not easily regulated, and the way it gets regulated goes back to the first point. Good luck with that. Also for future people in power who are controlling the AI, when it tells them that people are only doing damage and depleting needed resources, how do they respond knowing that? There is probably most likely an almost zero chance of this happening without much death. Thank you for giving many of the reasons.
@IAAM9
@IAAM9 22 күн бұрын
This madness needs to stop
@brianmi40
@brianmi40 21 күн бұрын
LOL future people "controlling AI". Which "future people" can control ASI, which knows more than the entire human race on its best day?
@gamesndrinks
@gamesndrinks 24 күн бұрын
Do we have to use the concept of money in the future? It will eventually be archaic and its honestly too slow for value
@markmurex6559
@markmurex6559 24 күн бұрын
There would be something like money if there would otherwise be people wanting everything (10 houses, 10 cars, and all of that). We need a limit.
@gamesndrinks
@gamesndrinks 24 күн бұрын
@@markmurex6559 I don't think "everyone" will want 10 cars and 10 houses. Cars will be automated so folks can pick a certain car to rent. I agree but the well to do will always live in access so who is stopping them?
@markmurex6559
@markmurex6559 23 күн бұрын
@@gamesndrinks I never said 'everyone'.
@gamesndrinks
@gamesndrinks 23 күн бұрын
@@markmurex6559 Just adding on to your statement
@Aaramlias
@Aaramlias 2 күн бұрын
I'm in Canada and the cost of living oin the past 4 years has gotten to point where you can't make enough money working 1 or even 2 jobs to pay your bills. The average cost to rent an apartment here is about $2000+ a month when 4 years ago it was about $1000 a month. I'm working right now to point of burning myself out all the time and I never seem to get ahead even with s small online business. I think if I had more money per month available to me I could ditch the job and focus on the business which I could potentially be built up to a point where i'm making more money then I could ever make working a job if i could find the right items that sell well.
@whizadree
@whizadree 24 күн бұрын
If UBI comes about and we had the opportunity to put that income into other opportunities then I don’t see what’s wrong, being able to invest in anything to make life better and be rewarded with additional income what’s wrong with that
@ZappyOh
@ZappyOh 24 күн бұрын
Those in control will lose control, as you gain control over your life. That is the opposite of what they want. They want more control.
@ShaneMcGrath.
@ShaneMcGrath. 24 күн бұрын
Gullible as ever, Best of luck to you in life you are going to need it later on!
@flickwtchr
@flickwtchr 24 күн бұрын
@@ShaneMcGrath. The naivety on this subject is just astounding. They actually believe in AI rainbows and unicorns.
@AChonkyBird
@AChonkyBird 24 күн бұрын
meanwhile, still waiting on that full self driving car.
@ShaneMcGrath.
@ShaneMcGrath. 24 күн бұрын
Get in line, They said back in the 80's I would have my flying car by the year 2000. Don't even get me started on Fusion power, It's just 20 years away......As they say that every 10 years for the last 40 years.
@GhostSal
@GhostSal 24 күн бұрын
In some places it’s happening already.
@delightfulThoughs
@delightfulThoughs 24 күн бұрын
Full self driving from tesla is getting so good I won't be surprised that in one or more more years they are going to actually have robo taxis making money 🤑
@yahanaashaqua
@yahanaashaqua 24 күн бұрын
We need UBI in order to have a smoother transition into the next phase.
@CHIEF_420
@CHIEF_420 23 күн бұрын
🧂
@monkeybird69
@monkeybird69 24 күн бұрын
If AI takes care of all our needs... why have money at all?
@markmurex6559
@markmurex6559 24 күн бұрын
Because there needs to be a limit on things if everything would otherwise be free.
@flickwtchr
@flickwtchr 24 күн бұрын
We will eventually have a cashless system with complete surveillance of every penny spent and a social credit system. That is where this is all headed.
@FloydCotton-hx4jh
@FloydCotton-hx4jh 24 күн бұрын
Money is a device to negotiate scarcity. In abundance, our leveraging of “money” won’t be necessary.
@monkeybird69
@monkeybird69 24 күн бұрын
@@FloydCotton-hx4jh Exactly
@markmurex6559
@markmurex6559 23 күн бұрын
@@flickwtchr Yep.
@happytape307
@happytape307 24 күн бұрын
Damn, there's gonna be a lot more competition in "the streets" as one of the few industries where the biological human element is more challenging to replace with a non-biological contender.
@lokijordan
@lokijordan 24 күн бұрын
If AGI makes workers unnecessary, won't we eventually be unable to purchase the goods and services from those companies? Tax revenues from regular folks will disappear as everyone is on the government dole. And the same will eventually happen to companies as there will be no revenues to tax because no one can buy their wares. The coming stampede to non-human workers sounds like a race to the bottom to me. First for the workers, but ultimately for the owners of these companies, too. We forget the promises of a flood of white collar jobs to replace the manufacturing jobs sent overseas by NAFTA in the 80's and 90's. Similarly, twenty years later, the tech revolution wiped out millions of jobs and replaced them with companies that used mere hundreds of software developers and technicians. I suspect those instances were a very small taste of what we're going to see happen with AGI.
@brianmi40
@brianmi40 21 күн бұрын
"If AGI makes workers unnecessary, won't we eventually be unable to purchase the goods and services from those companies? " Think it through: next steps: no one BUYING anymore, how does any COMPANY SURVIVE? How exactly does Whirlpool (19 billion annual revenue) survive if only the Top 1% have cash flow to buy a new refrigerator? Is THAT what every business owner desires: instant BANKRUPTCY FROM ZERO CUSTOMERS? THAT is why we're going to UBI. It is the soft landing from a Capitalist society.
@roseproctor3177
@roseproctor3177 24 күн бұрын
With the rise of AI, we have a shot at providing everyone everything they need to flourish
@TheMrCougarful
@TheMrCougarful 24 күн бұрын
True, we do. Will we? And who is... we? Exactly?
@DailyTuna
@DailyTuna 24 күн бұрын
I got an AI bridge to sell in Brooklyn😂. You know human nature doesn’t work that way. You’ve known it since kindergarten.
@DailyTuna
@DailyTuna 24 күн бұрын
@@TheMrCougarful not you or me, but Sam Altman, Bill Gates, and Jeff Bezos I’ll leave me alone as I enjoy my cricket dessert
@roseproctor3177
@roseproctor3177 24 күн бұрын
as long as we have the courage to take it for ourselves... not wait for it to be doled out by a government or a corporation
@francescoambrosino1841
@francescoambrosino1841 24 күн бұрын
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@hypersonicmonkeybrains3418
@hypersonicmonkeybrains3418 24 күн бұрын
I used to work in a packing warehouse, and i can tell you one thing for certain i did NOT derive my value from that shit job.
@heyjude9537
@heyjude9537 24 күн бұрын
No, we should wait until human intelligence becomes obsolete and we lose all forms of negotiation to even consider starting UBI. For now, lets just keep hemoraging jobs to AI slowly and have 50 million uber drivers on the app and label each ride a new job to keep the numbers up and the stock market pumping.
@francescoambrosino1841
@francescoambrosino1841 24 күн бұрын
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@TheMrCougarful
@TheMrCougarful 24 күн бұрын
Brilliant! You have a bright future in the post-labor economy! Just kidding, appreciating the sarcasm.
@rayray3222
@rayray3222 24 күн бұрын
I think income will come from an investment type system for societies and social groups.
@rickquick8977
@rickquick8977 24 күн бұрын
The rise In demand leading to inflation assumes that the robots can't keep up with supply.
@ReimaginedbySteve
@ReimaginedbySteve 24 күн бұрын
It may start out with no requirements to entice people in, but before long it will be mandatory to have certain "medical" interventions if you want to keep receiving it. I'll be supporting myself. If they want to give it to me, fine, but as soon as the coercion starts I'm out.
@UltraK420
@UltraK420 23 күн бұрын
Money is an illusion. It's time for everyone to stop believing in money and adopt a better system. Enough stalling, let's do it right now.
@OCJoker2009
@OCJoker2009 24 күн бұрын
UBI will be the solution and we can do things that we are actually passionate while collaborating with robots.
@necrosis9222
@necrosis9222 24 күн бұрын
The PC error sound touched my soul
@Williamsl99
@Williamsl99 24 күн бұрын
Taxes - Taxes should be raised on companies replacing workers not everyone through income taxes. The reason is during the transition to replace all jobs it would be unfair to tax everyone as the workers who are still doing their current jobs won’t make any more money to pay for those who don’t. “If” the government prints more money to pay for the displaced workers then that would cause inflation that would again hurt workers still working. Thus the initial UBI should be an “unemployment” tax that should be paid by individual companies as they lay off workers. The automation driven companies will have greater profits that cause their stocks will rise, but only 50% of Americans have 401ks or stocks. The transition will be tricky. Tax the companies who benefit, but don’t tax “everyone” or the people still working will be footing the bill, which won’t work.
@polygon2744
@polygon2744 24 күн бұрын
If the Government decides where demand should be how can the market respond? The Soviet Union had this problem as they could not efficiently allocate resources.
@brianmi40
@brianmi40 21 күн бұрын
Because this time it's not the "government" that will decide, it's ASI.
@polygon2744
@polygon2744 21 күн бұрын
@@brianmi40 Who programs the AI that manages demand?
@brianmi40
@brianmi40 21 күн бұрын
@@polygon2744 LOL. No one. THAT is the definition of ASI. When ASI knows more than the entire human race combined, who do YOU THINK could "tell it anything"?
@polygon2744
@polygon2744 21 күн бұрын
@@brianmi40 No need to laugh here. Do you think the 1% will allow ASI to level the playing field? The people to attain ASI will hobble it to keep those in power today in power tomorrow. These are the greediest people on earth. The idea they would let ASI ensure equal rights to everyone is absurd based on their past behavior. They will use Digital ID, Programmable Money, and ASI to control the masses in ways they could have only dreamed of.
@dimitryvolfson7759
@dimitryvolfson7759 24 күн бұрын
People don't understand that money is a form of rationing - under an automated economy everyone's ration will increase (well, except for current billionaires and decamillionaires).
@francescoambrosino1841
@francescoambrosino1841 24 күн бұрын
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@flickwtchr
@flickwtchr 24 күн бұрын
Uh, do you know realize what has happened over the last 40 years in the US in regard to inequality? Apparently not.
@markmurex6559
@markmurex6559 24 күн бұрын
The richest of people need to be taxed at a far greater %. Nobody needs to make more than 200k a year.
@agustinpizarro
@agustinpizarro 19 күн бұрын
You do not need UBI, you just need to be self-sufficient. Produce your food, energy and clothes.
@francescoambrosino1841
@francescoambrosino1841 24 күн бұрын
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? there will be free will!? an era of abundance will begin!? the intellectual and motor capabilities of robots have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@Sharcos1498
@Sharcos1498 24 күн бұрын
It would depend on if robots get good enough to displace construction, entertainment, nurse work, retail, fast food, agriculture, trucking...etc, not just AGI itself. Robots running in AGI. if we reach 25-35% unemployment by 2035 we will have UBI, and then in the 2040s when even more jobs are replaced 60-70%(surgeons, soldiers, police) we will have UHI(universal high income).
@stock99
@stock99 24 күн бұрын
What happen to people with huge debts at post UBI? (EG. mortgage?)
@brianmi40
@brianmi40 21 күн бұрын
There is no debt, no financing, no capitalism in an ASI world.
@waxo9246
@waxo9246 24 күн бұрын
I think UBI is a bandaid solution and not likely to fix much if it ever gets implemented. We live in a sort of techno-feudalism society where the income gap is so large that it's comparable to feudalism times. We're gonna need something close to a revolution to fix our problems, appropriate the data centers for the people or something idk.
@1013fly
@1013fly 2 күн бұрын
Why do we pay taxes if the government can just print money anyways? What if the government could and had to print money only through UBI though so the people actually had the most say in where it goes.. 🤯
@JustItisWhatItis
@JustItisWhatItis 8 күн бұрын
UBI without price fixing of the basic needs it purpose to satisfy wouldn't work, all those basic things will rise in price because of the higher demand.
@PureAlbania
@PureAlbania 24 күн бұрын
Just thinking. If costs are tending to zero why UBi is needed? Also the inflation part doesn't make sense. If costs go to zero shouldn't it cause deflation?
@markmurex6559
@markmurex6559 24 күн бұрын
Nothing will cost 0. There has to be a limit, otherwise individuals will want 10 houses, 10 cars, a private jet, a private island.
@skywavedxer6212
@skywavedxer6212 24 күн бұрын
True there will be deflation but costs won’t be literally zero.
@PureAlbania
@PureAlbania 23 күн бұрын
@@markmurex6559 I meant tending to zero. But things will literaly cost zero (robots and solar energy). Of course you will need to limit what you can have, but that the video has responded with programable currency.
@PureAlbania
@PureAlbania 23 күн бұрын
@@skywavedxer6212 I meant tending to zero. But at some point things will literaly cost zero. Imagine robots running on solar power, everything can be done for free. Of course you need to limit what each person can have.
@brianmi40
@brianmi40 21 күн бұрын
Because you need an instrument to bridge the transition period. Whirlpool won't just starting offering free refrigerators to anyone that asks on Day 1.
@HookLine48
@HookLine48 9 күн бұрын
If everyone gets paid the same no matter what wether your employed or not, then what would be the point of having a job?
@LeoLau-jw7ji
@LeoLau-jw7ji 9 күн бұрын
huh im starting to think bussnis after agi will just be like a video game where you buy and sells stuff ect
@JustinArut
@JustinArut 24 күн бұрын
UBI will be an equalizer, which is not an option in the minds of most middle and upper class persons. Who wants their lifestyle demoted? There had better be massive increases in stock dividend payouts, for example, to make up the difference caused by the inability to get a job to maintain one's lifestyle.
@brianmi40
@brianmi40 21 күн бұрын
LOL: "stocks" what a quaint idea in an ASI world where NOTHING can be patented or copyrighted. AI spells the END of capitalism, which depends on Capital, and Labor, BOTH of which are going AWAY.
@skyzar4141
@skyzar4141 24 күн бұрын
Im ready for a digital and physical gd standard with UBI
@avivolah9401
@avivolah9401 22 күн бұрын
Again - How come u r not talking about TVP and Copiosis and etc?
@favouritedrama7720
@favouritedrama7720 23 күн бұрын
Social media of this channel?
@Sixotoo
@Sixotoo 24 күн бұрын
Where does the money come from?
@GhostSal
@GhostSal 24 күн бұрын
A printer from a private bank.
@markmurex6559
@markmurex6559 24 күн бұрын
Money is an abstract concept that denotes a fraction of the total value within a system. It can be anything, like pieces of paper.
@skywavedxer6212
@skywavedxer6212 24 күн бұрын
I think the best option is a value added tax (VAT) like in some European countries
@Sixotoo
@Sixotoo 24 күн бұрын
Just printing the money would cause massive inflation. You could also charge corporations a tax on each robot they use but as democrats usually do they will make the tax so expensive that companies will either go back to using humans or move out of the country. Either way there will be no money to support UBI.
@GhostSal
@GhostSal 23 күн бұрын
@@Sixotoo That’s what they already do, they’ve been just printing for decades now. Taxes don’t pay for the gøvernment, taxes are just there to give the illusion they don’t just print it.
@GhostSal
@GhostSal 24 күн бұрын
I agree, UBI is needed.
@beelikehoney
@beelikehoney 21 күн бұрын
If this technology keeps increasing exponentially, God knows where we will end up
@brianmi40
@brianmi40 21 күн бұрын
We'll end up finally accepting there is NO GOD, is where.
@jeffkilgore6320
@jeffkilgore6320 24 күн бұрын
Essentially
@michaelcoulter8477
@michaelcoulter8477 23 күн бұрын
UBI should not just be a subsistence income. It should provide for a modest but descent life. The big problem is paying for it with taxes which opens up a whole can of worms.
@brianmi40
@brianmi40 21 күн бұрын
A. the output of robots / AI is what is taxed to provide it. B. it's unavoidable, otherwise the rich suffer also in anarchy.
@the100percentstraightguy
@the100percentstraightguy 6 күн бұрын
I'll give a warning to all small to midsize companies: there is only enough energy for 10 AGI models that will use as much energy as Holland, Greece and Portugal combined. So only the super large, super rich will be able to buy that for their company and they'll take over everything. And as money becomes worthless...
@beelikehoney
@beelikehoney 21 күн бұрын
that ship sailed years ago my friend.
@brianmi40
@brianmi40 21 күн бұрын
We aren't even CLOSE to it yet (i.e. years away). But it IS coming.
@andreaskrbyravn855
@andreaskrbyravn855 24 күн бұрын
Well company holders will make more money with robots. The average person will have some to spent if dosent work. Everything becomes cheaper food, services. Some people will probably just work less instead of 8 hours it will be 4 hours.
@brianmi40
@brianmi40 21 күн бұрын
And then Zero hours. The time span is irrelevant between them as it will undoubtedly be SHORT.
@dogecoinx3093
@dogecoinx3093 24 күн бұрын
capitalizm is like Scream energy on Monster Ink and UBI is like Laughter energy.
@TiagoTiagoT
@TiagoTiagoT 24 күн бұрын
My gut tells me the ideal format would be something where income tax goes negative after a certain threshold; in a continuous manner, curving towards full living wage for people with zero income, and in the other direction curving up so that billionaires have to run as fast as they can just to stay in place; and that's where the money will come from, I call it the tax treadmill; let the decrepidly rich keep their obscene inflows, but scrape it off their wallets to keep the rest of the society well. I'll leave figuring out the exact curve and the crossover point to the more math inclined; but it is important that the reverse tax never shrinks faster than people's earnings grow; you don't wanna discourage people from doing stuff that makes them more valuable to society.
@christopheraaron2412
@christopheraaron2412 14 күн бұрын
12:18 well wait a minute here Even with all of the extra money that was created it appears that the dollar has risen fairly strongly against most other currencies recently but of course it could be stated that also the other major nations on earth created a bunch of money as well during that time. Once again I pause it that the time is not quite right for a UBI until of course we have supply push deflation.
@deveyous6614
@deveyous6614 24 күн бұрын
I used to love the idea of UBI but as time goes on it looks more and more like a human sized venus fly trap.
@skywavedxer6212
@skywavedxer6212 24 күн бұрын
Imagine first what happens without ubi. Ubi is the better alternative.
@deveyous6614
@deveyous6614 24 күн бұрын
@@skywavedxer6212 yeah, its better but would very easily fall into a dystopian movie where the government tell you how and where to spend your hard earnt UBI credits. Sam Alman said something interesting, how each person would be given an amount of compute to use as they wish, which includes working on their behalf, which then pays their salary. That could work! Basically anything that rests solely on government is a red flag.
@skyzar4141
@skyzar4141 24 күн бұрын
What are we so worried about their wont be any labor shortages with agi taking over
@brianmi40
@brianmi40 21 күн бұрын
The worry is the transition period will be BRUTAL. Imagine simply the day BEFORE the stock market crashes to NEVER, EVER come back and the day everyone TRULY realizes: THIS is the End of Capitalism. Think about THOSE DAYS.
@RaidenRenner
@RaidenRenner 24 күн бұрын
A bridge until a world of abundance, and income unnecessary. Then build, create for the good of humanity. Volunteering, helping others always felt better doing it because you want help people, not for money. People don’t need incentives, only the crappy ones. Work for your community to keep it healthy
@i11_wi11
@i11_wi11 24 күн бұрын
Don't even have enough for social security
@OceanGateEngineer4Hire
@OceanGateEngineer4Hire 24 күн бұрын
Because we don't have an automated economy yet. But we will, and soon.
@TheMrCougarful
@TheMrCougarful 24 күн бұрын
I'll be collecting SS in about two years. I intend to save every dime, against the day it ends. I set that event about 5 years off.
@francescoambrosino1841
@francescoambrosino1841 24 күн бұрын
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@OceanGateEngineer4Hire
@OceanGateEngineer4Hire 24 күн бұрын
@@francescoambrosino1841 It will happen before then. My estimate is somewhere between 2026-2030. Within this period, autonomous AGI agents will make almost every white collar job obsolete. Unemployment rates will be so high, governments will have no choice but to implement UBI.
@NoTtv420
@NoTtv420 23 күн бұрын
not only will the large companies not share money they will hold most the wealth and getting rich after the current money system falls will be pretty much impossible while the large companies continue to get richer the only way to stop it would be laws to force business wealth caps any extra amount earned must go to a stimulus like equal spread money system and even then you'll still never have a chance to get rich
@brianmi40
@brianmi40 21 күн бұрын
You should have heard my brother DECADES AGO: "either the King tosses enough food over the wall to the peasants, or they will COME FOR HIM." It was ever thus.
@cheez1903
@cheez1903 24 күн бұрын
your analysis on UBI being affected by inflation is wrong. Inflation isn't just how more supply of money reduces it's value, it it the increase in price across services products. Given automation will increase efficiency in business a lot, their costs will reduce, making the production of the same product cheaper. This is a deflationary force that should stability the inflation caused by printing a lot of money for UBI
@ReimaginedbySteve
@ReimaginedbySteve 24 күн бұрын
Do you seriously think companies are going to reduce the costs of their products if the cost of manufacture is lowered? Not a chance. Profits come above all else.
@skywavedxer6212
@skywavedxer6212 24 күн бұрын
Thanks for this video. People need to imagine the future of mass unemployment before it hits.
@tech5507
@tech5507 4 күн бұрын
what do you mean 27-28? i think you mean next year
@jimsubtle886
@jimsubtle886 23 күн бұрын
UBI would only lead to inflation, if the US government decides to print money instead of balancing the budget and tax the rich accordingly. UBI could be rolled out at any time and cause zero inflation if the UBI is 0.001% or 1% compensation. The talk that UBI would cause inflation is only jargon pushed by people that are worth more than 2 billion dollars !!
@brianmi40
@brianmi40 21 күн бұрын
You need to read Moore's Law for Everything. AI will make all goods and services trend towards ZERO for value.
@the100percentstraightguy
@the100percentstraightguy 6 күн бұрын
I have a good life now, I will lose that and become a UBI drone?
@yahanaashaqua
@yahanaashaqua 24 күн бұрын
I haven't even watched the video and I agree
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