this post was submitted on 10 Jan 2024
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Wealth redistribution. The problem is that we funnel is directly back through purchases providing an inordinate amount of power to the owner class.
In a bizarre way our existence will be allowed only to subsidize the wealthy.
At that point we should ditch money all together.
Follow the money. It goes from the wealthy to the government (taxes), to us to the wealthy through our purchases. Repeat
Why on earth would we allow this profiteering middleman? At that point we should live under communism (not saying thats a bad thing). Its just simpler.
Those who own the means of automation will live lavishly while the rest of us are given just enough to not revolt.
UBI is not about wealth redistribution. The easiest way I'd describe it is if we created food stamps but for cash.
And the phenomenon you are describing where the rest of society is subsidizing the wealthy is our current reality.
UBI in a sense ditches the concept of money as an incentive tool for productivity.
I was responding to the idea that our jobs are going to be automated away.
Which is exactly what I said' The "productive" (those with the means of automation)
Will live lavishly while the "unproductive" ( the rest of us) will not.
I agree our current reality sucks. Im saying that UBI, as opposed to a moneyless society) is exactly what the wealthy would prefer
The capitalist solution to a capitalist problem. Do not mistake my opposition of UBI to me being pro capitalist. Its exactly the opposite.
Don't buy the lies. AI cannot automate everything and the jobs it will replace are ones that aren't of much value in the age of improved efficiency (which is what AI really is).
Though I won't argue that the owners of AI will be the winners of whatever revolution comes out of this whole cacophony of noise.