alt Hacker NewsThis point naturally leads to a more general discussion.
If AI can do everything and gets everyone out of jobs, who is going to consume the ‘everything’ produced by AI for someone to pay for the AI?
I don’t think UBI is a real solution, it’s too hand wavy.
Replies
>If AI can do everything and gets everyone out of jobs
Same thing that happened when automatic threshing machines replaced 80% of agricultural labour.
> If AI can do everything and gets everyone out of jobs
Not everything - Many things.
Not everyone - Many ones.
The people who cannot compete fade out, and the ones that are left reap the benefit of the machines. Just like one farmer reaps the benefit of a tractor that replaced 20 laborers.
The earth population keeps reducing until it is kinda a vacation resort for 100 billionaires + others who work for them + machines.
Then some politician who promises to be a voice for the people uses force/army to kick the billionaires out, redistribute the wealth, and then the population increases and the cycle continues.
This has been happening and will continue to happen until the heat death of the universe. (and then repeat after it gets created again).
UBI feels like a natural solution to what I assume is a ubiquitous problem in the workforce: A certain percentage of people are absolutely worthless in their job, and everyone would be better off if we just paid those people to stay home.
Where you see a problem, I see an opportunity.
The obvious solution is an AI consumer, duuuuh!
The dollar must flow. The dollar is life.