First problem i see is UBI is gonna be paid by governments when it's (mega-)corporations making (disproportionate) profits thanks to AI and not employing humans anymore.
Something would need to compensate for this.I guess a new taxes scheme based on the number of AI agents a company would employ ?
This would basically amount to a leveling function across society: people consuming less than the mean earn (much) more in UBI than they pay in sales taxes. Wealthier people who consume more than average would pay in more than they get out. With wealth being power-law distributed, the wealthy would end up paying a lot more.
Then you just tune the UBI value to achieve any desired balance of equality vs incentive to work, while adjusting the tax take to control inflation.
The megacorp wealth flows back to the shareholders, who eventually will want to spend it on something.
I assume in that case they will pay everyone a small allowance so that people aren’t too much of a nuisance and resistance is limited. As predicted by sci-fi.
Giving everyone ability to run open source AGI night do a bit of difference but if the big corps can run 1000x more of it the power differential will keep growing.
There's maybe an opportunity to make (A)I crowdsourced and find better ways to make our shared brain power and GPU power more powerful than the cognitive power of data centres.
This is called trickle down economics.
>Wealthier people who consume more than average would pay in more than they get out. With wealth being power-law distributed, the wealthy would end up paying a lot more.
The wealthy consume basically the same amount as everybody else in their day to day. They might purchase better quality goods. So consumption taxes are regressive. It is better to tax progressive wealth.