Plus the labs themselves, of course.
And the other side, “pause/ban AI” crowd, also sounded impractical, as the vested interests from governments and private industries will not really let it happen.
Sorry for yapping, it might be that I’m looking at the wrong sources.
The government is as well, to a much smaller degree, but the fact remains that there is too many unknowns right now to do anything concrete with any great level of confidence.
We tried UBI-lite™ during COVID and inflation exploded, so unless the economy has already changed significantly, thats obviously not going to work.
Humanity has tried central planning many times, and that has blown up spectacularly every time, so there is too much risk there IMO, and anyone who thinks otherwise at this juncture is just irresponsible.
Markets are probably the way, but that requires dynamics to settle into an equilibrium beforehand because legislature is just too slow to react dynamically.
I think the hard truth is, a lot of people are just gonna have to fall through cracks for a while if we don't want to mess things up more than we fix them, and I say this as someone without a plan B for selling my own labor.
The fact that we don't already measure/enforce outcomes for legislative actions should tell you everything you need to know.
1) massive handouts to business owners through forgiven “loans.” Predictably this had massive fraud, some of which was prosecuted but not much.
2) massively constrained supply chains which caused higher prices.
I suspect 2 at least would have caused inflation regardless of the stimulus checks.
It’s unclear to what extent UBI causes persistent inflation. Proponents claim the backdrop of a minimal income will enable more risky innovative projects which could increase GDP growth enough to counteract some level of increased inflation.
Even if I support UBI morally, there isn’t even local appetite for it, yet alone global one. And you’ll run into quick questions about inflations, every chart from UBI-lite era of COVID, and so on.
Polarizing doesn't mean complicated. There's people against it due to ignorance, greed of both, it's certainly not more complicated than that.
> And since then, there hasn’t been a single large scale test of the system to see if it can be compatible with the current version of capitalism that’s ran in the most of the world.
Because people keep fighting against it, because it's scary scary sOcIaLiSm.
> Even if I support UBI morally
As you should, there are no moral arguments against it.
> there isn’t even local appetite for it, yet alone global one.
I would think the majority of the population struggling to pay for groceries would disagree.
> And you’ll run into quick questions about inflations, every chart from UBI-lite era of COVID, and so on.
No reason to think UBI would cause inflation at all, actually.
In any case, this really is the answer. You're worried about disruption due to AI taking jobs, but the only reason there is a problem is because AI will drastically increase inequality by letting rich people and corps become even richer. You want to solve the issue, you solve the disparity by making them give back their fair share. Like I said, simple.
"Compatible with current version of captialism" -- the whole point of UBI is to create a new form of capitalism
Probably not the scale you imagine but there have been plenty of tests.
It’s of course not the same as UBI, but something close to it - basically everyone is entitled to it and while it’s really not a lot you can survive off it.
- 1. Will require a large increase in taxation.
- 2. Will likely cause some form of inflation.
- 3. Will not provide enough money for a majority of people to survive on.
- 4. Has no significant political support in the US.
To billionaires and corps, as should be the case anyway.
> Will likely cause some form of inflation.
Based on what?
> Will not provide enough money for a majority of people to survive on.
Depends on how much is provided - the simple fix is to provide enough.
> Has no significant political support in the US.
This is the biggest hurdle, and it's because so many on the right have been brainwashed by outlets like Fox News. It is indeed a hard thing to overcome. Eventually as the older folks die out, it will come about naturally.
To "provide enough" would cost trillions of extra dollars per year.
Taxing the 1% and megacorps a fair share, cracking down on all the tax avoidance schemes would provide more than enough.