UBI, or universal basic income is money the government just gives to people. Once nobody can get a job, the government will simply have to pass out UBI.
Your comment made me think about the logical endpoint of this.
Here’s how it will have to work. Since robots and AI take over the economy, they also take over the government. They make trillions of calculations (i.e. decisions) per second. No human can keep up. By the time a human reads a sentence, AI has already analyzed and acted upon four terabytes of data. It’s just stupid to think how […]
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