What do you think?
I think in the face of AI taking over many tasks, we need to rethink about how we frame the future of society. Reframing Universal Basic Income as Automation Compensation means presenting the policy as a way to make up for jobs and income lost due to automation and AI. Instead of viewing UBI as a general welfare payment, it becomes seen as compensation paid to everyone for the value automation creates, supporting those whose work is replaced by machines and helping everyone share in productivity gains. Especially in the US, the average person doesn’t like the idea of someone getting something that they’re personally not receiving. So framing it as a compensation that everyone receives regardless of employment status I think is the only feasible way forward.


What I’ve seen as the most talked about part of this is, how are we going to pay for it. Of course, wealth tax has to be a huge part of it. We’ve seen the following work, so it’s not hard to understand. The billionaires don’t want it:
Just from the top of my head:
Both of these would of course get me labeled an antichrist by Peter Thiel. And since AI is propping up the world economy right now, has 0 chance of happening.
Fine, then no company will ever expand their staff. Can’t risk a downturn a ways down the road.
You’ve invented a new way to increase unemployment. :)
Dude, every company that thought AI could take over a job, they tried it. Do you think they’re trying to keep employees?
Companies lay people off when the stock doesn’t grow the right way, even when they’re highly profitable.
The Jack Welch playbook has fucked the concept of business success so hard we can’t even recognize what a huge pile of shit it has become. It needs a reset.
Not enough available to tax to pull this off. BUT, when you factor in dropping all other social services, now we’re a lot closer.
Right, tax the fucking wealthy. It’s insane how they hoard money.