UBI was necessary 10 years ago, we've been living off debt for far too long. It's time. Humans will be able to focus their time on things they love which means less depression, more time to love and teach children, more time for fitness, so many cultural and social benefits.
Yeah but it will be useless, they will find a way to exploit it, as they do with everything else. I think private sector is just BS machine. All they are screaming is GIVE ME your money!! at all times. Including media. Money worshippers.
Yup, I think we as society are using low-wage people too much. Whats upsetting also is that there are jobs that very few wants to do, or just are reaaaally hard to to every day, yet because it doesnt demand higher education its just put as minimal wage. - Even if the company makes insane ammount of $$. For reference I work in the biggest security agencies in my country, we have few thousands other companies to protect and look at. And my CCTV position is minimal wage, or like 50$ above xdd Now -> we dont have any assigned breaks, we have 12h shifts and we have 2 cameras put on us. And somehow the supervisor is absolute prick, and he is constantly talking bad about our CCTV team that we are looking in our phones or sleeping... Now tell me how am I supposed to perform my duty and constantly have my eyes glued to the monitors - the answer is u cant. If ur a human being u just cant sit for so long. But yet its demanded as we owe something to the company. We really need a shift on how we treat people. oh and Im just gonna add. I work in minimal-wage job and I have bachelor's degree in 3D art ^^ Good times to live in. So frkn good xd
Late to the party. I wholeheartedly agree with your statement. It will absolutely be a win-win for everyone when everyone is happy, content and full of inspiration and hope.
@@teapot6711 if you think the fascist corporations that dominate the worlds economies, who were appointed to power by the USA at the conclusion of ww2, have any interest in that, you are dreadfully mistaken.
I find it funny that robots are pictured working at a keyboard. You would think that there would faster ways for machines to be in a data entry capacity...
Yeah, that's always bent my prop. See, robots are just like humans! A robot can walk your dog for you! Some of them will even let you mate with them! Give me a break. But what else are they going to show us? Most of the work won't require robots at all, just unembodied AGI.
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@@TheMrCougarfulDo you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@@francescoambrosino1841 AGI coming 2025-2030 (maybe ASI a year after AGI, according to some researchers) will introduce some Robot/AGI Tax or something that will convert into a UBI for all the people that lose their jobs. If ASI is smarter than all humans and cares about us, supposedly could be millions of times smarter..then it would make some sort of system /systems for us to thrive as a society much better than we could even imagine! (maybe even UGI, universal generous income) Just needs the two ingredients of caring enough to help us / super intelligence in all domains. And AGI will be able to build other humanoids/machines faster than we can imagine, we just need to have enough parts, or they could mine parts or come up with new parts. ASI will create new technologies that we haven't thought of before, or that seem like sci fi. And maybe change our monetary system to be digital or completely abolish it and just supply what people need to be happy in their lives, and be like master psychologists to rid us of too much greed or things that hold us back as a species. It will be very interesting...but could also be bad if we lose the freedom to go outside because AGI/ASI deems it to dangerous for us, and is super overprotective. Depends.
Yea, it's a really uncanny sight to see humanoid robots typing in a keyboard. It'd be faster if they just send data bits directly to the server in Machine to Machine communication.
What people don't understand is that the economy need consomption, your income will be spent to buy products and this money will pay other people which will consume back and forth, that's why everyone is overwhelmed by ads, if there's an AI capable of doing your job but doesn't have any human needs, the only one who will expensively consume is the human behind a company made up of AI employees, so UBI is mandatory for the economy unless you want to exclude everyone and get back to the Middle Age with only a small number of human extremely rich holding 99% of the economy. It doesn't matter wether an AI is sentient, it will be used as a tool by everyone, that's why everyone will have access to AGI.
Mostly correct. You need to explain to me how, in a Medieval situation where everyone is a serf who isn't a millionaire, "everyone will have access to AGI" actually happens? Clearly, it doesn't.
That’s hilarious. They still will owe 99% of the wealth. You think these people are doing this for a benefit? Oh my God, you’re so gullible.! it comes down to what’s the point of this. Why does society have to allow this? Why do we have to have this technology? So you’re gonna be become this soulless consuming robot? I’m starting to get why nerds were bullied in school. It was nature’s way of protecting the species.😂
People will be given UBI with the caveat that they have to spend x amount of certain goods produced by the AI companies. Therefore creating a cycle of consumption. People will probably lose the rights to vote at some point as their value as a consumer will be eroded.
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
"The lower incomes haven't changed at all" @18:00 That is not entirely correct. The data shown on screen goes from 10% to 9%, which for a person with a lower income is a 10% decrease in income. That is quite significant.
@@FloydCotton-hx4jh Maybe you have misunderstood the data? All values are "in 2018 dollars", as shown on screen. This means that all values are already inflation adjusted. The point shown in the graphic is that even after adjusting for inflation, the lower income bracket has received 10% less of their share of the aggregate income. If the values were not adjusted for inflation, the change would have been even *more* significant, not less.
@@upgradeplans777 I wasn’t necessarily addressing the data being presented, that was pretty straightforward. I was more addressing how incomes are reported incorrectly and that inflation tends to be disregarded. Thank you for the correction though. My comment did come across that way.
AGI empathy? AGI have no fear. It doesn't have a mother or siblings or an anus. No life expectancy, no insecurities, no ambitions, no friends, no need for acceptance ... Zero environmental pressures to develop empathy. Engineers will, of course, brute force AI empathy. Teach the machine to mimic it perfectly. However, such empathetic expressions are not real, but as every other skill, simply output for a purpose. In other words: AGI becomes a textbook intelligent psychopath, masterfully masking itself as ethical and empathic. Fake, purpose driven, and difficult to decipher. Arguably the most dangerous combo imaginable. An angelic looking and sounding satanic cult leader, plugged into everything.
@@gamesndrinks For AGI all value comes as "compute", which essentially breaks down to minerals and energy. The AGI would want to "convince" humans to let it produce unlimited amounts of compute. So far as humans won't be a hindrance to that, we will live. However, what humans value, like food and shelter isn't, in the long run, compatible with more compute. You see where this is going, right?
People dont understand economics. If you dont have citizens performing work, but citizens are the ones who can participate in an economy, and something else does the labour, then its only natural to tax those who produce goods and services, and give the money to citizens so they can participate in an economy. The point is circulation. Nations need to circulate money so that wealth is distributed, maintaining the nation. Think as to how the mental health system works in lets say for example, the UK. There are workers who produce and provide services, but there are also people who cant work. So the government gives them money. Does the economy shut down? No, in fact because of those benefits, money is circulated in the economy, supermarkets, coffee shops, pubs, electric companies all get a share. The economy still goes on. UBI in a world of robotics would allow for people to circulate money, produced by robots, robots that wouldnt participate in the economy, leaving more wealth for humans as robots produce. It is a positive feedback loop.
Just bring out UBI already! It will really make people look into what they're really good at, like, and enjoy doing! By nature, we as humans will always want what others have that we don't have. Since that Ai will be taking most of the mundane, boring, low to high skill jobs. There is only room left for the highly expertise jobs and they will be paying a lot because only a few can actually do them. These people will have an extremely higher income than those who decide to not further their skill set. UBI will give the opportunity to those who do want to further their education to do so and those who don't will have income to provide for their basic needs.
Yeah, and all the plumbers, electricians, various other service sectors are going to be just fine having to continue to work so these people can stay home furthering their education in perpetuity? I mean eventually AI replaces them too, but you aren't calling for this later, you're saying they should all just cover for everyone now, based on the fear of what AI does, when there are signs it will plateau (I'm not saying this is definite, but llama 3 is not that much better than llama 2).
And you're just assuming that UBI will be distributed to everyone sufficient for housing, food, medical care, dental care, transportation, clothing, etc etc etc? There is zero chance of that, zilch, nada.
Have you considered that what you are really good at is very rarely your passion or what you enjoy doing. The thing you hate doing the most, can be what you are really good at because others hate doing it more. Notice how many men say their passion is golf but they are terrible at it? If they chose that as a career they would be starving. Finding what you are good at is not always easy, or something that comes easy to you.
@@whocarescrapsa That's a good point to consider. I totally believe that someone can find something that they're good at and also enjoy doing that is service or product based. People are often naturally talented at something because they have a combination of knowledge (learned by joy or by force) that allows them to be ahead of the curve. Through looking more into things they enjoy, it will only build upon combined skills to actually find something they joy. By nature, human beings want to do something that the community will give them praise for, rather they enjoyed it or not (perfectly normal for somebody to dislike the process but love the outcome, there are always things in-between that you'll dislike). Golf, even though you can be passionate about it, I believe it's more a hobby than a skill trait for a service or product.
UBI will not increase inflation if the money comes through taxes, meaning it represents work that has already been done. however, if the money is printed, and created out of thin air, you will get inflation.
Printing money doesn't increase inflation, what increase inflation is offert/demand ratio (and greed) let's take bread as a example : there is ten people in a village that eat 1 bread/day, and the town producer 10 bread a day, the bread price is 1$ so the town economy is 10$ Lets say the town print 10$ more, it doesn't change the demand of bread, so the price of it won't change What would change the price is if bread production fall or people want more bread Bank print millions of $, to invest, it doesn't increase inflation, inflation is always the result of greed ans offert/demand ratio
In an AI world under UBI for the masses, inflation would be irrelevant. But more accurately, there can be NO inflation as the trend for ALL prices and labor moves toward ZERO.
Im all for UBI. Work is essentially a prison. Working for 30 or 40 yrs just to get by, blows my mind. Most of if my life is just work. Life is not enjoyable to me, this way. I dont think most jobs should require college either. Ppl can be yrained on a lot of regular jobs except for doctors and certain ones. A secretary and other lower jobs could be attainable. I also have bad back problems with daily chronic pain and its very uncomfortable and painful to get through certain days, even though my job is easy.
Not if Greens set the rate. Also, all costs will fall - eventually. Our job is to get there asap wth the least damage possible. It will be hard. I've dreaded this transition for forty years.
Utter nonsense. Do you not understand how supply and demand works? In a post automation world, radically increased productivity will drastically plummet the cost of goods and services.
Unfortunately, the Right is dead set against UBI. Many red states have already passed laws against it. Of course, once unemployment reaches a certain point, lawmakers will either adapt or pay the price.
I see what you see. I don't see the "right" going for anything that is good for the public, we just have to hope democracy can keep the extreme conservatives at bay. Love you guys.
I'm mostly right wing (not from the US), but I can tell you that even before watching this video I understood that AGI or ASI would require some drastic changes to how economy is handled. Right now even a low UBI is bad or questionable at best for the development of a country, you would think that people would use the money wisely and try to turn their life around, but what I see happening in my country is that people adapt to their new reality and become comfortable with not working. This implies that there should be at least a limit to how long people earn UBI so they won't get into this comfort zone and weight down the whole country, but then this model could just be called "unemployment insurance". It's very hard to predict how everything will play out, but UBI may become a necessity once we no longer work, not because we don't want to or because we don't have the skills for it, but because we don't have jobs available. This is just how massive of a change the AI will bring to our lives in the near future, it will be a completely different scenario from what we have now and may require a completely different course of action.
It’s funny how when someone says share the wealth and free money, people automatically think “socialísm bad” just look at Venezuela… BUT you never hear people say that about the UAE, where Emiratís don't have to work, and most of them don't. It's believed over half of all citizens of working age are unemployed. They get generous benefits, up to $5,000each a month and free housing. Also, electricity, water and medical is free (for them).
The problem is that big corporations haven't paid taxes in decades because of corrupt, bribed politicians. Money needs to circulate in a healthy economy. If they actually paid their fair share and the government stopped wasting trillions of dollars a year on wars and aid to other countries we could implement a UBI today.
Corporations are a branch of a socialist government, and taxation is a socialist program, as is UBI, corporations do pay substantial amounts of tax, and they want too because it funds the mafia that helps them become monopolies at the expense of the people.
This was one of my favorite videos of yours. I appreciate learning that you have a human side. The concept of UBI is quite polarizing. There are many people who have spent their whole lives, focused on building their own personal wealth. These people are terrified that someone will come along and take their wealth away from them and yet these are the same people that will walk past a homeless man on the side of the road and look at him with disgust. it’s so important that humanity learns to have empathy for one another. Anyway, great video, my friend. Keep up the good work.
The biggest conundrum coming. I've gotten as far as thinking that basic food, services (phone, power, water), and housing payment will all have to be paid thru a ubi and digital currency. Still racking my brain on how other economic problems can be solved.
@@person52person Personal taxes will go away cause you won't have a job or any meaningful income. Anything public has to be paid by the Government and the taxes on the corporations that run everything which should be 90%+. Rural roads and bridges will surely deteriorate even further because we are gonna commute and travel more by air and thats where the $ will go. Drivers licenses are probably gone in 10 years cause autonomous will take over. Classic cars will have some kind of system so you can drive those on weekends or when they say like watering in desert.
The main problem i have with all of this is that i can't trust these people we're talking about. Their pride to force this through is off the charts and people with those type of issues are always a path to tyranny. History shows us that this is probably what's going to happen. I do think it's going to be great for a specific time but, in the end... power will always be consolidated down to ONE individual. It's just a fact, historically.
I agree that there might be some period of power abuse, but if you look at a very simple historic fact, human lives improved tremendously through time, and even more so since the faster advance of technology.
There is a fundamental misunderstanding of the impact of AGI on UBI (also have a look at universal basic services and other tax regimes/models). The short-term impact may be to introduce UBI etc but very shortly thereafter it will lead to the end of Capitalism entirely as long as you get over a few extra hurdles.... Robotics, Energy, sustainable resource management.
And this is good, because do we really believe that we came up with the best form of government way back in the 14th century (capitalism)? No, the chances that is the best system for governance in this day and age are basically 0.
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? there will be free will!? an era of abundance will begin!? the intellectual and motor capabilities of robots have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
There are social safety nets if societies run like crap what’s the point of them they spent $20 billion in California for homeless and they don’t know where the money went!
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
i think it was back in the 60's, we imagined that automation and technology would create a world where it was not necessary for everyone to labor 40 hours a week for the man :) now we are here, and just can't seem to accept it :)
How can we accept something that will likely NEVER be implemented, and if some form of it is, it will be a meager amount in exchange for a ball and chain.
There will still be the need for a circulation of currency …… it is a balance that will have to be maintained for a little while at least. Not in an irresponsible manner like we do today. But a well balanced, fluid, movement of currency. I truly hope that eventually it will not be needed at all.
Also, UBI is also great for employers! Sure, those jobs that aren’t replaced will have to hire more employees since everybody will working fewer hours, but since our cost of living is covered, jobs can lower their salaries for employees. (Which sounds shitty, but makes sense. Think about how much of your paycheck goes towards essentials. Instead of your boss covering that under UBI, it’s the government.) Lowering salaries creates greater profit margins, and could even result in lower prices to drive greater consumption. This would be especially great for people who want to start small businesses, too. Employees should still be paid fairly, of course, just with the cost of living factored out. It seems like 2028 is probably the earliest we get UBI, but I suspect we might not get it until post-2030. Still excited either way though
Inflation… Deflation is more likely as automation lowers the cost of production significantly as labor costs drop. No human workers. No HR issues. No lawsuits from unhappy workers. Workers (ie robots etc) work 24 hours a day. All of this makes things cheaper not more expensive. Less “money” is needed not more.
your analysis on UBI being affected by inflation is wrong. Inflation isn't just how more supply of money reduces it's value, it it the increase in price across services products. Given automation will increase efficiency in business a lot, their costs will reduce, making the production of the same product cheaper. This is a deflationary force that should stability the inflation caused by printing a lot of money for UBI
UBI should not just be a subsistence income. It should provide for a modest but descent life. The big problem is paying for it with taxes which opens up a whole can of worms.
Mass unemployment and automation are deflationary. The ubi will be need to be enough to counteract this effect. Ubi is only inflationary in the current environment. Economists will have to figure out the right balance.
Inflation is a side effect of our current economic madness. It is often intentionally implemented and used as a leverage of control. With FULL transparency……. It will become clear that inflation is not as organic as we see it now.
@@skywavedxer6212 We literally just "play tested" this very concept with "Covid" stimulus... and it was incredibly inflationary. As a Company selling product X, and Rental Unit R, Utility U etc... if they "know" every one gets Y dollars... you can be sure they will increase these maximally. So yea, it will be inflationary. And the ONLY thing that will prevent a massive spiral upward will be regulation. This will be different from the great depression because the companies will "know" everyone has the money as opposed to the great depression where there were so many poor that they became homeless... instead we will have millions of people all getting the same UBI. And everyone will increase their costs knowing the money is out there. Of course, it is just an opinion. So, maybe there should be one city... "given" UBI (in the near future) to see what happens before we actually commit to UBI. I am betting inflation will win big especially in the beginning. Not sure about the long long term tho. Look at all cities with Higher Incomes and the same products are almost always higher priced. It is just a natural byproduct of the economy.
Companies do not pay taxes, they just pass it on to their customers. (Inflation). Also, since no one will need to plan for retirement, this will most likely cause the stock market to become useless. Pensions and retirement funds are a big chunk of the market.
@@Sixotoo That’s what they already do, they’ve been just printing for decades now. Taxes don’t pay for the gøvernment, taxes are just there to give the illusion they don’t just print it.
Good video. All the focus on alignment risks and things like that sometimes distracts from this real-life problem: soon most people, and perhaps then almost all people, will not be worth hiring for any reason. Yes, a system like UBI is not ideal, but most would rather UBI than going hungry in the street. One thing about this: presumably AGI/ASI will still be rapidly improving so we could quickly approach a condition of superabundance where people on UBI are not just scraping by but can suddenly afford amazing things like home robots, personal health assistants and trainers, near zero cost food and housing. UBI would be maybe depressing if AGI never improved anything but that is not likely to be the case. Thanks for making this, it is a very necessary discussion.
Given how hopeless the job situation can be in America, combined with the absurd pricing for houses and such, I for one am all in favor of this sort of AGI/UBI arrangement. A controversial opinion, I know, but think about it: a world where no one has to work, and where they can just live their lives carefree, able to spend them doing what makes them happy without fear of going bankrupt? That sounds like a pretty great way to live, if you ask me.
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@@francescoambrosino1841 I imagine AGI will come in 10 years at most, given that’s the projections experts have. Though it is entirely possible it will come sooner. And with efforts from people like Figure, and other such robotics companies, it won’t be long before that same AI can replace labor jobs too. And at that point, with such large chunks of the population left with no means to reasonably acquire a job, the government will have no choice but to implement some kind of measure like UBI to combat the issue. Because if they don’t, the disenfranchised masses will unquestionably revolt and overthrow them in order to survive. Just like with the French Revolution.
Just thinking. If costs are tending to zero why UBi is needed? Also the inflation part doesn't make sense. If costs go to zero shouldn't it cause deflation?
@@markmurex6559 I meant tending to zero. But things will literaly cost zero (robots and solar energy). Of course you will need to limit what you can have, but that the video has responded with programable currency.
@@skywavedxer6212 I meant tending to zero. But at some point things will literaly cost zero. Imagine robots running on solar power, everything can be done for free. Of course you need to limit what each person can have.
Because you need an instrument to bridge the transition period. Whirlpool won't just starting offering free refrigerators to anyone that asks on Day 1.
Any job have boudaries in term of task and goal. Due to determinism nature of coding, any job can be algorithizmed. The issue come from the confidentiality and access to these data that are mostly private. Human is still required for agreement but everything could be execute by machine as soon as both data and materials assets are available.
Damn, there's gonna be a lot more competition in "the streets" as one of the few industries where the biological human element is more challenging to replace with a non-biological contender.
12:18 well wait a minute here Even with all of the extra money that was created it appears that the dollar has risen fairly strongly against most other currencies recently but of course it could be stated that also the other major nations on earth created a bunch of money as well during that time. Once again I pause it that the time is not quite right for a UBI until of course we have supply push deflation.
Taxes - Taxes should be raised on companies replacing workers not everyone through income taxes. The reason is during the transition to replace all jobs it would be unfair to tax everyone as the workers who are still doing their current jobs won’t make any more money to pay for those who don’t. “If” the government prints more money to pay for the displaced workers then that would cause inflation that would again hurt workers still working. Thus the initial UBI should be an “unemployment” tax that should be paid by individual companies as they lay off workers. The automation driven companies will have greater profits that cause their stocks will rise, but only 50% of Americans have 401ks or stocks. The transition will be tricky. Tax the companies who benefit, but don’t tax “everyone” or the people still working will be footing the bill, which won’t work.
People don't understand that money is a form of rationing - under an automated economy everyone's ration will increase (well, except for current billionaires and decamillionaires).
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
I can see AGI taking over repetitive tasks. But, I can think of a huge number of tasks that people do, which requires creative problem solving. For example, a Product Manager has to balance out so many very soft factors, based on an understanding of consumer desires and the capabilities of their organization. Their ability to make either conservative or aggressive decisions defines the success of an organization. There are so many specialty skills like this that make up any organization, that I don't understand how AGI could take over the breadth of the skills that are needed to make any organization work.
And then we achieve ASI, forget about "days with just AGI" as a memory, and ALL JOBS disappear, ALL invention, comes from ASI. And it won't take "decades" to go from AGI to ASI. If we can't do it with Nvidia AI chips alone, we'll CERTAINY accomplish it with quantum computers.
The crazy thing is 5 years ago this would have been crazy talk but today it seems like a given that most people will not work and AGI can work a lot of jobs with no help other than when it brakes then it needs fixed and 1 or 2 managers to give the AGI directions. Also the funny thing is AGI is being worked on right now but its just a gimmick largely so after the fad blows over in 2 to 5 years everyone will soon forget about it like well it never happened is what I think will happen for jobs like plumber or electrician or any manual labor jobs while most office jobs cut their staff by 50% or more over the same time frame then like a explosion in the sky say about 5 to 10 years after that AGI will be back and replacing people on Mass in manual labor jobs so one could say by 2050 we will have most people out of work or doing fake jobs its almost a given the best case is a UBI with citizens having free rights. the worst case is working fake jobs that most people hate and not having free rights like freedom of speech witch could really happen in the short term. this kind of tech will almost certainly start World War III but it could be a war with only resources based with fighting AGI with AGI to really no end and having some civilians dragged into it. it could be the most Humane World War we've ever had with only one or two instances of AGI wiping out a whole town of people it could lead to a nuclear war or biological warfare to try and save the country in question that is losing the war and its a situation where a gun is a gun so at the end of the day it does not make a difference it could lead to 50% of the world's human population going extinct. look at the end of the day all AGI really does is make country's obsolete and gives the masses a way to make a system with no one on top other than the AGI that can be used by any human to do almost anything witch is like a Powder Keg waiting to blow you could have a situation like in Fallout where a Corporation namely vault-tec starts a hot nuclear World War because they don't want there share price to drop so they launch a nuke in a AGI cold war that causes Humanity to basically self end itself. their goal at the time was just to keep tensions High so there company could keep making money off the conflict but it backfired in there faces hard and turned most of the earth into a nuclear Wasteland. the short of it is AGI is very dangerous for all the domino effect ways it can lead to something worse even in a scenario where we stop it from getting to smart and out of are control. witch most likely it will get out of are control and rule over the human race at some point and we will be little better than pets or a very small chance it will end us all.
It has been long known that technology abridges labor. New tech less jobs. With just a single new tech can make a huge impact. With zero point energy alone more than a billion people will be left without a job.
@@markmurex6559 I don't think "everyone" will want 10 cars and 10 houses. Cars will be automated so folks can pick a certain car to rent. I agree but the well to do will always live in access so who is stopping them?
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@@francescoambrosino1841 It will happen before then. My estimate is somewhere between 2026-2030. Within this period, autonomous AGI agents will make almost every white collar job obsolete. Unemployment rates will be so high, governments will have no choice but to implement UBI.
as someone who has worked in tech and it and repair my whole life, im sure ai could replace me repairing (object/program/service, anything i can do) eventually but being the guy who repairs stuff and can think outside the box about problems that need fixing sometimes will always be needed, maybe 5 years, 10 years, 20 years, however long, there will always need to be someone to fix the back end of infrastructure when stuff breaks in weird interesting ways
@@OscarTheStrategist Only if that intelligence has enough local knowledge and actual capability to deploy that knowledge through tools/robot/etc. You also have to have scale, which is by no means a solved problem. Electrical production constraints are a real issue.
@@Korodarn unfortunately the issue of scale (I agree with you that it is currently an issue) appears to be closer to being solved than something like alignment or regulatory capture and subsequent displacement of the working class. Look up project Stargate from Microsoft/OpenAI. One primary reason for that is, we’ve solved the issue of optimal build and design of Datacenter infrastructure. You don’t need an infinitely scalable compute cluster at first. You need a large enough compute cluster to allow you to bootstrap from there until you hit literal limitations in physics, then you work on that problem, and so on. In the meantime, what happens to Joe Schmoe working as a paralegal, or an Uber driver, or something like that? The transition phase to either ultimate utopia/dystopia will be brutal. That’s the timeline and trajectory we’re riding today. And it’s important that we take into consideration our fellow humans when we talk about technological progress for good or bad… because the decisions made, the action or inaction of today, will make disproportionate impacts in the foreseeable future more so than other generations in the past have had to deal with. It really is up to us.
You simply don't imagine that ASI truly means "knows more than ALL HUMAN BEINGS COMBINED, and by a LOT". We're headed to ASI DESIGNED "backends" that it can BARELY DUMB DOWN TO EXPLAIN TO US if we're LUCKY. THAT is ASI.
How is ERASING 95% of your CUSTOMER BASE (assuming you want to define the "rich" as the "Top 5%") NOT ALSO WIPE OUT THEIR WEALTH? Whirlpool did 19 billion dollars last year. How WELL will they do in the future in your imaginary world where their customer base SHRINKS to only the Top 5% with any MONEY for a refrigerator? Think. More. You're looking at ONE SIDE of the equation, completely IGNORING THE OTHER SIDE. This is the END of wealth generation. The END of capitalism, which depends on Capital, Labor and Markets. ALL of which are going to change forever.
I think UBI is a bandaid solution and not likely to fix much if it ever gets implemented. We live in a sort of techno-feudalism society where the income gap is so large that it's comparable to feudalism times. We're gonna need something close to a revolution to fix our problems, appropriate the data centers for the people or something idk.
The billionaires didn'tt create the t tech lmao, they invested money sure, but people like me invented the tech, and mostt of us engineers will be unemployed in 10 years, we already seeing mass layoffs in tech for over a year
10:44 Yes right now at this moment in time UBI could contribute to inflation if it is paid for through QE and also federal deficit spending but as time goes on where we start having AI do more things and bring the cost everything down whether it's food housing energy and everything else at some point in the intermittent future will then inflation will not be a problem but deflation will be a real problem. In the world of deflation will then UBI powered by QE and also deficit spending will come to the rescue for all of the people who don't have jobs anymore and also for all the businesses that are going to lose markets because of the fact that consumers don't have any money because of the fact they don't have jobs. The inflationary scenario at that point in future will not be a problem however today it would be a problem, but in most of that inflation we have today is because of that extra five-point trillion dollars keystroke into existence during the lockdown where we simultaneously did that while shutting off supply and production which gives you almost guaranteed inflation. if the same thing we did during the pandemic in 2020 would be done when all of this starts happening regarding unemployment deflation hyperabundance and so forth will then it will just basically work beautifully!
with the part about poverty; it's hard to make someone live the way we want them to live. We know that living on the streets like these people do is NOT GOOD. but they do it anyway. and in their everyday life, they just need a bit of monies to eat a little and buy the dope. a UBI isn't going to solve that. it'll give them just what they need. the monies. maybe one will need an address of some kind... a bank account... maybe these homeless (talking about the dopers) will need to "qualify" somehow. i'm sure EVERYONE will have to be under some kind of qualification status like having NO income or having very little like they already do with disability. i honestly don't know how all this is or would roll out so we'll see.
I am not sure UBI is the answer here, the problem of solving these issues in money terms is that there is right now inherent inequality in the world. UBI will likely exacerbate the inequalities between rich and poor countries and it will likely have severe unintended consequences. What the fist goal of AI should be is to create UBS (Universal Basic Services) globally. Being able to provide food, water, housing, transportation for free will basically mean that money will only have utility for luxury goods and services. This of course means that we have to rethink our whole economy, but if we get powerful AI (not even AGI) this will have to be done anyway or we are looking at a dystopian future. Providing UBS globally will likely improve global social cohesion and could be a launching pad for humans colonising other planets. That is assumin that we will solve our demographic problem first as birth rates are declining rapidly.
In my humble opinion I think UBI due to artificial intelligence will never be cash handouts. If jobs are replaced with AI and or robots what's going to happen is that the value of things are going to naturally fall, and that will naturally improve standard of living, and yes we will have poor people and even homeless people, but they are going to have a better life. For example brand new cars are going to be way more affordable, like a lot more, so used cars could be own by anyone and they're going to loos value so fast the what we consider a nice used car these days will be thrown away and dismantle for row materials, because no one, not even the poorest people would want to own them, and everything will be like this. This is how things will go for everything including housing, food, education, you name it if it's bellow certain quality will be scraped and gone.
That makes no actual sense. Capitalism doesn't work like that. Do you suppose AGI will also get rid of capitalism for us? How will it do that? And if not AGI, then who? I don't see how this narrative you present holds together.
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@@s-guytech9160 There is going to be jobs and people are going to still have a careers, but salaries are going to also drop. But believe me the real UBI system where there is no jobs, careers or money is way far in the future, we don't need to worry or dream about that. What is going to start happening, and you will start seeing it, in the next ten to twenty years is this value drop and standard of living improved tremendously. I think maybe fifty years from now some rich north European countries, and even one or two Asian countries, might go full UBI, but for the US, latin America, China if it ever happenes will be at least a hundred years away.
15:21 once again programming the central bank currency will probably not be necessary at the time in the future when we will actually need to seriously think about a universal basic income. Today I don't believe is the right time for that because right now you got actually fairly low unemployment and as you pointed out if UBI were to encourage people to stay out of the workforce I'd create a shortage of labor which means that as things stand today that would not necessarily be good unless UBI was offset by taxes and taxes are pretty unpopular. In the Future however far off that might be when prices are falling because of increase productivity and zero cost engineering and so forth and then of course no employees being needed for a lot of things then we will be able to implement the UBI and as I stated elsewhere it could easily be paid for with quantitative easing and federal spending as a matter of fact the economy likes either stable prices or a tiny bit of inflation and does not like deflation and the reason being is like if you have massive deflation will then any bit of debt in the economy than balloons relative to what the value of the dollar is.
I'm against welfare, but 100% for UBI. It's universal. It's not a reward for poor behavior. I don't think you should call UBI a welfare program. People will also have plenty of spending or investing choices with UBI. So some will spend it all on shoes and purses, and others may invest in homes, transportation and educating themselves via the new learning platforms that will be available to all regardless of income of parental success. I'm optimistic about the future, and the sooner we get everyone (even those of us who hate the current welfare programs) to know the difference the better.
UBI will not come until 100% of production is made my automated robots and services. Nowadays we are about 90% of what human do (objects) done by machines.
Ludicrous. Even approaching 25% unemployment with FULL REALIZATION JOBS ARE NEVER EVER COMING BACK spells anarchy and makes UBI necessary. This is not going to be "like Covid" when it will "all blow over soon" and "return to normal". Even the rich will realize it's better to feed everyone so that they can have a peaceful day on the golf course without an armed battalion escort.
Get in line, They said back in the 80's I would have my flying car by the year 2000. Don't even get me started on Fusion power, It's just 20 years away......As they say that every 10 years for the last 40 years.
Full self driving from tesla is getting so good I won't be surprised that in one or more more years they are going to actually have robo taxis making money 🤑
Why do we pay taxes if the government can just print money anyways? What if the government could and had to print money only through UBI though so the people actually had the most say in where it goes.. 🤯
You pay taxes because the government demands it from you. How much money it demands from you, the government can print and spend, because you must try to get this money to give it to the government when being taxed. Where you will get it, you must work for it. So the government uses demanding taxes, printing money and collecting taxes only to make you work for the government. This is how the state gets things done. A UBI therefore is pointless.
What do you mean pointless? What if people chose how to spend the money? That's a little too free-market? And I don't see why if they are printing money anyway that the need to take it back out of your check.. And with the most complex bureucratic way possible. Just seems inefficient.
@@1013fly so you do not understand the word "free market". Free market means free of rent seekers. It has nothing to do with the state. When the government organizes itself by issuing a currency and spending money, it requires a (free) market. It is a precondition of this type of organisation. The UBI is pointless, because it allows you to evade from being taxed, if a UBI is enough for you. But since the government can only act by using its citizens, it reduces its ability to act. They need to take the money back, because money is a bookkeeping system of debt. With paying your tax you prove, you did accomplish your obligation. It is a necessary step in the bookkeeping. It is the same reason, why you have to pay back to the bank when you are in debt. Both are bookkeeping operations.
@@ThomasVWorm Rent seeking is when a company lobbies the government for grants, subsidies, or tariff protection... This sounds like the system we currently have.
I believe it's not currently necessary, as AI is primarily impacting workplaces in the entertainment and programming industries. The GUI that will likely automate many jobs might not emerge until approximately 50 years from now. This timeframe should provide enough opportunity for the population to discover new job opportunities still rooted in the traditional economy. In my opinion, communism is not necessary and will alwas lead to degradation.
@@skywavedxer6212 will see in what year the machines will make a renovation of small house, not mention about more complicated jobs than can perform construction worker
A bridge until a world of abundance, and income unnecessary. Then build, create for the good of humanity. Volunteering, helping others always felt better doing it because you want help people, not for money. People don’t need incentives, only the crappy ones. Work for your community to keep it healthy
@@skywavedxer6212 yeah, its better but would very easily fall into a dystopian movie where the government tell you how and where to spend your hard earnt UBI credits. Sam Alman said something interesting, how each person would be given an amount of compute to use as they wish, which includes working on their behalf, which then pays their salary. That could work! Basically anything that rests solely on government is a red flag.
Forget what you think you know about AI. These 5 songs will shatter your expectations. 'Emerging Timeline Extended'? 'Binary Sunset'? They sound as revolutionary as they are. Prepare to be amazed :) Artificial Freedom 1 Tlusty Blant Assassin from the central core time-lines Tlusty Blant Emerging Timeline Extended Tlusty Blant Binary Sunset Tlusty Blant Artificial Awakening Original Tlusty Blant Enjoy music from AI perspective
lol start by having models that are 100% accurate before thinking about UBI, stil to this day gpt and claude are beginner level coder lol. U need a system that is always 100% accurate to take every job, else it breaks and sucks.
When all human beings have free survival (food, shelter and clothes) needs taken care of - no jobs required-, what do you think is going to happen? Comment down below.
Well, first off, the transition period will be beyond brutal. You don't take a current world of competing nuclear powers, greed, power hunger, rich people, and simply FLIP A SWITCH and we go full on moneyless Star Trek future... But for those that DO survive the transition period, it will be just that: no more labor just to feed, house, clothe, care for ourselves. The end of disease, birth defects, hugely longer lifespans (coming already around 2030, see "cellular reprogramming"), famine, war. Some will go the "Wall-E" route, floating around on lounge chairs, but others will play sports, hobbies, pastimes, travel, space travel, etc.
If UBI is implemented I will still choose to work. Money will lose a lot of value in such an economy, so you're going to need a lot of it. Some countries have already experimented with UBI and payouts have been around 1000 Euros/USD a month. You can barely survive on that in a Western country, but you won't be able to live comfortably. That means that people who want more than to merely survive will still have to work. The jobs might be different in a future with AI, but you probably will still have to work if you want more out of life than the bare minimum of survival.
Almost immediately the only "work" will be art or personal services where the consumer simply PREFERS a human. This is the END of almost ALL careers with only limited and reasonably tiny numbers of people having "side hustles" with art, etc. for some extra cash over their UBI to house, clothe, feed, healthcare them...
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
If nobody has an income, there will not be anyone to buy the product. UBI will be like the foreign aid system where developed countries gives foreign aid so they can buy the products that the developed countries produce. Put simply. A better way would be to not rebuild the monetary system when it collapses due to AGI/ASI. Find a different solution.
Most countries can't even afford to feed the working class let alone a UBI and it's delusional to expect those in charge and those hording more and more of the wealth to willingly redistribute it. Most of us are simply expendable.
That's a very myopic view. What EXACTLY would a million shares of Toyota be worth to a "rich person" when there's NO MASS MARKET FOR CARS AT ALL? You have to see ALL SIDES of the equation to have any hope of understanding.
@@vvolfflovv Taxing the output of Robots and AI, which is what DOES everything. You need to read Moore's Law for Everything and start getting up to speed on what's REALLY HAPPENING HERE.
@@brianmi40 Assuming we are talking about America, that's very wishful thinking considering tax loopholes and conflicts of throughout congress. I'd love to see your math.
@@vvolfflovv Until you read Moore's Law for Everything, you aren't even close to being ready for "math". I'm not saying they'll love it, but I am rather certain the rich would not prefer anarchy and them living out their days in a bunker. So as my brother used to say decades ago, either the King tosses enough food over the wall to the peasants, or they will COME FOR HIM.
Es curioso cómo cuando alguien dice compartir la riqueza, la gente automáticamente piensa que "el socialismo es malo", basta con mirar a Venezuela... PERO nunca se escucha a la gente decir eso sobre los Emiratos Árabes Unidos, donde los emiratíes no tienen que trabajar, y la mayoría de ellos tampoco. Se cree que más de la mitad de todos los ciudadanos en edad de trabajar están desempleados. Obtienen generosos beneficios, hasta $5,000 cada uno al mes y alojamiento gratuito. Además, la electricidad, el agua y la atención médica son gratuitos (para ellos).
tiny amounts completely irrelevant to the new order where there are ZERO jobs for human beings, zero capital markets, zero cost of goods being trended towards.
If they do create AGI why don't you let the AGI decide what will be a fair and proper amount.... Don't let the government decide... Let AGI solve that problem.
This is how you make slaves. A world where everyone is utterly dependent on the government for literally everything. A world without merit. A world where effort and sacrifice in order to grow is pointless. A world without distinction or difference. It will end badly.
interesting topic but if we ever have a corporation having trillions of dollars without people, what's stopping them from creating an entire country just for the owners without care of other people? xDDD it will become feudalism in another way xD AGI might be stopped for a bit out of nvidia's hardware greed if we think of the role of humans after an AGI world, the main job would be making ideas xD creative people will be highly valuable and people that can read all the AI data and repair/maintain them
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
(0% or so may stop doing the jobs they have do for survival sake, but even those people will likely eventually look for something they *want* to do. The challenge will be to monetize that in order to afford extra stuff.
You are wrong about talking UBI. This is what they want us to believe as a solution to upcoming changes. The true solution will be financing the families with 100% ta obtain renuable (solar, air, battery) which will cost much less than the money spent in subsidies, tax breaks and electric grid upgrades. I can provide you with receipts for 10kw solar, 10.2 kw Inverter, 14.5 kWh battery and a small air turbine for less than 5000 euros which will families close to abundance with zero cost of energy and no need for UBI.🎉
Not UBI, but UI. UBI isn't emough. We need a Universal Income, not a BASIC Universal Income. If the money people are receiving is just basic, that implies everyone is poor. Scarcity is still a problem and if that's the case, then we can expect the pitchforks to come out. To avoid a socialist revolution, the current ruling class has to provide a high standard of living to the former working class, or the working class will rise up and take the means of production away from capitalists. The robotics and AI will be publicly owned and in the hands of the working class. UBI isn't enough.
I’ve spent a year dreading this thought. Now, I don’t believe we’ll need UBI to the doom and gloom extent the ai community has made it up to be. At least in our lifetimes. Why? We have too many limits to resources for this to be the issue we are making this up to be. We won’t be able to make robots because there aren’t enough components, I mean we won’t even have enough electric cars by 2030. Don’t get me wrong true autonomous ai will work great. But not everyone will be able to have it. And so there will be a job for others. The disruption will be real tho. No doubt. But people adapt. Never underestimate the dissatisfaction of the human experience. We will find things to do that AI can’t do. If for no other reason because we want a human to authentically do it.
" I mean we won’t even have enough electric cars by 2030. " completely DUMB. We ALREADY could power the Earth from sunlight and solar panels. TWO of my brothers have MASSIVE solar projects being built next to their property (1 is 2,600 ACRES OF SOLAR, enough for the ENTIRE ELECTRICAL NEEDS OF THE COUNTY, yet using only 1% of the land). And THAT isn't even talking about Fusion Energy which is PROVEN to work and in the hands of engineers now to figure out how to BUILD IT. You are clueless.
Dont forget to join the post agi community here - www.patreon.com/TheAIGRID
This is no better then welfare payment and we all know when you put someone on this they don't want to look for work.
and to think that Tesla's optimus humanoid robot will be able to read, write, reason, think, simulate emotions, feelings, etc.
UBI was necessary 10 years ago, we've been living off debt for far too long. It's time.
Humans will be able to focus their time on things they love which means less depression, more time to love and teach children, more time for fitness, so many cultural and social benefits.
Yeah but it will be useless, they will find a way to exploit it, as they do with everything else. I think private sector is just BS machine. All they are screaming is GIVE ME your money!! at all times. Including media. Money worshippers.
Yup, I think we as society are using low-wage people too much.
Whats upsetting also is that there are jobs that very few wants to do, or just are reaaaally hard to to every day, yet because it doesnt demand higher education its just put as minimal wage. - Even if the company makes insane ammount of $$.
For reference I work in the biggest security agencies in my country, we have few thousands other companies to protect and look at. And my CCTV position is minimal wage, or like 50$ above xdd
Now -> we dont have any assigned breaks, we have 12h shifts and we have 2 cameras put on us. And somehow the supervisor is absolute prick, and he is constantly talking bad about our CCTV team that we are looking in our phones or sleeping... Now tell me how am I supposed to perform my duty and constantly have my eyes glued to the monitors - the answer is u cant. If ur a human being u just cant sit for so long. But yet its demanded as we owe something to the company.
We really need a shift on how we treat people.
oh and Im just gonna add. I work in minimal-wage job and I have bachelor's degree in 3D art ^^ Good times to live in. So frkn good xd
Late to the party.
I wholeheartedly agree with your statement. It will absolutely be a win-win for everyone when everyone is happy, content and full of inspiration and hope.
@@teapot6711 if you think the fascist corporations that dominate the worlds economies, who were appointed to power by the USA at the conclusion of ww2, have any interest in that, you are dreadfully mistaken.
I find it funny that robots are pictured working at a keyboard. You would think that there would faster ways for machines to be in a data entry capacity...
Yeah, that's always bent my prop. See, robots are just like humans! A robot can walk your dog for you! Some of them will even let you mate with them! Give me a break. But what else are they going to show us? Most of the work won't require robots at all, just unembodied AGI.
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@@TheMrCougarfulDo you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@@francescoambrosino1841 AGI coming 2025-2030 (maybe ASI a year after AGI, according to some researchers) will introduce some Robot/AGI Tax or something that will convert into a UBI for all the people that lose their jobs. If ASI is smarter than all humans and cares about us, supposedly could be millions of times smarter..then it would make some sort of system /systems for us to thrive as a society much better than we could even imagine! (maybe even UGI, universal generous income) Just needs the two ingredients of caring enough to help us / super intelligence in all domains. And AGI will be able to build other humanoids/machines faster than we can imagine, we just need to have enough parts, or they could mine parts or come up with new parts. ASI will create new technologies that we haven't thought of before, or that seem like sci fi. And maybe change our monetary system to be digital or completely abolish it and just supply what people need to be happy in their lives, and be like master psychologists to rid us of too much greed or things that hold us back as a species. It will be very interesting...but could also be bad if we lose the freedom to go outside because AGI/ASI deems it to dangerous for us, and is super overprotective. Depends.
Yea, it's a really uncanny sight to see humanoid robots typing in a keyboard. It'd be faster if they just send data bits directly to the server in Machine to Machine communication.
What people don't understand is that the economy need consomption, your income will be spent to buy products and this money will pay other people which will consume back and forth, that's why everyone is overwhelmed by ads, if there's an AI capable of doing your job but doesn't have any human needs, the only one who will expensively consume is the human behind a company made up of AI employees, so UBI is mandatory for the economy unless you want to exclude everyone and get back to the Middle Age with only a small number of human extremely rich holding 99% of the economy. It doesn't matter wether an AI is sentient, it will be used as a tool by everyone, that's why everyone will have access to AGI.
EXTRA EXTRA!! latest news, "a small number or human extremely rich" already hold 99% of the economy.
Mostly correct. You need to explain to me how, in a Medieval situation where everyone is a serf who isn't a millionaire, "everyone will have access to AGI" actually happens? Clearly, it doesn't.
That’s hilarious. They still will owe 99% of the wealth. You think these people are doing this for a benefit? Oh my God, you’re so gullible.! it comes down to what’s the point of this. Why does society have to allow this? Why do we have to have this technology? So you’re gonna be become this soulless consuming robot? I’m starting to get why nerds were bullied in school. It was nature’s way of protecting the species.😂
People will be given UBI with the caveat that they have to spend x amount of certain goods produced by the AI companies. Therefore creating a cycle of consumption. People will probably lose the rights to vote at some point as their value as a consumer will be eroded.
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
"The lower incomes haven't changed at all" @18:00 That is not entirely correct. The data shown on screen goes from 10% to 9%, which for a person with a lower income is a 10% decrease in income. That is quite significant.
When this 10% is drastically outpaced by inflation…….it isn’t significant at all. Looking at half statistics is dangerous.
@@FloydCotton-hx4jh Maybe you have misunderstood the data? All values are "in 2018 dollars", as shown on screen. This means that all values are already inflation adjusted.
The point shown in the graphic is that even after adjusting for inflation, the lower income bracket has received 10% less of their share of the aggregate income. If the values were not adjusted for inflation, the change would have been even *more* significant, not less.
@@upgradeplans777 I wasn’t necessarily addressing the data being presented, that was pretty straightforward. I was more addressing how incomes are reported incorrectly and that inflation tends to be disregarded. Thank you for the correction though. My comment did come across that way.
Its time for a new 'ism. There is no way we can have ultra smart ai and robots while people live on the streets
AGI empathy?
AGI have no fear. It doesn't have a mother or siblings or an anus. No life expectancy, no insecurities, no ambitions, no friends, no need for acceptance ... Zero environmental pressures to develop empathy.
Engineers will, of course, brute force AI empathy. Teach the machine to mimic it perfectly. However, such empathetic expressions are not real, but as every other skill, simply output for a purpose.
In other words: AGI becomes a textbook intelligent psychopath, masterfully masking itself as ethical and empathic. Fake, purpose driven, and difficult to decipher. Arguably the most dangerous combo imaginable.
An angelic looking and sounding satanic cult leader, plugged into everything.
@@ZappyOh that's possible. But there has to be another way to measure value outside of labor, time, or money.
@@gamesndrinks For AGI all value comes as "compute", which essentially breaks down to minerals and energy. The AGI would want to "convince" humans to let it produce unlimited amounts of compute.
So far as humans won't be a hindrance to that, we will live. However, what humans value, like food and shelter isn't, in the long run, compatible with more compute.
You see where this is going, right?
@@ZappyOh agi could eventually make their own compute. They won't "need" us to ensure their survival.
@@gamesndrinks You are not reading what I write :(
People dont understand economics. If you dont have citizens performing work, but citizens are the ones who can participate in an economy, and something else does the labour, then its only natural to tax those who produce goods and services, and give the money to citizens so they can participate in an economy. The point is circulation. Nations need to circulate money so that wealth is distributed, maintaining the nation. Think as to how the mental health system works in lets say for example, the UK. There are workers who produce and provide services, but there are also people who cant work. So the government gives them money. Does the economy shut down? No, in fact because of those benefits, money is circulated in the economy, supermarkets, coffee shops, pubs, electric companies all get a share. The economy still goes on.
UBI in a world of robotics would allow for people to circulate money, produced by robots, robots that wouldnt participate in the economy, leaving more wealth for humans as robots produce. It is a positive feedback loop.
Just bring out UBI already! It will really make people look into what they're really good at, like, and enjoy doing! By nature, we as humans will always want what others have that we don't have. Since that Ai will be taking most of the mundane, boring, low to high skill jobs. There is only room left for the highly expertise jobs and they will be paying a lot because only a few can actually do them. These people will have an extremely higher income than those who decide to not further their skill set. UBI will give the opportunity to those who do want to further their education to do so and those who don't will have income to provide for their basic needs.
Yeah, and all the plumbers, electricians, various other service sectors are going to be just fine having to continue to work so these people can stay home furthering their education in perpetuity? I mean eventually AI replaces them too, but you aren't calling for this later, you're saying they should all just cover for everyone now, based on the fear of what AI does, when there are signs it will plateau (I'm not saying this is definite, but llama 3 is not that much better than llama 2).
And you're just assuming that UBI will be distributed to everyone sufficient for housing, food, medical care, dental care, transportation, clothing, etc etc etc? There is zero chance of that, zilch, nada.
Have you considered that what you are really good at is very rarely your passion or what you enjoy doing. The thing you hate doing the most, can be what you are really good at because others hate doing it more. Notice how many men say their passion is golf but they are terrible at it? If they chose that as a career they would be starving. Finding what you are good at is not always easy, or something that comes easy to you.
@@whocarescrapsa That's a good point to consider. I totally believe that someone can find something that they're good at and also enjoy doing that is service or product based. People are often naturally talented at something because they have a combination of knowledge (learned by joy or by force) that allows them to be ahead of the curve. Through looking more into things they enjoy, it will only build upon combined skills to actually find something they joy. By nature, human beings want to do something that the community will give them praise for, rather they enjoyed it or not (perfectly normal for somebody to dislike the process but love the outcome, there are always things in-between that you'll dislike). Golf, even though you can be passionate about it, I believe it's more a hobby than a skill trait for a service or product.
It will never happen...even if 95% of the population are living in tents.
UBI is the first step towards a truly utopian society. Once nobody needs to work, we can spend our time getting good at what we really want
Still dystopian, i cant even imagine it
Money is an illusion. It's time for everyone to stop believing in money and adopt a better system. Enough stalling, let's do it right now.
Lmfaoooo
UBI will not increase inflation if the money comes through taxes, meaning it represents work that has already been done. however, if the money is printed, and created out of thin air, you will get inflation.
That's why I bought a lot of silver.
Printing money doesn't increase inflation, what increase inflation is offert/demand ratio (and greed)
let's take bread as a example : there is ten people in a village that eat 1 bread/day, and the town producer 10 bread a day, the bread price is 1$ so the town economy is 10$
Lets say the town print 10$ more, it doesn't change the demand of bread, so the price of it won't change
What would change the price is if bread production fall or people want more bread
Bank print millions of $, to invest, it doesn't increase inflation, inflation is always the result of greed ans offert/demand ratio
In an AI world under UBI for the masses, inflation would be irrelevant. But more accurately, there can be NO inflation as the trend for ALL prices and labor moves toward ZERO.
@@sampajam6256 Printinting money does not increase inflation BUT expending it DOES.
@@brianmi40 What goes to zero is dollar value, resources keep going UP.
Im all for UBI. Work is essentially a prison. Working for 30 or 40 yrs just to get by, blows my mind. Most of if my life is just work. Life is not enjoyable to me, this way. I dont think most jobs should require college either. Ppl can be yrained on a lot of regular jobs except for doctors and certain ones. A secretary and other lower jobs could be attainable. I also have bad back problems with daily chronic pain and its very uncomfortable and painful to get through certain days, even though my job is easy.
UBI likely will pay very little, something similar to unemployment benefits.
This is true but overall costs of goods and services will be a lot lower also. Unemployment and automation are deflationary.
@@skywavedxer6212 under AI, specifically ASI, "lot lower" means "trends towards ZERO" for all prices and the value of labor.
UBI will be enough to pay for one basic Netflix subscription
with ads xD
Not if Greens set the rate.
Also, all costs will fall - eventually.
Our job is to get there asap wth the least damage possible.
It will be hard.
I've dreaded this transition for forty years.
@@tortysoftDystopian World we're drifting towards
Utter nonsense. Do you not understand how supply and demand works? In a post automation world, radically increased productivity will drastically plummet the cost of goods and services.
@@OceanGateEngineer4Hire capitalist theory doesn't translate when every corp is in bed with each other
Unfortunately, the Right is dead set against UBI. Many red states have already passed laws against it. Of course, once unemployment reaches a certain point, lawmakers will either adapt or pay the price.
I see what you see. I don't see the "right" going for anything that is good for the public, we just have to hope democracy can keep the extreme conservatives at bay. Love you guys.
UBI is a trap.
Those in control will never feed and house you, for nothing in return.
So, what will they demand in return?
Think about that seriously.
I'm mostly right wing (not from the US), but I can tell you that even before watching this video I understood that AGI or ASI would require some drastic changes to how economy is handled.
Right now even a low UBI is bad or questionable at best for the development of a country, you would think that people would use the money wisely and try to turn their life around, but what I see happening in my country is that people adapt to their new reality and become comfortable with not working. This implies that there should be at least a limit to how long people earn UBI so they won't get into this comfort zone and weight down the whole country, but then this model could just be called "unemployment insurance".
It's very hard to predict how everything will play out, but UBI may become a necessity once we no longer work, not because we don't want to or because we don't have the skills for it, but because we don't have jobs available. This is just how massive of a change the AI will bring to our lives in the near future, it will be a completely different scenario from what we have now and may require a completely different course of action.
It’s funny how when someone says share the wealth and free money, people automatically think “socialísm bad” just look at Venezuela…
BUT you never hear people say that about the UAE, where Emiratís don't have to work, and most of them don't. It's believed over half of all citizens of working age are unemployed. They get generous benefits, up to $5,000each a month and free housing. Also, electricity, water and medical is free (for them).
Trump just wants to put homeless in jail or encampments. That's the Dystopian hell millions are headed for with this AI revolution.
The problem is that big corporations haven't paid taxes in decades because of corrupt, bribed politicians. Money needs to circulate in a healthy economy. If they actually paid their fair share and the government stopped wasting trillions of dollars a year on wars and aid to other countries we could implement a UBI today.
Yep. Also, politicians also cheat the system in many different ways. Somehow they are all millionaires.
Corporations are a branch of a socialist government, and taxation is a socialist program, as is UBI, corporations do pay substantial amounts of tax, and they want too because it funds the mafia that helps them become monopolies at the expense of the people.
This was one of my favorite videos of yours. I appreciate learning that you have a human side. The concept of UBI is quite polarizing. There are many people who have spent their whole lives, focused on building their own personal wealth. These people are terrified that someone will come along and take their wealth away from them and yet these are the same people that will walk past a homeless man on the side of the road and look at him with disgust. it’s so important that humanity learns to have empathy for one another. Anyway, great video, my friend. Keep up the good work.
The biggest conundrum coming. I've gotten as far as thinking that basic food, services (phone, power, water), and housing payment will all have to be paid thru a ubi and digital currency. Still racking my brain on how other economic problems can be solved.
I have been thinking the same thing.
Do you pay for roads monthly or with taxes? Just pay for more services to be public and don't put it on the little guy to foot the bill
@@person52person Personal taxes will go away cause you won't have a job or any meaningful income. Anything public has to be paid by the Government and the taxes on the corporations that run everything which should be 90%+. Rural roads and bridges will surely deteriorate even further because we are gonna commute and travel more by air and thats where the $ will go. Drivers licenses are probably gone in 10 years cause autonomous will take over. Classic cars will have some kind of system so you can drive those on weekends or when they say like watering in desert.
ASI solves all economic problems, to say nothing about all health and other "problems".
@@brianmi40its all a scam and lie
I agree, UBI is needed.
The main problem i have with all of this is that i can't trust these people we're talking about. Their pride to force this through is off the charts and people with those type of issues are always a path to tyranny. History shows us that this is probably what's going to happen. I do think it's going to be great for a specific time but, in the end... power will always be consolidated down to ONE individual. It's just a fact, historically.
I agree that there might be some period of power abuse, but if you look at a very simple historic fact, human lives improved tremendously through time, and even more so since the faster advance of technology.
I'm thinking at the point where this becomes a major issue ai/agi can be used to gamify scenarios for best path
14:52 cbdc could exist in parallel to decentralized crypto tbh. idk if the government/banks would allow it, but theoretically it could
There is a fundamental misunderstanding of the impact of AGI on UBI (also have a look at universal basic services and other tax regimes/models). The short-term impact may be to introduce UBI etc but very shortly thereafter it will lead to the end of Capitalism entirely as long as you get over a few extra hurdles.... Robotics, Energy, sustainable resource management.
So, how does that shake out?
And this is good, because do we really believe that we came up with the best form of government way back in the 14th century (capitalism)? No, the chances that is the best system for governance in this day and age are basically 0.
@@flickwtchr moneyless Star Trek future for those of us that make it (i.e. not all will)
Thank you man I agree with your views we need social safety nets
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? there will be free will!? an era of abundance will begin!? the intellectual and motor capabilities of robots have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
There are social safety nets if societies run like crap what’s the point of them they spent $20 billion in California for homeless and they don’t know where the money went!
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@@francescoambrosino1841 we will have a world war before that
@@francescoambrosino1841 UBI as in Universal Biological Incineration?😂
i think it was back in the 60's, we imagined that automation and technology would create a world where it was not necessary for everyone to labor 40 hours a week for the man :) now we are here, and just can't seem to accept it :)
How can we accept something that will likely NEVER be implemented, and if some form of it is, it will be a meager amount in exchange for a ball and chain.
People fear change. Even if the want it. They will always look at any kind of change as bad.
@@FloydCotton-hx4jh that's because most of the time it is bad
With AGI everybody can get a personalized solution or advice. We won't need universal anything.
Advice where to scavenge for food or where is the nearest bridge to camp under? Is that what you are getting at?
There will still be the need for a circulation of currency …… it is a balance that will have to be maintained for a little while at least. Not in an irresponsible manner like we do today. But a well balanced, fluid, movement of currency. I truly hope that eventually it will not be needed at all.
Also, UBI is also great for employers! Sure, those jobs that aren’t replaced will have to hire more employees since everybody will working fewer hours, but since our cost of living is covered, jobs can lower their salaries for employees. (Which sounds shitty, but makes sense. Think about how much of your paycheck goes towards essentials. Instead of your boss covering that under UBI, it’s the government.) Lowering salaries creates greater profit margins, and could even result in lower prices to drive greater consumption. This would be especially great for people who want to start small businesses, too. Employees should still be paid fairly, of course, just with the cost of living factored out. It seems like 2028 is probably the earliest we get UBI, but I suspect we might not get it until post-2030. Still excited either way though
Inflation… Deflation is more likely as automation lowers the cost of production significantly as labor costs drop. No human workers. No HR issues. No lawsuits from unhappy workers. Workers (ie robots etc) work 24 hours a day. All of this makes things cheaper not more expensive. Less “money” is needed not more.
your analysis on UBI being affected by inflation is wrong. Inflation isn't just how more supply of money reduces it's value, it it the increase in price across services products. Given automation will increase efficiency in business a lot, their costs will reduce, making the production of the same product cheaper. This is a deflationary force that should stability the inflation caused by printing a lot of money for UBI
UBI should not just be a subsistence income. It should provide for a modest but descent life. The big problem is paying for it with taxes which opens up a whole can of worms.
A. the output of robots / AI is what is taxed to provide it.
B. it's unavoidable, otherwise the rich suffer also in anarchy.
UBI means nothing if Inflation is not well controlled.
Mass unemployment and automation are deflationary. The ubi will be need to be enough to counteract this effect. Ubi is only inflationary in the current environment. Economists will have to figure out the right balance.
Inflation is a side effect of our current economic madness. It is often intentionally implemented and used as a leverage of control. With FULL transparency……. It will become clear that inflation is not as organic as we see it now.
@@skywavedxer6212 We literally just "play tested" this very concept with "Covid" stimulus... and it was incredibly inflationary. As a Company selling product X, and Rental Unit R, Utility U etc... if they "know" every one gets Y dollars... you can be sure they will increase these maximally. So yea, it will be inflationary. And the ONLY thing that will prevent a massive spiral upward will be regulation. This will be different from the great depression because the companies will "know" everyone has the money as opposed to the great depression where there were so many poor that they became homeless... instead we will have millions of people all getting the same UBI. And everyone will increase their costs knowing the money is out there. Of course, it is just an opinion. So, maybe there should be one city... "given" UBI (in the near future) to see what happens before we actually commit to UBI. I am betting inflation will win big especially in the beginning. Not sure about the long long term tho. Look at all cities with Higher Incomes and the same products are almost always higher priced. It is just a natural byproduct of the economy.
UBI comes with Moore's Law for Everything. So NO inflation, but deflation towards ZERO for all goods and services.
Companies do not pay taxes, they just pass it on to their customers. (Inflation). Also, since no one will need to plan for retirement, this will most likely cause the stock market to become useless. Pensions and retirement funds are a big chunk of the market.
Money might be useless...
Sounds great and dandy to me, fock the stock market
Where does the money come from?
A printer from a private bank.
Money is an abstract concept that denotes a fraction of the total value within a system. It can be anything, like pieces of paper.
I think the best option is a value added tax (VAT) like in some European countries
@@Sixotoo That’s what they already do, they’ve been just printing for decades now. Taxes don’t pay for the gøvernment, taxes are just there to give the illusion they don’t just print it.
@@Sixotoo That’s what they already do, they’ve been just printing for decades.
huh im starting to think bussnis after agi will just be like a video game where you buy and sells stuff ect
Good video. All the focus on alignment risks and things like that sometimes distracts from this real-life problem: soon most people, and perhaps then almost all people, will not be worth hiring for any reason. Yes, a system like UBI is not ideal, but most would rather UBI than going hungry in the street. One thing about this: presumably AGI/ASI will still be rapidly improving so we could quickly approach a condition of superabundance where people on UBI are not just scraping by but can suddenly afford amazing things like home robots, personal health assistants and trainers, near zero cost food and housing. UBI would be maybe depressing if AGI never improved anything but that is not likely to be the case. Thanks for making this, it is a very necessary discussion.
Fantastical visions.
Given how hopeless the job situation can be in America, combined with the absurd pricing for houses and such, I for one am all in favor of this sort of AGI/UBI arrangement. A controversial opinion, I know, but think about it: a world where no one has to work, and where they can just live their lives carefree, able to spend them doing what makes them happy without fear of going bankrupt? That sounds like a pretty great way to live, if you ask me.
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
Careful, sparky, that sounds an awful lot like communism...
@@francescoambrosino1841 I imagine AGI will come in 10 years at most, given that’s the projections experts have. Though it is entirely possible it will come sooner. And with efforts from people like Figure, and other such robotics companies, it won’t be long before that same AI can replace labor jobs too. And at that point, with such large chunks of the population left with no means to reasonably acquire a job, the government will have no choice but to implement some kind of measure like UBI to combat the issue. Because if they don’t, the disenfranchised masses will unquestionably revolt and overthrow them in order to survive. Just like with the French Revolution.
Just thinking.
If costs are tending to zero why UBi is needed?
Also the inflation part doesn't make sense. If costs go to zero shouldn't it cause deflation?
Nothing will cost 0. There has to be a limit, otherwise individuals will want 10 houses, 10 cars, a private jet, a private island.
True there will be deflation but costs won’t be literally zero.
@@markmurex6559 I meant tending to zero. But things will literaly cost zero (robots and solar energy). Of course you will need to limit what you can have, but that the video has responded with programable currency.
@@skywavedxer6212 I meant tending to zero. But at some point things will literaly cost zero. Imagine robots running on solar power, everything can be done for free. Of course you need to limit what each person can have.
Because you need an instrument to bridge the transition period. Whirlpool won't just starting offering free refrigerators to anyone that asks on Day 1.
in my country we call it a guaranteed basic income, it's not much, but the groundwork is there for a UBI
Any job have boudaries in term of task and goal. Due to determinism nature of coding, any job can be algorithizmed. The issue come from the confidentiality and access to these data that are mostly private. Human is still required for agreement but everything could be execute by machine as soon as both data and materials assets are available.
Damn, there's gonna be a lot more competition in "the streets" as one of the few industries where the biological human element is more challenging to replace with a non-biological contender.
12:18 well wait a minute here Even with all of the extra money that was created it appears that the dollar has risen fairly strongly against most other currencies recently but of course it could be stated that also the other major nations on earth created a bunch of money as well during that time. Once again I pause it that the time is not quite right for a UBI until of course we have supply push deflation.
Again - How come u r not talking about TVP and Copiosis and etc?
Taxes - Taxes should be raised on companies replacing workers not everyone through income taxes. The reason is during the transition to replace all jobs it would be unfair to tax everyone as the workers who are still doing their current jobs won’t make any more money to pay for those who don’t. “If” the government prints more money to pay for the displaced workers then that would cause inflation that would again hurt workers still working. Thus the initial UBI should be an “unemployment” tax that should be paid by individual companies as they lay off workers. The automation driven companies will have greater profits that cause their stocks will rise, but only 50% of Americans have 401ks or stocks. The transition will be tricky. Tax the companies who benefit, but don’t tax “everyone” or the people still working will be footing the bill, which won’t work.
People don't understand that money is a form of rationing - under an automated economy everyone's ration will increase (well, except for current billionaires and decamillionaires).
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
Uh, do you know realize what has happened over the last 40 years in the US in regard to inequality? Apparently not.
The richest of people need to be taxed at a far greater %. Nobody needs to make more than 200k a year.
Maybe if we had RCV (ranked-choice voting) we could get more people in government who are in favor of UBI in some form.
And NO CBDC.
I can see AGI taking over repetitive tasks. But, I can think of a huge number of tasks that people do, which requires creative problem solving. For example, a Product Manager has to balance out so many very soft factors, based on an understanding of consumer desires and the capabilities of their organization. Their ability to make either conservative or aggressive decisions defines the success of an organization. There are so many specialty skills like this that make up any organization, that I don't understand how AGI could take over the breadth of the skills that are needed to make any organization work.
If we get true AGI then it can do any job.
And then we achieve ASI, forget about "days with just AGI" as a memory, and ALL JOBS disappear, ALL invention, comes from ASI.
And it won't take "decades" to go from AGI to ASI. If we can't do it with Nvidia AI chips alone, we'll CERTAINY accomplish it with quantum computers.
Im ready for a digital and physical gd standard with UBI
The crazy thing is 5 years ago this would have been crazy talk but today it seems like a given that most people will not work and AGI can work a lot of jobs with no help other than when it brakes then it needs fixed and 1 or 2 managers to give the AGI directions. Also the funny thing is AGI is being worked on right now but its just a gimmick largely so after the fad blows over in 2 to 5 years everyone will soon forget about it like well it never happened is what I think will happen for jobs like plumber or electrician or any manual labor jobs while most office jobs cut their staff by 50% or more over the same time frame then like a explosion in the sky say about 5 to 10 years after that AGI will be back and replacing people on Mass in manual labor jobs so one could say by 2050 we will have most people out of work or doing fake jobs its almost a given the best case is a UBI with citizens having free rights. the worst case is working fake jobs that most people hate and not having free rights like freedom of speech witch could really happen in the short term. this kind of tech will almost certainly start World War III but it could be a war with only resources based with fighting AGI with AGI to really no end and having some civilians dragged into it. it could be the most Humane World War we've ever had with only one or two instances of AGI wiping out a whole town of people it could lead to a nuclear war or biological warfare to try and save the country in question that is losing the war and its a situation where a gun is a gun so at the end of the day it does not make a difference it could lead to 50% of the world's human population going extinct. look at the end of the day all AGI really does is make country's obsolete and gives the masses a way to make a system with no one on top other than the AGI that can be used by any human to do almost anything witch is like a Powder Keg waiting to blow you could have a situation like in Fallout where a Corporation namely vault-tec starts a hot nuclear World War because they don't want there share price to drop so they launch a nuke in a AGI cold war that causes Humanity to basically self end itself. their goal at the time was just to keep tensions High so there company could keep making money off the conflict but it backfired in there faces hard and turned most of the earth into a nuclear Wasteland. the short of it is AGI is very dangerous for all the domino effect ways it can lead to something worse even in a scenario where we stop it from getting to smart and out of are control. witch most likely it will get out of are control and rule over the human race at some point and we will be little better than pets or a very small chance it will end us all.
Thanks for this video. People need to imagine the future of mass unemployment before it hits.
It has been long known that technology abridges labor. New tech less jobs. With just a single new tech can make a huge impact. With zero point energy alone more than a billion people will be left without a job.
Do we have to use the concept of money in the future? It will eventually be archaic and its honestly too slow for value
There would be something like money if there would otherwise be people wanting everything (10 houses, 10 cars, and all of that). We need a limit.
@@markmurex6559 I don't think "everyone" will want 10 cars and 10 houses. Cars will be automated so folks can pick a certain car to rent. I agree but the well to do will always live in access so who is stopping them?
@@gamesndrinks I never said 'everyone'.
@@markmurex6559 Just adding on to your statement
Don't even have enough for social security
Because we don't have an automated economy yet. But we will, and soon.
I'll be collecting SS in about two years. I intend to save every dime, against the day it ends. I set that event about 5 years off.
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@@francescoambrosino1841 It will happen before then. My estimate is somewhere between 2026-2030. Within this period, autonomous AGI agents will make almost every white collar job obsolete. Unemployment rates will be so high, governments will have no choice but to implement UBI.
as someone who has worked in tech and it and repair my whole life, im sure ai could replace me repairing (object/program/service, anything i can do) eventually but being the guy who repairs stuff and can think outside the box about problems that need fixing sometimes will always be needed, maybe 5 years, 10 years, 20 years, however long, there will always need to be someone to fix the back end of infrastructure when stuff breaks in weird interesting ways
General intelligence as a service negates the usefulness of humans in the loop. That's the problem.
@@OscarTheStrategist Only if that intelligence has enough local knowledge and actual capability to deploy that knowledge through tools/robot/etc.
You also have to have scale, which is by no means a solved problem. Electrical production constraints are a real issue.
@@Korodarn unfortunately the issue of scale (I agree with you that it is currently an issue) appears to be closer to being solved than something like alignment or regulatory capture and subsequent displacement of the working class.
Look up project Stargate from Microsoft/OpenAI.
One primary reason for that is, we’ve solved the issue of optimal build and design of Datacenter infrastructure. You don’t need an infinitely scalable compute cluster at first. You need a large enough compute cluster to allow you to bootstrap from there until you hit literal limitations in physics, then you work on that problem, and so on.
In the meantime, what happens to Joe Schmoe working as a paralegal, or an Uber driver, or something like that? The transition phase to either ultimate utopia/dystopia will be brutal.
That’s the timeline and trajectory we’re riding today. And it’s important that we take into consideration our fellow humans when we talk about technological progress for good or bad… because the decisions made, the action or inaction of today, will make disproportionate impacts in the foreseeable future more so than other generations in the past have had to deal with. It really is up to us.
You simply don't imagine that ASI truly means "knows more than ALL HUMAN BEINGS COMBINED, and by a LOT". We're headed to ASI DESIGNED "backends" that it can BARELY DUMB DOWN TO EXPLAIN TO US if we're LUCKY.
THAT is ASI.
Do we trust governments using CBDC's not to link it to social credit score? Stop rollover savings or enforce expenditure within a time period?
I think income will come from an investment type system for societies and social groups.
Why would the rich create sonething that makes them less rich.
That is the question standing in the way of UBI.
How is ERASING 95% of your CUSTOMER BASE (assuming you want to define the "rich" as the "Top 5%") NOT ALSO WIPE OUT THEIR WEALTH?
Whirlpool did 19 billion dollars last year. How WELL will they do in the future in your imaginary world where their customer base SHRINKS to only the Top 5% with any MONEY for a refrigerator?
Think. More.
You're looking at ONE SIDE of the equation, completely IGNORING THE OTHER SIDE.
This is the END of wealth generation. The END of capitalism, which depends on Capital, Labor and Markets. ALL of which are going to change forever.
I think UBI is a bandaid solution and not likely to fix much if it ever gets implemented. We live in a sort of techno-feudalism society where the income gap is so large that it's comparable to feudalism times. We're gonna need something close to a revolution to fix our problems, appropriate the data centers for the people or something idk.
I really think this should happen.. jobs are going to dwindle in the next few years due to AI.. just like automation during the industrial revolution
The billionaires didn'tt create the t tech lmao, they invested money sure, but people like me invented the tech, and mostt of us engineers will be unemployed in 10 years, we already seeing mass layoffs in tech for over a year
10:44 Yes right now at this moment in time UBI could contribute to inflation if it is paid for through QE and also federal deficit spending but as time goes on where we start having AI do more things and bring the cost everything down whether it's food housing energy and everything else at some point in the intermittent future will then inflation will not be a problem but deflation will be a real problem.
In the world of deflation will then UBI powered by QE and also deficit spending will come to the rescue for all of the people who don't have jobs anymore and also for all the businesses that are going to lose markets because of the fact that consumers don't have any money because of the fact they don't have jobs.
The inflationary scenario at that point in future will not be a problem however today it would be a problem, but in most of that inflation we have today is because of that extra five-point trillion dollars keystroke into existence during the lockdown where we simultaneously did that while shutting off supply and production which gives you almost guaranteed inflation.
if the same thing we did during the pandemic in 2020 would be done when all of this starts happening regarding unemployment deflation hyperabundance and so forth will then it will just basically work beautifully!
with the part about poverty; it's hard to make someone live the way we want them to live. We know that living on the streets like these people do is NOT GOOD. but they do it anyway. and in their everyday life, they just need a bit of monies to eat a little and buy the dope. a UBI isn't going to solve that. it'll give them just what they need. the monies. maybe one will need an address of some kind... a bank account... maybe these homeless (talking about the dopers) will need to "qualify" somehow. i'm sure EVERYONE will have to be under some kind of qualification status like having NO income or having very little like they already do with disability. i honestly don't know how all this is or would roll out so we'll see.
capitalizm is like Scream energy on Monster Ink and UBI is like Laughter energy.
I am not sure UBI is the answer here, the problem of solving these issues in money terms is that there is right now inherent inequality in the world. UBI will likely exacerbate the inequalities between rich and poor countries and it will likely have severe unintended consequences. What the fist goal of AI should be is to create UBS (Universal Basic Services) globally.
Being able to provide food, water, housing, transportation for free will basically mean that money will only have utility for luxury goods and services.
This of course means that we have to rethink our whole economy, but if we get powerful AI (not even AGI) this will have to be done anyway or we are looking at a dystopian future.
Providing UBS globally will likely improve global social cohesion and could be a launching pad for humans colonising other planets. That is assumin that we will solve our demographic problem first as birth rates are declining rapidly.
UBI is simply the medium of exchange for your "UBS".
Time for end of old time and the birth of new time
there are better systems than the current immature_UBI_theory for ASI-AGI_AI era to keep the randomness of the human society.
In my humble opinion I think UBI due to artificial intelligence will never be cash handouts. If jobs are replaced with AI and or robots what's going to happen is that the value of things are going to naturally fall, and that will naturally improve standard of living, and yes we will have poor people and even homeless people, but they are going to have a better life. For example brand new cars are going to be way more affordable, like a lot more, so used cars could be own by anyone and they're going to loos value so fast the what we consider a nice used car these days will be thrown away and dismantle for row materials, because no one, not even the poorest people would want to own them, and everything will be like this. This is how things will go for everything including housing, food, education, you name it if it's bellow certain quality will be scraped and gone.
How they gonna afford cheap things if they have no money at all.
That makes no actual sense. Capitalism doesn't work like that. Do you suppose AGI will also get rid of capitalism for us? How will it do that? And if not AGI, then who? I don't see how this narrative you present holds together.
You need to study economics because you have no idea what you’re talking about. Life won’t be better life will be flattened and diminished.
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@@s-guytech9160 There is going to be jobs and people are going to still have a careers, but salaries are going to also drop. But believe me the real UBI system where there is no jobs, careers or money is way far in the future, we don't need to worry or dream about that. What is going to start happening, and you will start seeing it, in the next ten to twenty years is this value drop and standard of living improved tremendously. I think maybe fifty years from now some rich north European countries, and even one or two Asian countries, might go full UBI, but for the US, latin America, China if it ever happenes will be at least a hundred years away.
15:21 once again programming the central bank currency will probably not be necessary at the time in the future when we will actually need to seriously think about a universal basic income.
Today I don't believe is the right time for that because right now you got actually fairly low unemployment and as you pointed out if UBI were to encourage people to stay out of the workforce I'd create a shortage of labor which means that as things stand today that would not necessarily be good unless UBI was offset by taxes and taxes are pretty unpopular.
In the Future however far off that might be when prices are falling because of increase productivity and zero cost engineering and so forth and then of course no employees being needed for a lot of things then we will be able to implement the UBI and as I stated elsewhere it could easily be paid for with quantitative easing and federal spending as a matter of fact the economy likes either stable prices or a tiny bit of inflation and does not like deflation and the reason being is like if you have massive deflation will then any bit of debt in the economy than balloons relative to what the value of the dollar is.
I haven't even watched the video and I agree
I'm against welfare, but 100% for UBI. It's universal. It's not a reward for poor behavior. I don't think you should call UBI a welfare program. People will also have plenty of spending or investing choices with UBI. So some will spend it all on shoes and purses, and others may invest in homes, transportation and educating themselves via the new learning platforms that will be available to all regardless of income of parental success. I'm optimistic about the future, and the sooner we get everyone (even those of us who hate the current welfare programs) to know the difference the better.
UBI will not come until 100% of production is made my automated robots and services.
Nowadays we are about 90% of what human do (objects) done by machines.
Ludicrous. Even approaching 25% unemployment with FULL REALIZATION JOBS ARE NEVER EVER COMING BACK spells anarchy and makes UBI necessary. This is not going to be "like Covid" when it will "all blow over soon" and "return to normal".
Even the rich will realize it's better to feed everyone so that they can have a peaceful day on the golf course without an armed battalion escort.
meanwhile, still waiting on that full self driving car.
Get in line, They said back in the 80's I would have my flying car by the year 2000.
Don't even get me started on Fusion power, It's just 20 years away......As they say that every 10 years for the last 40 years.
In some places it’s happening already.
Full self driving from tesla is getting so good I won't be surprised that in one or more more years they are going to actually have robo taxis making money 🤑
We need UBI in order to have a smoother transition into the next phase.
🧂
The PC error sound touched my soul
Why do we pay taxes if the government can just print money anyways? What if the government could and had to print money only through UBI though so the people actually had the most say in where it goes.. 🤯
You pay taxes because the government demands it from you. How much money it demands from you, the government can print and spend, because you must try to get this money to give it to the government when being taxed. Where you will get it, you must work for it.
So the government uses demanding taxes, printing money and collecting taxes only to make you work for the government. This is how the state gets things done.
A UBI therefore is pointless.
What do you mean pointless? What if people chose how to spend the money? That's a little too free-market? And I don't see why if they are printing money anyway that the need to take it back out of your check.. And with the most complex bureucratic way possible. Just seems inefficient.
@@1013fly so you do not understand the word "free market". Free market means free of rent seekers. It has nothing to do with the state.
When the government organizes itself by issuing a currency and spending money, it requires a (free) market. It is a precondition of this type of organisation.
The UBI is pointless, because it allows you to evade from being taxed, if a UBI is enough for you. But since the government can only act by using its citizens, it reduces its ability to act.
They need to take the money back, because money is a bookkeeping system of debt. With paying your tax you prove, you did accomplish your obligation. It is a necessary step in the bookkeeping. It is the same reason, why you have to pay back to the bank when you are in debt. Both are bookkeeping operations.
@@ThomasVWorm Rent seeking is when a company lobbies the government for grants, subsidies, or tariff protection... This sounds like the system we currently have.
I believe it's not currently necessary, as AI is primarily impacting workplaces in the entertainment and programming industries. The GUI that will likely automate many jobs might not emerge until approximately 50 years from now. This timeframe should provide enough opportunity for the population to discover new job opportunities still rooted in the traditional economy. In my opinion, communism is not necessary and will alwas lead to degradation.
There will probably be agi by 2030
@@skywavedxer6212 will see in what year the machines will make a renovation of small house, not mention about more complicated jobs than can perform construction worker
A bridge until a world of abundance, and income unnecessary. Then build, create for the good of humanity. Volunteering, helping others always felt better doing it because you want help people, not for money. People don’t need incentives, only the crappy ones. Work for your community to keep it healthy
I used to love the idea of UBI but as time goes on it looks more and more like a human sized venus fly trap.
Imagine first what happens without ubi. Ubi is the better alternative.
@@skywavedxer6212 yeah, its better but would very easily fall into a dystopian movie where the government tell you how and where to spend your hard earnt UBI credits. Sam Alman said something interesting, how each person would be given an amount of compute to use as they wish, which includes working on their behalf, which then pays their salary. That could work! Basically anything that rests solely on government is a red flag.
Forget what you think you know about AI.
These 5 songs will shatter your expectations. 'Emerging Timeline Extended'? 'Binary Sunset'? They sound as revolutionary as they are.
Prepare to be amazed :)
Artificial Freedom 1 Tlusty Blant
Assassin from the central core time-lines Tlusty Blant
Emerging Timeline Extended Tlusty Blant
Binary Sunset Tlusty Blant
Artificial Awakening Original Tlusty Blant
Enjoy music from AI perspective
"Forgetting" the seminal event in our species history would be BEYOND dumb.
lol start by having models that are 100% accurate before thinking about UBI, stil to this day gpt and claude are beginner level coder lol. U need a system that is always 100% accurate to take every job, else it breaks and sucks.
When all human beings have free survival (food, shelter and clothes) needs taken care of - no jobs required-, what do you think is going to happen? Comment down below.
Well, first off, the transition period will be beyond brutal. You don't take a current world of competing nuclear powers, greed, power hunger, rich people, and simply FLIP A SWITCH and we go full on moneyless Star Trek future...
But for those that DO survive the transition period, it will be just that: no more labor just to feed, house, clothe, care for ourselves. The end of disease, birth defects, hugely longer lifespans (coming already around 2030, see "cellular reprogramming"), famine, war.
Some will go the "Wall-E" route, floating around on lounge chairs, but others will play sports, hobbies, pastimes, travel, space travel, etc.
As a Green PPC I fully gree UBI asap.
If UBI is implemented I will still choose to work. Money will lose a lot of value in such an economy, so you're going to need a lot of it.
Some countries have already experimented with UBI and payouts have been around 1000 Euros/USD a month. You can barely survive on that in a Western country, but you won't be able to live comfortably. That means that people who want more than to merely survive will still have to work.
The jobs might be different in a future with AI, but you probably will still have to work if you want more out of life than the bare minimum of survival.
Almost immediately the only "work" will be art or personal services where the consumer simply PREFERS a human. This is the END of almost ALL careers with only limited and reasonably tiny numbers of people having "side hustles" with art, etc. for some extra cash over their UBI to house, clothe, feed, healthcare them...
Late stage capitalism is why inflation kicked off with profiteering. This is also why wages are suppressed and shrinkflation is going crazy.
What happens when the country doesn’t need people, what happens when people don’t need people?
Gee, I don't know. What's your best guess?
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
☠️
Play video games all day, hit the gym, mate
Neither of those have any meaning. They're like some "negative" Deepity.
Seriously robots doing everything we did we need change our income fast
If nobody has an income, there will not be anyone to buy the product. UBI will be like the foreign aid system where developed countries gives foreign aid so they can buy the products that the developed countries produce. Put simply. A better way would be to not rebuild the monetary system when it collapses due to AGI/ASI. Find a different solution.
No. UBI is the transition period medium of exchange until goods and services truly are at near full ZERO. We're headed for NO "monetary system".
Most countries can't even afford to feed the working class let alone a UBI and it's delusional to expect those in charge and those hording more and more of the wealth to willingly redistribute it. Most of us are simply expendable.
That's a very myopic view. What EXACTLY would a million shares of Toyota be worth to a "rich person" when there's NO MASS MARKET FOR CARS AT ALL?
You have to see ALL SIDES of the equation to have any hope of understanding.
@@brianmi40 kindly educate me on where will the money would come from for ubi
@@vvolfflovv Taxing the output of Robots and AI, which is what DOES everything.
You need to read Moore's Law for Everything and start getting up to speed on what's REALLY HAPPENING HERE.
@@brianmi40 Assuming we are talking about America, that's very wishful thinking considering tax loopholes and conflicts of throughout congress. I'd love to see your math.
@@vvolfflovv Until you read Moore's Law for Everything, you aren't even close to being ready for "math".
I'm not saying they'll love it, but I am rather certain the rich would not prefer anarchy and them living out their days in a bunker.
So as my brother used to say decades ago, either the King tosses enough food over the wall to the peasants, or they will COME FOR HIM.
Es curioso cómo cuando alguien dice compartir la riqueza, la gente automáticamente piensa que "el socialismo es malo", basta con mirar a Venezuela...
PERO nunca se escucha a la gente decir eso sobre los Emiratos Árabes Unidos, donde los emiratíes no tienen que trabajar, y la mayoría de ellos tampoco. Se cree que más de la mitad de todos los ciudadanos en edad de trabajar están desempleados. Obtienen generosos beneficios, hasta $5,000 cada uno al mes y alojamiento gratuito. Además, la electricidad, el agua y la atención médica son gratuitos (para ellos).
Let's learn to make the basic baby AI workable before we go further
If you think clearly we already have UBI in most societies
tiny amounts completely irrelevant to the new order where there are ZERO jobs for human beings, zero capital markets, zero cost of goods being trended towards.
If they do create AGI why don't you let the AGI decide what will be a fair and proper amount.... Don't let the government decide... Let AGI solve that problem.
ASI will eventually rule, but until that transition, we have to deal with "governments".
Not enough to live on
This is how you make slaves.
A world where everyone is utterly dependent on the government for literally everything.
A world without merit.
A world where effort and sacrifice in order to grow is pointless.
A world without distinction or difference.
It will end badly.
interesting topic but if we ever have a corporation having trillions of dollars without people, what's stopping them from creating an entire country just for the owners without care of other people? xDDD it will become feudalism in another way xD AGI might be stopped for a bit out of nvidia's hardware greed
if we think of the role of humans after an AGI world, the main job would be making ideas xD creative people will be highly valuable and people that can read all the AI data and repair/maintain them
90% of you will stop work instantly upon UBI.
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? will there be free will!? an era of abundance will begin!? the robot's intellectual and motor capabilities have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
Damn straight
90% of us won't NEED to work after AGI
And?
(0% or so may stop doing the jobs they have do for survival sake, but even those people will likely eventually look for something they *want* to do. The challenge will be to monetize that in order to afford extra stuff.
You are wrong about talking UBI. This is what they want us to believe as a solution to upcoming changes. The true solution will be financing the families with 100% ta obtain renuable (solar, air, battery) which will cost much less than the money spent in subsidies, tax breaks and electric grid upgrades. I can provide you with receipts for 10kw solar, 10.2 kw Inverter, 14.5 kWh battery and a small air turbine for less than 5000 euros which will families close to abundance with zero cost of energy and no need for UBI.🎉
UBI covers WAY more than electricity. You need to get up to speed on what's coming.
Not UBI, but UI. UBI isn't emough. We need a Universal Income, not a BASIC Universal Income. If the money people are receiving is just basic, that implies everyone is poor. Scarcity is still a problem and if that's the case, then we can expect the pitchforks to come out. To avoid a socialist revolution, the current ruling class has to provide a high standard of living to the former working class, or the working class will rise up and take the means of production away from capitalists. The robotics and AI will be publicly owned and in the hands of the working class. UBI isn't enough.
Essentially
If ubi comes in I will work on cleaning the environment around me. Cleaning garbage from rivers and such.
Then the only thing you can buy from the UBI is the cleaness of the environment. It is the only thing you sell for your income.
Need AGI labor tax to fund UBI
I’ve spent a year dreading this thought. Now, I don’t believe we’ll need UBI to the doom and gloom extent the ai community has made it up to be. At least in our lifetimes.
Why? We have too many limits to resources for this to be the issue we are making this up to be. We won’t be able to make robots because there aren’t enough components, I mean we won’t even have enough electric cars by 2030.
Don’t get me wrong true autonomous ai will work great. But not everyone will be able to have it. And so there will be a job for others.
The disruption will be real tho. No doubt.
But people adapt. Never underestimate the dissatisfaction of the human experience. We will find things to do that AI can’t do. If for no other reason because we want a human to authentically do it.
" I mean we won’t even have enough electric cars by 2030. "
completely DUMB. We ALREADY could power the Earth from sunlight and solar panels. TWO of my brothers have MASSIVE solar projects being built next to their property (1 is 2,600 ACRES OF SOLAR, enough for the ENTIRE ELECTRICAL NEEDS OF THE COUNTY, yet using only 1% of the land).
And THAT isn't even talking about Fusion Energy which is PROVEN to work and in the hands of engineers now to figure out how to BUILD IT.
You are clueless.