@@matetheking In the far future no, but in the near future people thinking this will be fine because AI can't 1:1 replace humans seem to often forget huge gains in efficiency also lead to fewer jobs. The counter often proposed is retraining, but that doesn't work if generalized AI reduces the need for labor across the board and is capable of also performing all the new jobs it creates.
The big question is how are companies going to make profits if vasts amount of the population go unemployed and reduce their spending or stop it altogether. If they dont find a solution to that problem it will be a dog that will bite its own tail
I am in the entertainment business in Los Angeles and it is a bloodbath. The industry is never going to recover with regard to the amount of humans that are employed in this industry. I read the entire side contract and they got some provisions but when 2026 comes and they renegotiate, they’re probably going to get wiped out.
And frankly, I’m healthy about that because there are some people who are really great that lost their job and that’s awful but the grift and the mediocrity and Hollywood as well as other businesses the race to the bottom mentality that Americans seem to have taken. I’m all for it, UBI let the robots do the work and then the creatives have an entire world on fettered by crap work and we can actually fully live.
“My jobs as a coder is gone, but I’m starting a new career as a caregiver for the elderly…. Oh! AGI has just cured old age. All the pensioners are now fit for work and joining the job market.”
Oh great, so instead of my six-figure tech salary cognitive-job, I can work for barely over minimum wage as a caregiver in a retirement home. Even if demand for caregivers increases, the supply of former tech workers looking for jobs will also increase. F that.
Migrant farm worker until the ai robots stop smashing the produce and picking rotten produce. Right now farms need you to replace the venezuelans and other migrant workers.
@@stevenbarrett7648100% wrong, the robot maintenance jobs are gonna be the first to go. Healthcare is gonna be the last to go in about 50 years. Tech and maintenance jobs have 20 years max.
You and all the other people in your pay-grade are going to have to get off your behinds and pressure congressmen to have safety nets in place where you get at least, an equivalent to your pay check stipend for your services (which you no doubt worked tirelessly become a useful member of society). If companies get stupid rich off AI labor people like you cannot be downgraded in profession due to greed. But wealthy people won't accept responsibility without a fight
Keep your skills up to date you'll stay employed, start investing in things that will put money back in your pocket, you'll always have a good income. Should be easy if you already make 6 figures in tech
I "produced" a :30 spot via AI. It took me 6 minutes. I didn't have to hire an actor, or someone to shoot camera, or find an editor, or scout and rent a facility to shoot it in. Also, I didn't need someone to light or do sound. So...tell me AI is not going to take jobs away.
the irony is AGI will come up with miles better solutions to all these problems than humans, making current debates about UBI and other stuff utterly moot
@@KleptomaniacJames surely most trends indicate AGI when it comes will handily outclass current non general AIs which already outclass most humans in art, music, legal reasoning, medical understanding, raw knowledge, coding, go, chess etc? Isn't the point of AGI to surpass human cognition and solution generation? I mean the world's most powerful and wealthy companies are betting billions/ their future that it is so. Do you think they're misguided/stupid because AGI _"may as well not exist"?_
if a.i can come up with a better solution that the welfare state and progressive taxation id be very surprised. and should it do that, itll be banned quicker than porno featuring the king.
1:43 Same thing happened when computers, the internet, social media, and smartphone apps first came out. Not a lot of people knew HOW to use it. Adoption rate took time. The problem with this is that you don't have 10 years to figure it out. Minute you blink that automation is gonna blow by you. that's what's coming.
@@snowflakemelter7171theres isn't any need for 10x commercial sw products. And also not forget many of the developers developing and maintaining inhouse backend softwares what number is near constant at the given firm, the company won:t need even 2x of them.
@@snowflakemelter7171 That would mostly be market inflation. The same happened with video games; many games are not good, but some are good and worth playing.
@@snowflakemelter7171 Not likely. Demand for those products wouldn't magically go up. The markets would just get oversaturated, and no one will make enough to live on. Plus who will afford those products, when so many workers won't be able to compete for an income?
12:15 This reference to the 1870’s and hours worked being 1/2 and the early tech developments are fundamental to grasp exponential growth. As humans we consider our life and our children’s lives the scale of relevance. This is a tiny window to look through if we can’t see the house on which it was installed. Money is not going to mean much to anyone if every iteration of AI development outperforms their capacity in a timescale to use it. If money doesn’t mean much we should be focused on what truly does matter more. So it would seem plausible that if we are going to offer hope and prosperity in the coming age…. We need to need to understand the backbone of how we were offered hope and prosperity of those that gave their lives for our own. The future is uncertain The past is known. Take care. Jeremy
@@ClydePRiddlesbrood not necessarily. Britain still has a royal family! We turn entertainers into millionaires despite being useless while nurses and teachers often struggle
Just a quick minor insignificant question. Where does this magical UBI come from, is it from the same magical money tree that all the cough payment/handout/subsidies came from? The same payments that accelerated inflation to the point where the cost of living is now unaffordable.
We often say that people will be occupied with creative work, but it becomes more clear to me over time that it wouldn't be just creative, what we will do is specifically make a difference in every possible way. It would keep us fit and lead us to further development of our species.
The bigger advantage imo is my years in automation , combined with ai, I clicked 1 button this morning and am putting top content into 100 sites without having to think about it again
@@VENOMxVR it’s ok, that’s the magic of knowing how to code, bein able to do automation, understanding how to prompt algorithmically , knowing all internet protocol stuff you need to know, and paying to learn SEO from the worlds best. It’s not for everyone. In fact, I DONt want people bothering me with their questions
If wages decline, the demand for many products will subsequently decrease. This reduction in demand will eventually lead to an equilibrium where the pace of AI and automation adoption slows. Supply can not expand indefinitely without a corresponding increase in demand. If the demand for goods and services stagnates, there is no economic rationale to invest in the automation of these industries.
meandego, there is another aspect like price of goods & services can get reduced with wide-scale efficient & reliable automation ... but question is to what extent price can get cheaper ... if things overall become quite cheaper, then automation would have delivered its benefit it supposed to provide.
@priyankarpanja4676 Prices can decrease slightly, but if wages also decline, this reduction will not suffice. When wages decrease, people's shopping habits and priorities change significantly.
17:23"under capitalism you need money to survive". Also under capitalism businesses need customers to sell goods and services to. Now most customers have jobs working for businesses if in the future customers lose their jobs and then they end up losing their incomes will then guess what businesses end up folding. So under capitalism businesses need customers and if the customers get their income as a UBI well then everybody will be happy.
Large companies might create Level 5 shell companies, fire people at their main company, and outsource the work at an outrageous cost to their newly formed AI shell company. Or they might just buy an AI startup and do the same thing. Same situation but with the AI revolution. It’ll be difficult battling those developed grooves in our brains and a species’ worth of trade habits/behavior, especially for those in the highest tax brackets.
Everyone's speculating. Nobody knows. AI's still under construction and development. What little historical precedent there is isn't too promising and is based on a fundamentally different world to the one we're in today, such as a fraction of the world's population and somewhere for that population to go for instance.
A humanoid AI robot (hAIbot) helper will be invaluable for small farms, small businesses, homesteads and elder care. I have a lot of simple tasks around my farm, forest, butchershop and construction sites where hAIbots could be a big help. I need a bit more rugged than the Tesla Optimus. They need to be able to keep up with me: 6’ tall, lift 500 lbs for tipping and rolling hay bales, carry 300 lb at 4mpg walking speed, carry 100 lb at 8 mph walking speed, dexterous. IP67 weatherproof down to -50°F. They should be able to repair and service each other. I just had to send one of my tractors in for repairs - $11,000. An AIbot could do that reducing it just to parts cost. At the often touted price by Musk of $15K I would take three for my farm. AI Robots, pitchforks, knives, chainsaws and lasers… what could possibly go wrong? 🤔
So they say we want to do things to make us proud but then in the next breath go on about UBI while structurally making all human participation irrelevant. You cannot have it both ways. They also release UBI studies (like Sam Altman's recent $60m experiment) where they give money to people that are currently working which skews results. What i mean to say, when you have something and you get a little more your life changes a lot less and meaningfully than when you have absolutely nothing and no hope (structural, permanent unemployment by AI and AGI) and then you are given a UBI. It strikes me as disingenuous and leading to an outcome the AI CEOs want to say that UBI won't work. Trust me, when you have zero way of feeding yourself or housing yourself and you get given a $1000, it will make ALL the difference. Society collapses when the majority of people starve.
It helps if you envision citizens all transferred into a high tech, global, prison network. Then think of UBI as the current prison $2 per hour wages you get, no matter what job you’re doing… at least as far as you do what you’re told, you don’t publicly contradict large corporation marketing campaigns, nor do you call attention to a problematic/dangerous/illegal corporate policy or product. Making it this far still requires that you don’t criticize the banking system, even if you wrongly thought you had money that’s no longer registered to your balance, and finally you can’t take issue with, nor complain about election integrity. It’s also worth mentioning that all those rules are to guide, not only your actions, but also make sure you’re not thinking those wrong ideas. Wrong-think will negatively impact your UBI privileges.
@@zacboyles1396 do you then thinking that eating the rich is the only way out of this? Because they are barreling head first into this dystopian future with little choice, social movement or genuine freedoms. You could be cancelled with the click of a mouse (cancel your UBI).
Maybe we can have the robots and AS adopt a human to keep as a pet ?. Keeping humans in work instead of automating is a recipe for the competition to come eat your lunch. Jobs that cannot be taken over by automation will be circumnavigated they will find other ways to complete the tasks or do away with them altogether. As a retiree I have to say I really don't know where I got the time to go to work though as we are now busier then when we worked, just don't get paid for anything !
This is a rather cynical take, but I feel like productivity will go through the roof, and still the majority of us are going to be pushed down trying to squeeze more production out of us. I feel this way because no one has ever hinted at an end goal, when we will be able to look back and say that is enough, we achieved what we needed to achieve. Ambitions grow as supply, technology and different methods present new opportunities. Some peoples ambitions grows to meet that. While I want a UBI which allows us to explore so much more (I'd like to see greater distribution of the ability to explore, to think, to create), so I feel like until we reach a point that UBI, should be irrelevant (A point where abundance out weights ambition if that is even possible), only then might it be it be considered. Because it's probably to risky a proposition to some to consider any time soon.
Is this all really going to happen? Because I see every now and then news about AI development and how it'll change everything but it really doesn't seem like it'll be that much of a thing, I'm very skeptical about it
It is, it was and always will be about power. And if you think that socialism is taking from those who word hard and giving it to those that don`t - you`re wrong. It`s called capitalism. It is a very outdated system.
@@honkytonk4465 under capitalism, those who make the most money (i.e. those who are rewarded most) are those who simply own lots of assets. owning shares in companies or land or buildings entitles you receive profits or rent, which increases your wealth, which you can invest to gain even more profits or rent in the future. without lifting a finger. this also drives up the price of companies and housing, making it harder and harder over time to start or take over a business or to buy a house if you're not already wealthy. on top of that our society makes this even worse by taxing labour higher than such passive income. so if you get most of your income from working you're definitely among the losers in our system.
@@nexusphreez Rational socialism is absolutely the answer. We obviously don't have to have a repeat of the Soviet Union, unless you think state capitalism centralized entirely in the hands of the government is what DJWESG1 is talking about. You wanna get into it?
There should be universal basic investment accounts that are funded monthly. That way there's is an incentive to not spend the money but to allow it to be traded and appreciate in value.
what if there was a (global) limit, how much money *any* person could own? eg. $50 million and everything above that limit would then be *massively* taxed (eg 50-60% tax) and then re-distributed among the poorest population segment
and a part of that global tax would then be used to fund science projects, climate change mitigation projects, afforestation projects, ocean cleaning projects, bio-engineering projects to create microbes which can dissolve microplastics etc.
ok, the (global) tax rates had to be adjusted: > $1 million this special tax would start with 10%, > $5 million: 20%, > $10 million: 30%, > $20 million: 40%, > $30 million: 50%, > $ 50 million: 60% (maximum tax rate)
All this talk about AI is just like the economic textbooks and economists themselves saying “all things being equal “ which basically means that you look only and strictly only at you equations and do not consider anything else that might influence it. There is not human will put into the equations, no war , no natural disasters nothing. And just like in economy where this actually just shows how flawed this equations are so - I think - will be with AI. Everyone is talking about companies and only from perspective of companies and workers are only in the discussion as the ones that will be let go, I have yet to hear some of this big YT and AI experts talk about the buying power of the people - if we loose jobs and money - who is buys their services ? Big business buying from each other ok some but it’s not all of it. A car may be mad by AI with super mega AI but still humans need to buy it and in this get rich quick scheme anything AI will be over evaluate and people will not buy it. So again a lot of factors are so blatantly omitted in all this talks that it’s just gets stupid
If workers are given the ability to make decisions about AI for a company they will inevitably choose to slow down the rollout of AI. This will mean products will continue to cost more than they would with AI, which hurts consumers. This is shown in the UAW fighting against EVs, which are better, safer, last longer, and soon-to-be cheaper than gas cars. The idea that companies will “increase profit” with the saved money shows an ignorance of basic economics. Companies strive to have a steady profit - it’s not good for them to have too much or too little profit so they adjust prices and spending accordingly.
I don't think using AI to make workers more productive is any better than replacing them. It might help the ppl who have a job, but it blocks others from joining the jobmarked. If all workers in a company becomes more productive the company can grow without heiring more ppl. younger generations have it hard enough already, and this is only a way to make it even harder for them.
@@snowflakemelter7171 I've been thinking about this with my healthcare startup. What's the point of making cheap stuff if people can't afford the cheap stuff anyways...
@@snowflakemelter7171 you meant to say to a dystopian hellscape where the vast majority suffer and only the elites rulers of AI software and robotics thrive. The end of the human race as we know it.
the difference is that you also get ubi if you work. it doesn't stop you from supplementing your basic income by doing a job. the biggest difference then is probably going to be that what are now unpleasant jobs with low pay will have to offer increased salaries. the job market will be more like a real market than holding workers ransome like it is now , where the alternative to working a shit job for peanuts of often the only alternative to becoming homeless for many people.
@@pwagzzz it's not naive. it's just the definition of UBI. if it's not universal (i.e. you get it while working, or more precisely under every circumstance), the it cannot be a Universal Basic Income.
@@pwagzzz it's not being naive. it's just the definition of UBI. if you don't get it under every possible circumstance - so also if you're working - then it cannot be a Universal Basic Income.
@tru7hhimself what I mean is a billionaire gets it and could care less. A worker displaced by AI is dependent on it. To those in jobs it's effectively a tax deduction and the effective tax paid by billionaires is often
“It’s amazing what has been happening to the hours… most people are retiring early” - when most people are jobless and homeless due to AI and automation 😅
all human must be able to create, explore, learn, teach, without being worry or got hunger, cold without shelter, afraid for their lives... nowdays tech advancement able to do that. whats helding back is the obselete monetary system which complicate many things, with the lucrative money sided minded system it isn't possible for human farmer to just plant the crop they love and distribute them any way he likes because that will be against the principle of capitalism.... the other complicated thing this obselete monetary system create is the absolute political order which is now endanger living of many human lives. I hope for the safety of United States the politics seems soo much heat there. and I hope human will be able to flourish in their tech advancement not the other way around.
AI is plateauing. What you see is what you get. Call Centers, coding jobs, administration stuff, payroll/finance, everything can be done with AI but I don't expect "AGI". I think AI was over promised and under delivered, although the chat bots are fun. But they are just that, chat bots; "agents".
This perspective is often echoing a few experts. AI development is far from plateauing; in fact, it is advancing rapidly with capabilities increasing exponentially. What is plateauing is the release of these advancements, as they are being managed carefully to ensure societal stability. The challenge lies in ensuring responsible integration into the workplace.
@@matetheking "OpenAI’s CEO Says the Age of Giant AI Models Is Already Over" Sam Altman says "the research strategy that birthed ChatGPT is played out and future strides in artificial intelligence will require new ideas."
I need a response to this (my question not the video). If we are creating systems that can take over all human jobs, at the point of which most or 50% of human jobs are gone, won’t we have a llm or ai system capable of giving us a good response to solving the “ai taking human jobs” issue? Why is everyone like “ubi this, ubi that”???? Humans are factually susceptible selfishness and greed. I don’t think ANY idea that’s created to help the common folk live happy lives after ai takes their job will be made with good intention, nor will it fix the issue.
The response is everyone getting a decent life and place to live and pursue creative, artistic, humanitarian passions and let the robots do labor. The better the AI the more free we should be if these tech fat cats don't muck it up
@@stereo-soulsoundsystem5070 I do tend to agree with you on this, but i have a bad feeling we are going to go through a tough patch before we see the light.
@@patrickhorn2355 ubi is the proposed solution to humans not being included in the workforce. Whole point of this discussion is because we won’t have a place in the workforce in the future.
AI helped me become an operations manager for my company. Now I pretty much make every employee of mine use AI. No lay offs, no replacement, just increased productivity. AI is a blessing. Stop being so worried.
UBI is better cause it helps all people as a whole and not everyone like working at a job dealing with rude workers or stressful work for many years just to get a good amount on social security.
@@cryptojonny6837 What's the difference between lowering social security gradually until it reaches birth and UBI? I'm interested in what we should be doing in 2030, 2035 and 2040, not what we should be doing in 2070.
Did he factor in Humanoid Robotics into this and the Figure of working Hours hes chatting wham 38-40 Hour weeks does not include Time at work for lunch so this is Time Spent at work 43-44Hours then add in travel time 2 Hours a Day average is total Wasted Time for work a week so his calculation is wrong give people back the Time
I program, I'm an indie game dev and right now I use Chat GPT for help but it's far from being able to code a game on its own. You have to know code and understand game design and even then it only gets about 2 out of 5 requests right. So for now, I see this being the case for the next 3-5 years. Ai will replace call centers, and warehouses and significantly reduce several other jobs over the next 5 years. Trade jobs, such as plumbers, electricians, etc., will be one of the job types that last the longest. For real job replacements, AI needs to be more interactable, example, I need an AI like Chat GPT that can live on my PC, and learn with me as I make games, this way it remembers what we did and can relate back to it. However the issue with that is all the people that would use a personal AI to create viruses, hack people etc, so I don't see this coming anytime soon and when it does it will be very basic.
NO to basic income!! terrible move to stifle society. Society needs a set back! people need to lose their jobs and have product supply UP while demand is DOWN (The only thing is a potential push out of home loans as this is the most fundamental human need - but no free money). This is to correct our inflated market. Then, as productivity in ai goes up, yes jobs will open up and we will figure out how to do more! building bigger and better things. Basic income only enables people to NOT CARE
There are a lot of people who believe they should be getting paid for no input. People will need to retrain and learn new skills, like you say build bigger & better
@snowflakemelter7171 The point would be to turn all of humanity into a permanent aristocracy and replacing the working/middle class with AI and robotics.
I don't agree. We have already proven through many studies that UBI is a definite plus. In the past, new jobs opened up, but we aren't talking about a new tool here; we are dealing with an actual intelligence that is getting smarter and smarter, which is putting a bigger distance between our capabilities and its capabilities. This is not the same as the steam engine, a telephone, or even a computer-those are objects and tools. This is an intelligence
@@TheAiGridIt works because we can tax the companies. For instance, lets say the robot is as productive as a human. The company makes productivity- cost of employment or cost of robot. Let’s say the human salary is $20,000 the same as the cost of the robot. The robot has a shelf life of 5 years. Essentially the company saves $80,000 for each robot employed. The government can then tax the company per robot per savings (up to $80,000) this will also decrease the incentive from laying off the entire work force and lead to a net benefit and lower taxes for everyone.
I have been avoiding your videos for a while, because quite frankly, the thumbnails look pretty boring and generic. However, not only are your videos quite interesting, but your video editing is quite professional. I would suggest you start making cooler, more futuristic / sci-fi type of thumbnails.
The problem is, what took 10 qualified humans to do before, will now take 1 qualified human with AI to do. 90% job loss.
This is true, not sure you will even need the one human.
Well 90% of western world fell for the psyop and injected chemicals into themselves. That's still got to play out....
So we need more problems that create new jobs. 🤔
@@matetheking In the far future no, but in the near future people thinking this will be fine because AI can't 1:1 replace humans seem to often forget huge gains in efficiency also lead to fewer jobs. The counter often proposed is retraining, but that doesn't work if generalized AI reduces the need for labor across the board and is capable of also performing all the new jobs it creates.
@@chatgpt4free AI will probably solve those problems too.
The big question is how are companies going to make profits if vasts amount of the population go unemployed and reduce their spending or stop it altogether. If they dont find a solution to that problem it will be a dog that will bite its own tail
I am in the entertainment business in Los Angeles and it is a bloodbath. The industry is never going to recover with regard to the amount of humans that are employed in this industry. I read the entire side contract and they got some provisions but when 2026 comes and they renegotiate, they’re probably going to get wiped out.
And frankly, I’m healthy about that because there are some people who are really great that lost their job and that’s awful but the grift and the mediocrity and Hollywood as well as other businesses the race to the bottom mentality that Americans seem to have taken. I’m all for it, UBI let the robots do the work and then the creatives have an entire world on fettered by crap work and we can actually fully live.
Imagine how fast non-woke AI money-making entertaining entertainment workers may replace the woke money-losing activist human workers
“My jobs as a coder is gone, but I’m starting a new career as a caregiver for the elderly….
Oh! AGI has just cured old age. All the pensioners are now fit for work and joining the job market.”
What job market? After we have AGI there will be no job market.
right @@pvanukoff
Oh great, so instead of my six-figure tech salary cognitive-job, I can work for barely over minimum wage as a caregiver in a retirement home. Even if demand for caregivers increases, the supply of former tech workers looking for jobs will also increase. F that.
not really care workers will be one of the first casualties of the bot take over, maybe you could get a job oiling the bots ?
Migrant farm worker until the ai robots stop smashing the produce and picking rotten produce. Right now farms need you to replace the venezuelans and other migrant workers.
@@stevenbarrett7648100% wrong, the robot maintenance jobs are gonna be the first to go. Healthcare is gonna be the last to go in about 50 years. Tech and maintenance jobs have 20 years max.
You and all the other people in your pay-grade are going to have to get off your behinds and pressure congressmen to have safety nets in place where you get at least, an equivalent to your pay check stipend for your services (which you no doubt worked tirelessly become a useful member of society). If companies get stupid rich off AI labor people like you cannot be downgraded in profession due to greed. But wealthy people won't accept responsibility without a fight
Keep your skills up to date you'll stay employed, start investing in things that will put money back in your pocket, you'll always have a good income. Should be easy if you already make 6 figures in tech
I "produced" a :30 spot via AI. It took me 6 minutes. I didn't have to hire an actor, or someone to shoot camera, or find an editor, or scout and rent a facility to shoot it in. Also, I didn't need someone to light or do sound. So...tell me AI is not going to take jobs away.
the irony is AGI will come up with miles better solutions to all these problems than humans, making current debates about UBI and other stuff utterly moot
You have no basis for this claim. Until that better answer is given, it may as well not exist.
@@KleptomaniacJames surely most trends indicate AGI when it comes will handily outclass current non general AIs which already outclass most humans in art, music, legal reasoning, medical understanding, raw knowledge, coding, go, chess etc? Isn't the point of AGI to surpass human cognition and solution generation? I mean the world's most powerful and wealthy companies are betting billions/ their future that it is so. Do you think they're misguided/stupid because AGI _"may as well not exist"?_
Yeah, but people won’t listen. People with money, power and land in the current setup are not going to give up stuff.
if a.i can come up with a better solution that the welfare state and progressive taxation id be very surprised. and should it do that, itll be banned quicker than porno featuring the king.
Super intelligent ai maybe able to
1:43
Same thing happened when computers, the internet, social media, and smartphone
apps first came out. Not a lot of people knew HOW to use it.
Adoption rate took time. The problem with this is that you don't have 10 years to
figure it out. Minute you blink that automation is gonna blow by you. that's
what's coming.
Agreed, 100% and the difference here is that peolple dont need to know how to use it.
5 years
Difference this time is none of those previous technologies were the automation of cognition and decision making itself. That changes everything.
If I write code 10x faster (and better), then I remove 9 other coders from the market.
Or we get 100x more software products because each developer can now do 10x the amount of work.
@@snowflakemelter7171 I genuinely hope you're right.
@@snowflakemelter7171theres isn't any need for 10x commercial sw products. And also not forget many of the developers developing and maintaining inhouse backend softwares what number is near constant at the given firm, the company won:t need even 2x of them.
@@snowflakemelter7171 That would mostly be market inflation. The same happened with video games; many games are not good, but some are good and worth playing.
@@snowflakemelter7171 Not likely. Demand for those products wouldn't magically go up. The markets would just get oversaturated, and no one will make enough to live on. Plus who will afford those products, when so many workers won't be able to compete for an income?
12:15
This reference to the 1870’s and hours worked being 1/2 and the early tech developments are fundamental to grasp exponential growth.
As humans we consider our life and our children’s lives the scale of relevance.
This is a tiny window to look through if we can’t see the house on which it was installed.
Money is not going to mean much to anyone if every iteration of AI development outperforms their capacity in a timescale to use it.
If money doesn’t mean much we should be focused on what truly does matter more.
So it would seem plausible that if we are going to offer hope and prosperity in the coming age….
We need to need to understand the backbone of how we were offered hope and prosperity of those that gave their lives for our own.
The future is uncertain
The past is known.
Take care.
Jeremy
History does not show A very favorable view of things that become useless.
@@ClydePRiddlesbrood not necessarily. Britain still has a royal family! We turn entertainers into millionaires despite being useless while nurses and teachers often struggle
@@piano-bz9eh 😅
Just a quick minor insignificant question. Where does this magical UBI come from, is it from the same magical money tree that all the cough payment/handout/subsidies came from? The same payments that accelerated inflation to the point where the cost of living is now unaffordable.
We often say that people will be occupied with creative work, but it becomes more clear to me over time that it wouldn't be just creative, what we will do is specifically make a difference in every possible way. It would keep us fit and lead us to further development of our species.
@@pandereodium You should understand what billionaires have in mind for AI
@@Chuck_Hooks Line goes up faster, F everyone else. Anything we say to the contrary is just Public Relations based misdirection.
@@outtheredude Watching any Whitney Webb YT interview will set you straight as to what is in store.
Thanks for keeping us updated you're the best 🎉
The bigger advantage imo is my years in automation , combined with ai, I clicked 1 button this morning and am putting top content into 100 sites without having to think about it again
Never seen them
I have a hard time believing that "top content" is good quality if all you're doing is pressing 1 button.
@@VENOMxVR it’s ok, that’s the magic of knowing how to code, bein able to do automation, understanding how to prompt algorithmically , knowing all internet protocol stuff you need to know, and paying to learn SEO from the worlds best. It’s not for everyone. In fact, I DONt want people bothering me with their questions
If wages decline, the demand for many products will subsequently decrease. This reduction in demand will eventually lead to an equilibrium where the pace of AI and automation adoption slows. Supply can not expand indefinitely without a corresponding increase in demand. If the demand for goods and services stagnates, there is no economic rationale to invest in the automation of these industries.
meandego, there is another aspect like price of goods & services can get reduced with wide-scale efficient & reliable automation ... but question is to what extent price can get cheaper ... if things overall become quite cheaper, then automation would have delivered its benefit it supposed to provide.
@priyankarpanja4676 Prices can decrease slightly, but if wages also decline, this reduction will not suffice. When wages decrease, people's shopping habits and priorities change significantly.
17:23"under capitalism you need money to survive". Also under capitalism businesses need customers to sell goods and services to. Now most customers have jobs working for businesses if in the future customers lose their jobs and then they end up losing their incomes will then guess what businesses end up folding. So under capitalism businesses need customers and if the customers get their income as a UBI well then everybody will be happy.
Large companies might create Level 5 shell companies, fire people at their main company, and outsource the work at an outrageous cost to their newly formed AI shell company. Or they might just buy an AI startup and do the same thing.
Same situation but with the AI revolution.
It’ll be difficult battling those developed grooves in our brains and a species’ worth of trade habits/behavior, especially for those in the highest tax brackets.
How does one even plan for a life where AGI is imminent and inevitable?
Everyone's speculating. Nobody knows. AI's still under construction and development. What little historical precedent there is isn't too promising and is based on a fundamentally different world to the one we're in today, such as a fraction of the world's population and somewhere for that population to go for instance.
farming is never out for self survival.
food n land = necessary,
rest = luxury, given by AGI
When your labour is worth nothing. What do they need you for?
A humanoid AI robot (hAIbot) helper will be invaluable for small farms, small businesses, homesteads and elder care. I have a lot of simple tasks around my farm, forest, butchershop and construction sites where hAIbots could be a big help. I need a bit more rugged than the Tesla Optimus. They need to be able to keep up with me: 6’ tall, lift 500 lbs for tipping and rolling hay bales, carry 300 lb at 4mpg walking speed, carry 100 lb at 8 mph walking speed, dexterous. IP67 weatherproof down to -50°F. They should be able to repair and service each other. I just had to send one of my tractors in for repairs - $11,000. An AIbot could do that reducing it just to parts cost. At the often touted price by Musk of $15K I would take three for my farm. AI Robots, pitchforks, knives, chainsaws and lasers… what could possibly go wrong? 🤔
So they say we want to do things to make us proud but then in the next breath go on about UBI while structurally making all human participation irrelevant. You cannot have it both ways. They also release UBI studies (like Sam Altman's recent $60m experiment) where they give money to people that are currently working which skews results. What i mean to say, when you have something and you get a little more your life changes a lot less and meaningfully than when you have absolutely nothing and no hope (structural, permanent unemployment by AI and AGI) and then you are given a UBI. It strikes me as disingenuous and leading to an outcome the AI CEOs want to say that UBI won't work. Trust me, when you have zero way of feeding yourself or housing yourself and you get given a $1000, it will make ALL the difference. Society collapses when the majority of people starve.
It helps if you envision citizens all transferred into a high tech, global, prison network. Then think of UBI as the current prison $2 per hour wages you get, no matter what job you’re doing… at least as far as you do what you’re told, you don’t publicly contradict large corporation marketing campaigns, nor do you call attention to a problematic/dangerous/illegal corporate policy or product. Making it this far still requires that you don’t criticize the banking system, even if you wrongly thought you had money that’s no longer registered to your balance, and finally you can’t take issue with, nor complain about election integrity. It’s also worth mentioning that all those rules are to guide, not only your actions, but also make sure you’re not thinking those wrong ideas. Wrong-think will negatively impact your UBI privileges.
@@zacboyles1396 do you then thinking that eating the rich is the only way out of this? Because they are barreling head first into this dystopian future with little choice, social movement or genuine freedoms. You could be cancelled with the click of a mouse (cancel your UBI).
@@WhatIsRealAnymoreleft wing authoritarianism, which underlies eat the rich campaigns, is not your answer
@@kimilsungthefirst6840 damn at least your honest, rare to see people outwardly identify as authoritarians
@@kimilsungthefirst6840 the only way they could is through the kind of globalist policies that the left supports
Using the comparison here at 13:00 doesn't consider exponentiality. Things are not linear.
In the animatrix, they were at a level 5 before crap hit the fan.
Maybe we can have the robots and AS adopt a human to keep as a pet ?. Keeping humans in work instead of automating is a recipe for the competition to come eat your lunch. Jobs that cannot be taken over by automation will be circumnavigated they will find other ways to complete the tasks or do away with them altogether. As a retiree I have to say I really don't know where I got the time to go to work though as we are now busier then when we worked, just don't get paid for anything !
This is a rather cynical take, but I feel like productivity will go through the roof, and still the majority of us are going to be pushed down trying to squeeze more production out of us. I feel this way because no one has ever hinted at an end goal, when we will be able to look back and say that is enough, we achieved what we needed to achieve. Ambitions grow as supply, technology and different methods present new opportunities. Some peoples ambitions grows to meet that. While I want a UBI which allows us to explore so much more (I'd like to see greater distribution of the ability to explore, to think, to create), so I feel like until we reach a point that UBI, should be irrelevant (A point where abundance out weights ambition if that is even possible), only then might it be it be considered. Because it's probably to risky a proposition to some to consider any time soon.
I don't think ubi is going to be what we want it to be unless we have a massive spiritual level up first.
I'm working on a robot carer / housekeeper. So there will be less jobs for carers in the future.
Is this all really going to happen? Because I see every now and then news about AI development and how it'll change everything but it really doesn't seem like it'll be that much of a thing, I'm very skeptical about it
It is, it was and always will be about power. And if you think that socialism is taking from those who word hard and giving it to those that don`t - you`re wrong. It`s called capitalism. It is a very outdated system.
???
@@honkytonk4465 under capitalism, those who make the most money (i.e. those who are rewarded most) are those who simply own lots of assets. owning shares in companies or land or buildings entitles you receive profits or rent, which increases your wealth, which you can invest to gain even more profits or rent in the future. without lifting a finger.
this also drives up the price of companies and housing, making it harder and harder over time to start or take over a business or to buy a house if you're not already wealthy.
on top of that our society makes this even worse by taxing labour higher than such passive income.
so if you get most of your income from working you're definitely among the losers in our system.
@@tru7hhimself i am a loser then. Nothing i can do about it but wait for my obsolescence. Eat. The. Rich.
Is there an example of UBI working somewhere (current).
these problems can only exist in a world that refuses to be socialist.
Socialism is a system that has never worked so why not another.
@sandponics i think my point stands ;-)
Oh hell, please don't tell me you think socialism is the answer to anything.
Exactly
@@nexusphreez Rational socialism is absolutely the answer. We obviously don't have to have a repeat of the Soviet Union, unless you think state capitalism centralized entirely in the hands of the government is what DJWESG1 is talking about. You wanna get into it?
There should be universal basic investment accounts that are funded monthly. That way there's is an incentive to not spend the money but to allow it to be traded and appreciate in value.
Funny that there are people who think billionaires will allow themselves to be made to fund UBI.
what if there was a (global) limit, how much money *any* person could own? eg. $50 million and everything above that limit would then be *massively* taxed (eg 50-60% tax) and then re-distributed among the poorest population segment
this could solve poverty worldwide, if done by international regulations (such as a UN-based tax office, etc)
and a part of that global tax would then be used to fund science projects, climate change mitigation projects, afforestation projects, ocean cleaning projects, bio-engineering projects to create microbes which can dissolve microplastics etc.
ok, the (global) tax rates had to be adjusted:
> $1 million this special tax would start with 10%, > $5 million: 20%, > $10 million: 30%, > $20 million: 40%, > $30 million: 50%, > $ 50 million: 60% (maximum tax rate)
All this talk about AI is just like the economic textbooks and economists themselves saying “all things being equal “ which basically means that you look only and strictly only at you equations and do not consider anything else that might influence it. There is not human will put into the equations, no war , no natural disasters nothing. And just like in economy where this actually just shows how flawed this equations are so - I think - will be with AI. Everyone is talking about companies and only from perspective of companies and workers are only in the discussion as the ones that will be let go, I have yet to hear some of this big YT and AI experts talk about the buying power of the people - if we loose jobs and money - who is buys their services ? Big business buying from each other ok some but it’s not all of it. A car may be mad by AI with super mega AI but still humans need to buy it and in this get rich quick scheme anything AI will be over evaluate and people will not buy it. So again a lot of factors are so blatantly omitted in all this talks that it’s just gets stupid
If workers are given the ability to make decisions about AI for a company they will inevitably choose to slow down the rollout of AI. This will mean products will continue to cost more than they would with AI, which hurts consumers. This is shown in the UAW fighting against EVs, which are better, safer, last longer, and soon-to-be cheaper than gas cars. The idea that companies will “increase profit” with the saved money shows an ignorance of basic economics. Companies strive to have a steady profit - it’s not good for them to have too much or too little profit so they adjust prices and spending accordingly.
I don't think using AI to make workers more productive is any better than replacing them. It might help the ppl who have a job, but it blocks others from joining the jobmarked. If all workers in a company becomes more productive the company can grow without heiring more ppl. younger generations have it hard enough already, and this is only a way to make it even harder for them.
If people dont have jobs who will buy the products?
The market will shift to a luxury marketplace.
@@snowflakemelter7171 I've been thinking about this with my healthcare startup. What's the point of making cheap stuff if people can't afford the cheap stuff anyways...
@@snowflakemelter7171 you meant to say to a dystopian hellscape where the vast majority suffer and only the elites rulers of AI software and robotics thrive. The end of the human race as we know it.
A question is for the better or worse?
AI is doing a great job writing estimates and proposals as part of my handyman business.
Will this build games or help build games
All chatgpt is good for is getting documentation for code, even then it fails drastically, so yeah hype and biased answers to simple questions
0:50 I’m supposed to know who either of those guys are? And why does the guy on the left have cape on his nose?
UBI is just a euphemism for unemployment benefits, which only funds the idle to meet bare essentials. No one has a great lifestyle on handouts
the difference is that you also get ubi if you work. it doesn't stop you from supplementing your basic income by doing a job. the biggest difference then is probably going to be that what are now unpleasant jobs with low pay will have to offer increased salaries. the job market will be more like a real market than holding workers ransome like it is now , where the alternative to working a shit job for peanuts of often the only alternative to becoming homeless for many people.
@tru7hhimself getting UBI while you work and getting high wages for crappy jobs... that is so optimistic and sooooo politically naive
@@pwagzzz it's not naive. it's just the definition of UBI. if it's not universal (i.e. you get it while working, or more precisely under every circumstance), the it cannot be a Universal Basic Income.
@@pwagzzz it's not being naive. it's just the definition of UBI. if you don't get it under every possible circumstance - so also if you're working - then it cannot be a Universal Basic Income.
@tru7hhimself what I mean is a billionaire gets it and could care less. A worker displaced by AI is dependent on it. To those in jobs it's effectively a tax deduction and the effective tax paid by billionaires is often
“It’s amazing what has been happening to the hours… most people are retiring early” - when most people are jobless and homeless due to AI and automation 😅
I’m already doing a lot of work with AI. But f me if I’m sharing that time savings with my employer.
all human must be able to create, explore, learn, teach, without being worry or got hunger, cold without shelter, afraid for their lives... nowdays tech advancement able to do that. whats helding back is the obselete monetary system which complicate many things, with the lucrative money sided minded system it isn't possible for human farmer to just plant the crop they love and distribute them any way he likes because that will be against the principle of capitalism.... the other complicated thing this obselete monetary system create is the absolute political order which is now endanger living of many human lives. I hope for the safety of United States the politics seems soo much heat there.
and I hope human will be able to flourish in their tech advancement not the other way around.
TheAIGRID rocks!
Sam altman shocks
AI is plateauing. What you see is what you get. Call Centers, coding jobs, administration stuff, payroll/finance, everything can be done with AI but I don't expect "AGI". I think AI was over promised and under delivered, although the chat bots are fun. But they are just that, chat bots; "agents".
YOU'RE COMPLETELY CLUELESS......GO AHEAD AND STAY THAT WAY
@@tonydeboss3838 How much are you invested in "AGI" 🤣 More then 20k? ooof. hope you have a diversified portfolio !!
This perspective is often echoing a few experts. AI development is far from plateauing; in fact, it is advancing rapidly with capabilities increasing exponentially. What is plateauing is the release of these advancements, as they are being managed carefully to ensure societal stability. The challenge lies in ensuring responsible integration into the workplace.
@@matetheking The utopia is far away.
@@matetheking
"OpenAI’s CEO Says the Age of Giant AI Models Is Already Over"
Sam Altman says "the research strategy that birthed ChatGPT is played out and future strides in artificial intelligence will require new ideas."
Are the overestimating artificial intelligence capabilities
I need a response to this (my question not the video). If we are creating systems that can take over all human jobs, at the point of which most or 50% of human jobs are gone, won’t we have a llm or ai system capable of giving us a good response to solving the “ai taking human jobs” issue? Why is everyone like “ubi this, ubi that”???? Humans are factually susceptible selfishness and greed. I don’t think ANY idea that’s created to help the common folk live happy lives after ai takes their job will be made with good intention, nor will it fix the issue.
You're assuming AI will find a place for us in the workforce. What if there is none?
The response is everyone getting a decent life and place to live and pursue creative, artistic, humanitarian passions and let the robots do labor. The better the AI the more free we should be if these tech fat cats don't muck it up
@@stereo-soulsoundsystem5070 I do tend to agree with you on this, but i have a bad feeling we are going to go through a tough patch before we see the light.
@@stereo-soulsoundsystem5070 I meant a response to my post, not the topic of the video. I guess is should’ve clarified that though 😪
@@patrickhorn2355 ubi is the proposed solution to humans not being included in the workforce. Whole point of this discussion is because we won’t have a place in the workforce in the future.
Great video. Thanks!!!!
Cum te ave sasati veri? Esto placente ora placebi naco ingani?
when there are no news they start to talk on Sam Altman and AGI
Figure couple years i will have a few phd's. Then i gets creative and make lots of money i won't need.
Will the AI organisations include AI intelligence services or terrorist orgs?
AI helped me become an operations manager for my company. Now I pretty much make every employee of mine use AI. No lay offs, no replacement, just increased productivity. AI is a blessing. Stop being so worried.
Not all companies will see it that or do it that way.
Majority of companies are not like this.
Reducing the social security age to 55 would cost 500 billion dollars a year. That’s better than UBI.
UBI is better cause it helps all people as a whole and not everyone like working at a job dealing with rude workers or stressful work for many years just to get a good amount on social security.
@@cryptojonny6837 What's the difference between lowering social security gradually until it reaches birth and UBI? I'm interested in what we should be doing in 2030, 2035 and 2040, not what we should be doing in 2070.
Humans need to unionize against ai and robots...
unionize against probably our only shot at escaping the human meat grinder that is capitalism ? nah I'm good on that.
Whitney Webb.
Did he factor in Humanoid Robotics into this and the Figure of working Hours hes chatting wham 38-40 Hour weeks does not include Time at work for lunch so this is Time Spent at work 43-44Hours then add in travel time 2 Hours a Day average is total Wasted Time for work a week so his calculation is wrong give people back the Time
How about agi to make games
all of what we experience might be simmed at one point.
AGI is already here !!
We need a new system for humanity,!
Well that's not good 😞
Uh not even close.
Where?
What is your interpretation of AGI? This is what matters
Imagine the corporate greed agi will learn
ist schon schön hier
Ja voll
I program, I'm an indie game dev and right now I use Chat GPT for help but it's far from being able to code a game on its own. You have to know code and understand game design and even then it only gets about 2 out of 5 requests right. So for now, I see this being the case for the next 3-5 years. Ai will replace call centers, and warehouses and significantly reduce several other jobs over the next 5 years. Trade jobs, such as plumbers, electricians, etc., will be one of the job types that last the longest. For real job replacements, AI needs to be more interactable, example, I need an AI like Chat GPT that can live on my PC, and learn with me as I make games, this way it remembers what we did and can relate back to it. However the issue with that is all the people that would use a personal AI to create viruses, hack people etc, so I don't see this coming anytime soon and when it does it will be very basic.
Agreed, I want Ai or Agi that can do full games all the above, or it's not agi i except I WILL probably have to wait a few years
NO to basic income!! terrible move to stifle society. Society needs a set back! people need to lose their jobs and have product supply UP while demand is DOWN (The only thing is a potential push out of home loans as this is the most fundamental human need - but no free money). This is to correct our inflated market. Then, as productivity in ai goes up, yes jobs will open up and we will figure out how to do more! building bigger and better things. Basic income only enables people to NOT CARE
There are a lot of people who believe they should be getting paid for no input. People will need to retrain and learn new skills, like you say build bigger & better
8 billion people will need help to survive as long basic survival necessities require money.
Well said. UBI just creates a permanent underclass with no upward mobility.
@snowflakemelter7171 The point would be to turn all of humanity into a permanent aristocracy and replacing the working/middle class with AI and robotics.
I don't agree. We have already proven through many studies that UBI is a definite plus. In the past, new jobs opened up, but we aren't talking about a new tool here; we are dealing with an actual intelligence that is getting smarter and smarter, which is putting a bigger distance between our capabilities and its capabilities. This is not the same as the steam engine, a telephone, or even a computer-those are objects and tools. This is an intelligence
Ai is rahu, hence surely gonna grow exponentially
Ai jobloss will get worse. Cease Ai. Or else.
Love AI ❤😊
10k a month
Robots will help uphold the feminine dignity too in the society
Just have robots and AI pay taxes.
Agree.
just shift the tax burden back from labour to profits and income made from simply owning assets.
They’ve explored this. The TLDR is that it won’t work
@@TheAiGrid maybe some robots we buy we have to pay taxes on it some products that we buy we have to pay taxes so I think it would work.
@@TheAiGridIt works because we can tax the companies. For instance, lets say the robot is as productive as a human. The company makes productivity- cost of employment or cost of robot. Let’s say the human salary is $20,000 the same as the cost of the robot. The robot has a shelf life of 5 years. Essentially the company saves $80,000 for each robot employed. The government can then tax the company per robot per savings (up to $80,000) this will also decrease the incentive from laying off the entire work force and lead to a net benefit and lower taxes for everyone.
posted 1 minute ago! wow i might be first :)
Why would people move into art when AI can do better.
BRO AGI IS NOT A CANDY LYING AROUND. ACHIEVING AGI ON VON NEWMANN ARCHITECTURE IS LIKE TRYING TO FLY ON A BICYCLE. PLEASE STOP HYPING THIS.
so stop talking about office work -get the robots to build a new home -and do ALL the paint work etc:
whilst
You are representing nothing and repeating everything
Modify or simplify
You’re time line or output
I have been avoiding your videos for a while, because quite frankly, the thumbnails look pretty boring and generic.
However, not only are your videos quite interesting, but your video editing is quite professional.
I would suggest you start making cooler, more futuristic / sci-fi type of thumbnails.
❤
Most people following AI these days sound like the doom day prepers
I am one of the them
bro i will edit your videos for free. please let me do this for you
Email me
12 million jobs by 2030? eh i guess AI is overhyped then, we can afford to let those be homeless np.
I am already running my AI operated company that is currently valued at over $100 million USD 😂
🤡😂
This is a scam to pump stonks
If everything is about too change then he is the fall guy
hype bubble continues
UBI haha nope, no way
UBX - you be eXited
Upload it in daytime man
It's 11 am. Start your own channel.
@@redmoonspider why should I start my own channel
we already have evening ^^ lol
It is 7pm here. Do you even know where most of his public lives? 😂
bro do you understand timezones?
Why the shit you upload videos only at night
It's 5.17pm here.
12:24 PM here. You understand that if it's night where you are somewhere its day, and sometime it's tomorrow. :)
@@Edmund_Mallory_Hardgrove oh I am from India, it's night
it‘s early evening here
@@VvbbBb-pj7wq india lol dude this the internet lmfaoo
What's with his nose
Chronic allergies. At least you know I’m not a.i
wtf does he have on his nose?
All the attempts at UBI have failed.
retiring earlier? is this person on drugs lmao