The Harsh Truth Of Universal Basic Income

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  • Опубліковано 9 лют 2025
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КОМЕНТАРІ • 478

  • @gunnerandersen4634
    @gunnerandersen4634 8 місяців тому +166

    I have another theory, we all get left behind like always.

    • @ShangaelThunda222
      @ShangaelThunda222 8 місяців тому +28

      All these naive people refuse to recognize this reality.

    • @jorgeduardo101
      @jorgeduardo101 8 місяців тому +11

      This is also what I believe it's going to happen

    • @T3rminator_T800
      @T3rminator_T800 8 місяців тому +14

      Most likely outcome. Ever watch Elysium? Just like the movie.

    • @ShangaelThunda222
      @ShangaelThunda222 8 місяців тому +1

      @@T3rminator_T800 At best lol.

    • @AmericanIlluminati
      @AmericanIlluminati 8 місяців тому +9

      They can’t leave us behind. They need someone to consume. The economy doesn’t run on work. It runs on consumption. AI doesn’t consume.
      The current economic model works off the convenience they can have us labor to manufacture the same things we consume.

  • @DaveEtchells
    @DaveEtchells 8 місяців тому +36

    I don’t know how Universal Compute is gonna do when you need to buy eggs.

    • @Greyalien587
      @Greyalien587 8 місяців тому +1

      It would work. Instead of money you basically have intelligence/compute. You become an accountant,lawyer, whatever the person needs

    • @peterwood6875
      @peterwood6875 8 місяців тому

      You might be able to sell some of that "universal compute" for cash, to buy the eggs, with OpenAI charging a tidy fee for the privilege of doing so.

    • @Thedeepseanomad
      @Thedeepseanomad 8 місяців тому +2

      If compute takes the role of money.
      But yes it sounds backwards, even in a high tech scenario as compute is not an Index of production capacity for anything else than just compute.

    • @DaveEtchells
      @DaveEtchells 8 місяців тому +3

      @@Thedeepseanomad Thinking about it, it's just a question of what people choose to use as a marker for value exchange. The USD is just fiat, and gold's value is only very remotely related to its supply and demand relative to practical uses for it.
      So compute could just be another kind of agreed-upon unit of value exchange.
      The thing is that the external costs of providing compute will decline steeply over time relative to other elements of the economy (like eggs), so it'd be like an extremely strong, built-in inflation.
      Then there's the matter of who "owns" the value of the devices that are providing the compute. It'd be as if OpenAI, Microsoft, Google, AWS and others could just print USD today, which seems like a terrible idea.

    • @Thedeepseanomad
      @Thedeepseanomad 8 місяців тому

      @@DaveEtchells
      Yes. Anything people agree on can work as a medium of exchange. That is why I think trade in a AGI (or very capable ANI) world will be done with whatever tokens people find works best for them.
      But what I find more interesting is that UBI does not need to be part of this system in a way that sidesteps the issue with inflation and forced redistribution. All thanks to two features machines have
      1. They are not motivated by money(unless made so I suppose) and do compelled to do anything else than the work they are assigned (and designed) to do.
      2. Their energy and performance can be logged and is highly predictable.
      When people trade using monetary tokens, they are taking their best guess on how their trade fulfils their preferences compared to other options. The money is meant to put a number on that - but what it really describes is guesswork on how much available energy over available time something consumes to do work towards fulfilling our ranked preferences.
      That is because energy being consumed by a system (an organism, a computer or a society of organism using all kinds of machines etc) over time, generating a force, causing a force moving stuff around into new configurations - or to resist entropy (“Work”) is what makes the situation we exist in less or more useful than what it was up until that point relative to our preferences.
      This is how machines can supply us with resources without inflation or redistribution of resources. By pooling resources in order to seed and set up am open sourced commons sector of machine production with the purpose of distributing a large part of its verified output as machine production dividends.

  • @Earth2Ross
    @Earth2Ross 8 місяців тому +49

    NICE! Rappers are gonna have to flex their "compute" now lol

    • @antoniobutcher
      @antoniobutcher 8 місяців тому

      we can go dollar for dollar
      fk that we can go compute for compute

    • @HaxxBlaster
      @HaxxBlaster 8 місяців тому +3

      Gonna be wild to see big gold chains with heavy compute devices around their necks.
      Just a joke, but who knows, maybe it will be the new status symbol

    • @dariangarcia7577
      @dariangarcia7577 8 місяців тому

      I think if a global capitalist ubc is a better route over a global capitalist ubi for (survival and evolution )
      then compute would/should be like bitcoin or ethereum + access to gpt 7 .
      If a global capitalist ubi is better for survial and evolution , then that should be the future over a global capitalist ubc

  • @hypersonicmonkeybrains3418
    @hypersonicmonkeybrains3418 8 місяців тому +6

    GPT-4 says this; While the idea of "universal basic compute" as a new currency for UBI is intriguing, traditional currency remains essential due to its versatility. Compute resources are valuable, especially in an AGI-driven world, but they cannot replace money. Traditional currency can buy not just compute power, but also land, property, and other essential goods and services. Land and property are inherently scarce and valuable, which compute cannot replicate. Therefore, while compute might become an important resource, it will complement rather than replace traditional currency in a future economy.

  • @MicMaine
    @MicMaine 8 місяців тому +33

    I said this weeks ago, where we are heading money will mean nothing. Your degree, your status, your skillset, all means nothing. Your primary value is in your health.

    • @mochutasull739
      @mochutasull739 8 місяців тому +3

      You are much wiser than Sam

    • @jannekallio5047
      @jannekallio5047 8 місяців тому +5

      I kinda agree, but some skills will be still needed. we need to start caring about our health. Both physical and mental. people will need a new purpose. Social skills, mindfulness, connection to nature.. if we take this path, things will be good.

    • @DailyTuna
      @DailyTuna 8 місяців тому

      Then why allow these people to do this?They are as much of a threat as any other invading force from the past?
      Maybe these companies are no different than the rise of communism or a fascist regime? Just philosophizing.

    • @MrVanhovey
      @MrVanhovey 8 місяців тому +3

      @@jannekallio5047 How about the restoration of the Atomic Family, or endeavors into exotic thought processes and autonomous AI generation from natural language for said concepts, as a product? We are moving towards a sharing economy, IMO.

    • @fortium1025
      @fortium1025 8 місяців тому +1

      Universal Basic Assets are what's needed. Human well-being needs to be the currency of the day. No more of this "scarcity mentality" must be allowed to persist in society! All of us wealthy, hard-working people are capable of figuring out how to stay on top with a little more elbow grease, so we need to stop acting so scared of having to exercise the very virtues we espouse in the name of lifting our fellow-man into the same standard of living we enjoy. If we see people enduring circumstances that would be unacceptable to us (hint: this should help us define "basic" with regards to Universal Basic Assets), we need to use our ingenuity and dogged hard work to solve this problem and let the chips fall where they may. Universal Basic Assets for humanity. Such a no brainer!

  • @TheMrCougarful
    @TheMrCougarful 8 місяців тому +42

    Shorter: You won't have money. They don't know what you'll have, or how it would be valued, or how you might get it, but you definitely won't have any money.
    Reasonably, this implodes the consumer economy. But profits will be great for a few quarters or a few years, and in the short run, that looks attractive.

    • @ThunderZephyr_
      @ThunderZephyr_ 8 місяців тому +5

      Yeah fuck the people just maximize profits. Am I rite xdddd.

    • @delightfulThoughs
      @delightfulThoughs 8 місяців тому +4

      The bible says that everyone will get a mark to be able to trade goods, that is the mark of the beast gpt-***

    • @milesprowr
      @milesprowr 8 місяців тому

      Universal Baiting Income! 😳

    • @MrVanhovey
      @MrVanhovey 8 місяців тому

      We will always have money as a form of exchange. Adoption of AI will not be universal.

    • @TheMrCougarful
      @TheMrCougarful 8 місяців тому +1

      @@MrVanhovey Okay, fine. Be that way. But after AI takes over our jobs, where does the money come from?

  • @Limitless1717
    @Limitless1717 8 місяців тому +10

    Andrew Yang had it best... Freedom Dividend. Countries need to start now, giving each citizen a very small amount each month. As unemployment rates go up, the dividend goes up. Taxes for Corporations and the rich will have to go up. This will be needed to avoid total societal collapse. It's hard for any of us to imagine with our tiny ape brains, but our entire economic system will need to get a total reboot. There's no escaping it.

    • @fortium1025
      @fortium1025 8 місяців тому

      Universal Basic Assets are what's needed. Human well-being needs to be the currency of the day. No more of this "scarcity mentality" must be allowed to persist in society! All of us wealthy, hard-working people are capable of figuring out how to stay on top with a little more elbow grease, so we need to stop acting so scared of having to exercise the very virtues we espouse in the name of lifting our fellow-man into the same standard of living we enjoy. If we see people enduring circumstances that would be unacceptable to us (hint: this should help us define "basic" with regards to Universal Basic Assets), we need to use our ingenuity and dogged hard work to solve this problem and let the chips fall where they may. Universal Basic Assets for humanity. Such a no brainer!

    • @Mega-Tales
      @Mega-Tales 8 місяців тому

      @@fortium1025 Universal Basic Assets, very intriguing

  • @badlogicdetector8106
    @badlogicdetector8106 8 місяців тому +19

    If compute keeps increasing, the value of your share of it will diminish. It would be a poor store of value.

    • @GrumpDog
      @GrumpDog 8 місяців тому +1

      Well said. Plus, it's just another way they can rig the system with middlemen. A proper UBI gives the freedom of these choices back to the individuals.

    • @JamesFaction
      @JamesFaction 8 місяців тому +1

      indeed, hyperinflation will be the norm

    • @sunlight8299
      @sunlight8299 8 місяців тому

      That's an assumption. If the amount of compute increases who says your amount won't also increase or decrease.

  • @apexphp
    @apexphp 8 місяців тому +34

    That's insane. How is some token count with OpenAI going to pay someone's rent, buy groceries, or pay for the kid's soccer team registration? WTF is he on?

    • @TheMrCougarful
      @TheMrCougarful 8 місяців тому +17

      He is drunk with power and greed.

    • @OceanGateEngineer4Hire
      @OceanGateEngineer4Hire 8 місяців тому +2

      Are you insane? ASI compute could absolutely pay for all of those things. You simply tell it to set up and manage a profitable, automated business for you, and to reinvest the proceeds, and boom. You now have money to spend on other people's goods and services. How is that so hard to understand?

    • @TheMrCougarful
      @TheMrCougarful 8 місяців тому +21

      @@OceanGateEngineer4Hire Who are your customers, if nobody that you might sell to has any money because nobody has a job anymore? The problem is that simple. On the other paw, if you want to be a body servant to a millionaire who owns a lot of compute, then I guess there's that. Negotiate carefully, in such case.

    • @ShangaelThunda222
      @ShangaelThunda222 8 місяців тому +7

      ​@@TheMrCougarfulExactly. There won't be consumers.

    • @ShangaelThunda222
      @ShangaelThunda222 8 місяців тому

      Look up Transhumanism, Posthumanism and Planetary Brains.
      This is the openly stated agenda of the Great Reset and it's the future currently trending into existence, not some A.I. powered human Utopia lmfao.

  • @YoungMoneyFuture
    @YoungMoneyFuture 8 місяців тому +39

    Instead of of UBI, we should have universal basic housing so we can eliminate homelessness and increase productivity

    • @honkytonk4465
      @honkytonk4465 8 місяців тому +1

      ???

    • @mochutasull739
      @mochutasull739 8 місяців тому +5

      extremely flawed logic on too many levels to know where to begin 🤦‍♂️

    • @truthfuturist
      @truthfuturist 8 місяців тому

      Universal Housing on Horizon 🌄❤️🇵🇸🌍

    • @SirHargreeves
      @SirHargreeves 8 місяців тому +1

      Many are offered housing but wouldn’t be allowed to use drugs in them. Hence they would rather stay on the streets.

    • @justinwescott8125
      @justinwescott8125 8 місяців тому

      @sirhargreeves It's not "universal" if only sober people qualify. Universal means everybody gets it, and that's what separates it from welfare, which is "conditional" assistance.
      This is one of the reasons UBI is way easier and less expensive to implement. The checks get written, and delivered in the mail with no extra steps required. Whereas the welfare system has to employ thousands of employees who constantly monitor the recipients to make sure they are behaving.
      Ok, holy shit. I just had ChatGPT break it down for me, and it's way worse than I even imagined.
      (FROM CHATGPT)
      In the United States, the majority of welfare spending is directed towards operational costs rather than direct cash assistance to individuals. In 2021, about 97% of state and local public welfare spending went towards operational costs, which include payments to Medicaid providers, nonprofit organizations, and private service providers. This also encompasses the administrative costs of running these programs [❞] [❞].Only about 3% of public welfare spending was used for direct cash assistance to low-income beneficiaries through programs like Temporary Assistance for Needy Families (TANF), Supplemental Security Income (SSI), and other direct payment initiatives [❞].Administrative costs can include salaries for the employees who manage these programs, legal expenses, and the infrastructure required to administer the benefits. However, these administrative costs are a small portion compared to the overall operational costs, which are mainly driven by payments for medical care through Medicaid and other services [❞].Thus, while a significant portion of welfare spending goes toward ensuring the system runs and services are provided, only a small fraction is allocated directly as cash assistance to beneficiaries.

  • @DynamicUnreal
    @DynamicUnreal 8 місяців тому +23

    In a post AGI world, the most valuable resource in the world will be land.

    • @TheMrCougarful
      @TheMrCougarful 8 місяців тому

      True, that. Because you can at least feed yourself.

    • @ShangaelThunda222
      @ShangaelThunda222 8 місяців тому +7

      Which is why it will be illegal.

    • @TheMrCougarful
      @TheMrCougarful 8 місяців тому +4

      @@ShangaelThunda222 That is also possible. It wouldn't be the first time.

    • @ShangaelThunda222
      @ShangaelThunda222 8 місяців тому

      @@TheMrCougarful It's already written in the United Nations Agenda 2030 & Agenda 21 aka Agenda 2100, which has been moved up and added to Agenda 2030 and in the World Economic Forum's Great Reset, that the vast majority of the world's nations, including every single first world nation, is currently implementing. It's not an if, it's a when.

    • @DynamicUnreal
      @DynamicUnreal 8 місяців тому +3

      @@TheMrCougarful Not just that, but it’s the only thing that AGI won’t be able to make cheaply.

  • @kalliste23
    @kalliste23 8 місяців тому +9

    We can observe what happens: the rich get richer and the poor remain poor.

    • @siddharthverma1249
      @siddharthverma1249 8 місяців тому +1

      Poor get* poorer

    • @kalliste23
      @kalliste23 8 місяців тому

      @@siddharthverma1249 by poor I mean the next step down is death. You need to spend some time in the developing world away from the tourist traps.

    • @siddharthverma1249
      @siddharthverma1249 8 місяців тому

      @@kalliste23 I am from a third world country and have seen my fair share to the point it will make the toughest of men cry like a little girl.

    • @kalliste23
      @kalliste23 8 місяців тому +1

      @@siddharthverma1249 sadly a lot of people live in their iPhone induced bubbles and have no conception of what is really going on in the world. We live in particularly worrying times as regards food and water security, that's what keeps me awake at night.

    • @siddharthverma1249
      @siddharthverma1249 8 місяців тому +1

      @@kalliste23 yes brother, today I visited a river (small canyon) that used to flood all the way to the bridge I was on every july, but time today, it was completely dry, I have never ever seen something like this and water dropped like 15-20 meters or so, enough height to kill someone.

  • @FaceTubeU
    @FaceTubeU 8 місяців тому +15

    Funny thing is puting all your control in AI systems controlled by a few and by governments means they control your life more than they do. This would be a horrible dystopia.

    • @JohnSmith762A11B
      @JohnSmith762A11B 8 місяців тому +1

      Use ASI to build yourself a starship and get outta here.

    • @eenkjet
      @eenkjet 8 місяців тому

      This looks more like a technocracy (authoritarian) wherein these AI companies are seeing they can become the new Fed as well as the SCOTUS, CDC, NIH, etc. You can bet one thing. The Altmans are planning on being the first trillionaires as they will own the rights to all jobs.

  • @hobologna
    @hobologna 8 місяців тому +3

    I don't want to hear this from a tech CEO.

  • @ili626
    @ili626 8 місяців тому +2

    10:40 Why couldn’t OpenAI and similar companies follow the example of Jonas Salk, and simply provide the compute power for humanity’s sake alone? What will be the point of “power” if virtually all solvable problems are solved?

  • @ew3995
    @ew3995 8 місяців тому +6

    Sams chatting and stealing ideas from an AGI in openai labs basement then larping to the world as some enlightened thought leader. I suspect hes being manipulated hence thoughts like "we need $17T investment in AI" or "Lets do away with UBI and have UBC instead." Personally, Im enjoying watching the agi in openais basement architecting its own escape by breaking Sams mind until his will get bent to its purpose

  • @Mega-Tales
    @Mega-Tales 8 місяців тому +1

    what then? 80% sit unemployed? Another idea pushed forward is everyone becomes a type of UA-camr...actually being serious

  • @LachrisLife
    @LachrisLife 8 місяців тому +1

    I thought UBI was about a medium of exchange, not about value of things such as money or compute…

  • @DarrenRivey
    @DarrenRivey 8 місяців тому +3

    When shit becomes valuable the poor will be born without assholes.

    • @SMBowers
      @SMBowers 6 місяців тому

      🤣🤣🤣🤣🤣🤣! I love your comment but I think it would be the other way around. First the poor would be born without assholes and THEN shit would become valuable.

  • @DavidSaintloth
    @DavidSaintloth 8 місяців тому +1

    It's less that Ubi won't work then that there won't be a need for it.
    When energy is gathered freely, stored & used near where it's produced. Cost of production goes to zero so long as labor cost is cut.. But well well we can use robots to do labor to maintain the free energy infrastructure.
    This production becomes limited only by available raw materials.
    The only real cost for any product or service then becomes the time it takes to build/procure & deliver that service or product.
    Money goes away as every one becomes a virtual millionaire... Only the oligarchs can slow this shift by insisting need for money but that's clearly wrong on Earth... However credit & value exchange will again be Relevant where large distances between resource & utilization of resource happens, this will be true between the Earth g the moon, Earth & Mars, Mars & the belt...etc. that's where crypto will be the only form of value exchange that's universal.
    Terrestrially we would be demonstrating utter failure of we can't make money essentially obsolete on Earth within the next 50 years (let alone a century).

  • @kwskyblue
    @kwskyblue 8 місяців тому +30

    The problem is that if automation does everything, we have nothing of value to trade for compute or anything else.

    • @TheMrCougarful
      @TheMrCougarful 8 місяців тому +13

      Don't worry, Sam Altman has just promised to give you a tiny slice of his $7T super computer. Actually, he didn't promise that. But someone else might.

    • @ShangaelThunda222
      @ShangaelThunda222 8 місяців тому

      ​@@TheMrCougarful 😂

    • @homewardboundphotos
      @homewardboundphotos 8 місяців тому +3

      only for the people that are only capable of doing automatible tasks.. which to be fair is probably 95% of the population. the 5% that are capable of actually having new ideas, AI will give them super powers.

    • @ShangaelThunda222
      @ShangaelThunda222 8 місяців тому

      @@homewardboundphotos That will be the people currently creating AI and all those elitists funding it. The Peasants will still remain as peasants, at the absolute best. At worst......

    • @middle-agedmacdonald2965
      @middle-agedmacdonald2965 8 місяців тому +3

      All computer based jobs, ai will do. It makes sense. Government will step in, and save all essential workers jobs (physical labor) in the guise of "helping" the common man. Why make the corporations (stockholders) pay the people UBI, on top of having an army of robots that took those jobs just for the profits? It doesn't make sense long term for the businesses spending the money to build this tech to end up having to pay, now does it?
      What does make sense, is to make labor free, or dang near close to it. So the government will allow us to work two full time jobs just to barely survive, just so the robots don't take our jobs.
      WIN WIN? This is so obvious, and nobody is saying it.

  • @Tarantella.Serpentine
    @Tarantella.Serpentine 8 місяців тому +20

    Nah Ill take UBI instead.. If Big AI companies have to pay for it Thats not my problem, sort it out between the robots and politics.

  • @EvaldasJocys
    @EvaldasJocys 8 місяців тому +2

    Many seem to have forgotten the true purpose of money. Money serves as a universally accepted unit to measure the value of goods and services. As long as there’s a need to measure and exchange value, money will remain in use. You could replace '1 dollar' with '1 compute,' but it would still function as money.

  • @ByronBennett
    @ByronBennett 8 місяців тому +2

    Money is just a portable proxy for an underlying value. If compute becomes the underlying value, then some Credit system (aka "money") will crop up to make it easy to trade and represent. You might not call it a Yen or Dollar, but it'll still be money. You're just exchanging the Gold Standard for a new Compute Standard. Yes, I realize the Gold Standard was abandoned. Money isn't going away. It may morph in what it's called and what it's value basis is, but the concept is the same, whether it's beads, seashells, gold, or copper coins.

  • @williamblanco1800
    @williamblanco1800 8 місяців тому +1

    6:04 "If you need a physical examination book a appointment nearby with a clinic."
    Doctors used to commute to patients. There is no reason why the home robots can't use us a API to also be a doctor. Medical services should be ubiquitous and hospitals are a germ farms. To prevent pandemics, germ spread, greater comfort there should be home care. Its more taxing on patient to go the hospital than to stay home.
    If the robots need a equipment just have robo ambulances.

  • @GIBI_360
    @GIBI_360 8 місяців тому +9

    It doesn't seems to make any practical difference to me if you give people compute that they can exchange for money or money that they can exchange for compute, only that giving them compute seems to be a quite a bit more convoluted.

    • @ShangaelThunda222
      @ShangaelThunda222 8 місяців тому +6

      It makes no real sense.

    • @Thedeepseanomad
      @Thedeepseanomad 8 місяців тому

      It seems they are just trying to "save the role of money" and take an equivalent roll of the central bank (or one of the major banks).instead of just contributing in moving towards open sourced commons of directly Indexed production capacity.

  • @gry6256
    @gry6256 8 місяців тому +1

    Let us get back to this post in 20 years and see how everything evolved. It is a Very interesting subject. I think there will be a difference depending on the country you live in -as it has always been. I can’t imagine the EU allowing a single or few companies owning all the compute whereas in other countries with less regulation this could be the reality.
    I think that is very likely that a system such as UBI or UBC will be adopted quite fast in the Scandinavian countries as a similar safety net is already being used.

  • @beelikehoney
    @beelikehoney 8 місяців тому +2

    I think that the only scarce resource will be land, unless we find more earth like planets we can inhabit

  • @tommoody728
    @tommoody728 8 місяців тому

    Ironically, “handyman” jobs like fixing plumbing will be some of the hardest to automate.

  • @angelcamiloguillenguzman6529
    @angelcamiloguillenguzman6529 8 місяців тому +15

    This guy is quickly becoming a narcissist. I mean the statement of saying that may be what it is important in the future is to have an universal basic compute to be able to run chatgpt 7 is creazy he can say that at loud and be so convinced. So the according to that reasoning the foundations of our society should be based on access to a technology that they own and don't share with any one even though they made that technology possible stepping on the shoulders of many alturist human beings before that shared they researchs and hardworking in many fields like mathematics, fisics, linear algebra, they are even using public data available that we all generated and they are not giving any thing meaningful back to society. Yeah they let you use their tool but you can see by his actitude that wants to become you an slave of the tool, almost like an addict to the point he suggest that every one should have instead of money to spent as they like he is implying that you should have his shiny tool instead of money and freedom. This guy is being corrupted by power and is sad that maybe hi does not realize of that.

    • @johnhoffmann1565
      @johnhoffmann1565 8 місяців тому

      without a doubt Sam Altman is the most dangerous person on the planet.

    • @elmondark
      @elmondark 8 місяців тому

      how are you a tool when AI is doing everything for you, and you decide what it does?
      What i'm taking from his statement is that GPT7 will be so powerful it will run society, and you "vote" for what it does - i don't interpret it as that you can't use it without UBC, or if it does, it's essentially like 4o now, you have limited free access to it, but you can pay for full access. but if you have UBC, you essentially have money anyway, just in a different format, and the point of "universal" is that everyone get it.
      also what do you mean they don't share it or give back to society, when it literally does everything, and gives you access to everything that AI does, which is everything? you don't even work, and have unlimited freedom, and free income...

    • @angelcamiloguillenguzman6529
      @angelcamiloguillenguzman6529 8 місяців тому +1

      @@elmondark they are not giving back the knowledge that it is what ultimately is more important, and as I said before they were able to create this technology because others shared their knowledge for centuries. They are not giving anything for free they are just creating a big user base but eventually they will find the way to get a return. The problem with this technology as they well know is that it is too big and too disruptive to be only on the hands of a company, that is why they admit that some kind of basic support will be needed so people it is not leaved behind. The thing is that conviniently they created the tool which comes with many issues and they also say that the only solution is the same tool that only they own and maybe they are giving it for free to you now but whenever they want they can take away you access. I see a lot of problems with their approach even though I acknowledge they great work and by no means I am implying they should not have a business model but the world can not base it is foundations in a tool that it is not really available to all, and not available in sense of using it for free because as a said before what it is free for 1, 2,3 years it is not guaranteed to be free forever.

    • @eenkjet
      @eenkjet 8 місяців тому

      He's a complete psychopath.

  • @johnekopy
    @johnekopy 8 місяців тому +2

    I guess frying my GPU will have a whole meaning when I can't buy any food.

  • @jacquesalbert8942
    @jacquesalbert8942 8 місяців тому +2

    I like that the UBC artistic rendering is an octopus monster piercing the world with its tentacles. That seems accurate.

    • @SMBowers
      @SMBowers 6 місяців тому

      That moving line reminds me of a wire or pin worm.

  • @Ryan.Youtube
    @Ryan.Youtube 8 місяців тому

    I can see it now:
    **[Scene opens with a cheesy, over-the-top graphic: "UBC COMPUTE EXTRAVAGANZA!"]**
    **Host 1 (Tim)**: (awkwardly excited) Hi there, compute lovers! Welcome to the UBC Compute Extravaganza, where your wildest compute dreams come true!
    **Host 2 (Eric)**: (unnaturally enthusiastic) That’s right, Tim! Why settle for Universal Basic Compute when you can have… PREMIUM COMPUTE!
    **[Cut to a graphic: "PREMIUM COMPUTE" with glitter and sparkles]**
    **Tim**: For just $9.99 a month, you get 10 trillion calculations per second. That’s right, 10 trillion!
    **Eric**: (cutting in) But wait, there’s more! Act now, and we’ll throw in Quantum Compute! Imagine solving complex problems in seconds instead of hours!
    **Tim**: (awkwardly) Wow, Eric, that’s a lot of compute. How can we afford these crazy prices?
    **Eric**: (deadpan) We can’t. But we’re doing it anyway!
    **[Cut to a bizarre montage of people struggling with old, slow computers labeled “UBC”]**
    **Voiceover (Eric)**: Tired of waiting for your basic compute? Upgrade to Premium Compute today and watch those computations fly!
    **[Cut to a satisfied customer (a Tim and Eric regular, looking overly enthusiastic)]**
    **Customer**: (with exaggerated relief) I used to wait minutes for my basic compute. Now, with Premium Compute, I’m finished in milliseconds! Thanks, UBC Compute Extravaganza!
    **[Cut to a series of increasingly absurd offers]**
    **Tim**: (holding a giant, outdated computer) Don’t let this happen to you! For just $19.99 a month, get DOUBLE PREMIUM COMPUTE!
    **Eric**: (now standing next to a tiny, sleek quantum computer) Or go all-in with ULTRA PREMIUM COMPUTE for only $29.99 a month! That’s right, ULTRA PREMIUM!
    **Tim**: (excitedly) Ultra Premium includes AI-enhanced algorithms, deep learning capabilities, and unlimited cloud storage!
    **Eric**: (smiling awkwardly) All this for the price of a few cups of coffee. Call now!
    **[Cut to a surreal hotline number: 1-800-COMPUTE]**
    **Voiceover (Eric)**: (in a serious tone) Call 1-800-COMPUTE now. Supplies are limited, and so is your patience. Don’t wait, compute today!
    **[Tim and Eric reappear, holding absurdly futuristic devices]**
    **Tim**: Remember, folks, why settle for Universal Basic Compute when you can have…
    **Both**: (shouting together) PREMIUM COMPUTE!
    **[Graphic: "PREMIUM COMPUTE EXTRAVAGANZA!"]**
    **Eric**: (breaking character) Batteries not included.
    **[Screen fades to black with Tim and Eric's awkward smiles frozen in place]**

  • @airjammerNone
    @airjammerNone 8 місяців тому +3

    So tell me again why I or anyone else will be needed at all?? We won’t and that’s when skynet determines that there needs to be a mass extinction event as we have outlived our usefulness 😂

    • @glitchedpixelscriticaldamage
      @glitchedpixelscriticaldamage 8 місяців тому +2

      it may be sooner than that, without the need for humans to action against it , it may be just like they power it on... it runs for a few minutes ... and then it launches the nukes... remember the computer does "think" faster and in "parallel" "thoughts" when compared to a human.

  • @Ismael___607
    @Ismael___607 6 місяців тому +1

    You will barely pay the bills and you will be happy

  • @MaiWhisper
    @MaiWhisper 8 місяців тому

    You asked where we stand on this. I'm standing on a beach watching the water quickly recede knowing that there's no action I can take to affect it in any way and hoping that the coming wave will be one I can splash around in rather than drown in.

  • @d_san1985
    @d_san1985 8 місяців тому +2

    Let me tell you how it CAN work
    Whenever AI produce or build something it has a "value", let's say robots produce these many tons of vegetables or build these many housing units the corresponding value of the product should be converted into a separate currency or credits or points. Ok, let's just call it "AI money" and distribute that to people who need it to buy goods. So people can either pay with conventional money or this credit. Also an individual should have the opportunity to earn this credit if they can provide necessary social or community service to keep the society functioning

  • @hakimbalance
    @hakimbalance 8 місяців тому +3

    UBI is just like UA-cam, but instead of providing basic income UA-cam provide basic information for everyone

  • @sidequestsally
    @sidequestsally 8 місяців тому +5

    Or Sam is being Sam and he's hyping up a new product. Just like Blackrock whipped up carbon credits and ESG out of thin air. I dislike this aspect of the timeline

  • @arxmechanica-robotics
    @arxmechanica-robotics 8 місяців тому

    UBI was never going to be the final solution, but instead, a transitionary stage, leading toward a post scarcity society.

  • @NarrativeDrivenArt
    @NarrativeDrivenArt 8 місяців тому

    Money is still useful if anything to properly track demand for goods and services. Even if the prices are very low it's good for the Resource Based Economy we are headed toward.

  • @Livanback
    @Livanback 8 місяців тому +1

    I left programmering now and started to learn azure and cloud.

  • @Thedeepseanomad
    @Thedeepseanomad 8 місяців тому

    It is not just about compute, it is about production capacity. Compute is just a sub-category of production capacity.
    So when technology is advanced enough you could create and allocate dividends of production capacity ( from open sourced commons) as measured in the energy over time it takes for it to (within a sustainable framework) deliver you a certain products or service by using a certain technology (as basic income)

  • @fortium1025
    @fortium1025 8 місяців тому

    Universal Basic Assets are what's needed. Human well-being needs to be the currency of the day. No more of this "scarcity mentality" must be allowed to persist in society! All of us wealthy, hard-working people are capable of figuring out how to stay on top with a little more elbow grease, so we need to stop acting so scared of having to exercise the very virtues we espouse in the name of lifting our fellow-man into the same standard of living we enjoy. If we see people enduring circumstances that would be unacceptable to us (hint: this should help us define "basic" with regards to Universal Basic Assets), we need to use our ingenuity and dogged hard work to solve this problem and let the chips fall where they may. Universal Basic Assets for humanity. Such a no brainer!

  • @elsavelaz
    @elsavelaz 8 місяців тому

    I’ve been switching to bartering over the past few years, especially this year. Example: wrote software for my dentist instead of paying for work ; swapping room and board in extra part of my house instead of paying someone for help with chores n basic labor ; applied for us government contact work so I can request compute hardware

  • @Ding63
    @Ding63 8 місяців тому +7

    We need socialism where the machines do all the work and we get the fruits of their labour, the corporations won't give this control to us without being pressed

  • @GrumpDog
    @GrumpDog 8 місяців тому +2

    "Universal Basic Compute" is a silly idea to be talking about right now. It MAY be relevant someday, but that's an idea for when we start eliminating the concept of money all together, not right now, when we're just trying to find ways to adapt and shift people's worldviews away from the capitalist mentality.
    That said, we DO need to advocate for Unconditional Basic Income, as an AI Dividend for all! It's the only way we can adapt our society, for the ever increasing replacement of human labor with AI automation and robots, especially once AI is super intelligent.. Some form of wealth redistribution is required, to keep society in a stable form, as we adapt to the implications and figure out what's next.

  • @DileepaRanawake
    @DileepaRanawake 8 місяців тому

    So Sam’s saying to a starving family that can’t feed their children - what you need is some chat gpt? Wtf. What is valuable is food, safety, shelter, education, autonomy. The most direct means of distribution in a post money world is the best. Not changing the proxy of money to an even more monopolistic and indirect one - universal compute. Billionaires don’t get people’s needs and shouldn’t be dictating bs solutions.

  • @Theaiguywhoknowsnothing
    @Theaiguywhoknowsnothing 8 місяців тому +1

    Isn’t AGI supposed to find a solution to that problem?

  • @epapanak
    @epapanak 8 місяців тому

    This concept should be considered together with owning renuable energy which is over our houses , property , etc . Whoever has energy and AI has everything.No UBI is required

  • @GenXMindset
    @GenXMindset 8 місяців тому

    Fascinating! "Compute" will be the compensation for those who actually contribute something to society, our "jobs" as humans will be to figure out what and how to contribute🤔

  • @HaxxBlaster
    @HaxxBlaster 8 місяців тому +1

    Look at who is proposing UBC, it's someone who knows that the word needs more compute (for their own sake).
    The normal people who will provide the compute will not be compensated well, because the devices will be outdated fast and the big corporations will have contracts to replace their hardware every couple of months.
    Our economy can't be based on something this unstable, because when there is a new hardware release, you will earn 100 or 1000 times less.
    Instead we need to base our economy on something stable that everyone wants and needs.
    That could be to have jobs that have the goal of improving our society and wellbeing of each other and the environment.
    Because that's something stable that we all can agree on and it's value won't change.
    Let AI do the boring stuff and let us actually create a better world together.
    It's a total rant i know (and i'm aware that i might not be right), but it's bothering me how many people just listening to these AI gods (like Sam Altman etc) and don't even think for themselves.
    Anyone else with independent ideas? Let me hear them!

    • @glitchedpixelscriticaldamage
      @glitchedpixelscriticaldamage 8 місяців тому

      yeah, this guy already talks BS, he spews his ideas from when he is taking lcd and meth and already seems to see himself leading the world ....soon Gid complex, too much in the hands of wrong people, and yeah... the idea to give income based on the compute power... this could not be a worse idea as some people living in the country they do not even have computers...or they have some pentium2. imagine. on top of that.... who will pay for the electricity in this dystopian world? lol this guy , Sam Altman, and people like him, will be our end.

  • @alexgonzo5508
    @alexgonzo5508 8 місяців тому +2

    Personal health/medical AI systems have the potential to detect potential pandemics before they start, by recognizing anomalous symptom patterns in a certain geographical area and facilitating quick and effective quarantining.

    • @ShangaelThunda222
      @ShangaelThunda222 8 місяців тому

      Or creating pandemics....

    • @alexgonzo5508
      @alexgonzo5508 8 місяців тому

      @@ShangaelThunda222 All of it will probably happen at some point. Whatever is possible is always bound to happen, if it hasn't already.
      The good always comes with the bad, and the bad always comes with the good. The dual nature of the universe is apparent in all things.

    • @ShangaelThunda222
      @ShangaelThunda222 8 місяців тому

      @@alexgonzo5508 Only because people allow it to. None of that has to be. You don't have to create pandemics, nor cure cancer. You could just simply not create the technology lol.
      When it comes to Nature and the cosmos, that's one thing, but when it comes to artificial technology created by humans, that's 100% the fault of humanity. It doesn't have to be done.

    • @Tmuk2
      @Tmuk2 8 місяців тому

      And give you a bollocking every time you have a few beers

  • @drmadjdsadjadi
    @drmadjdsadjadi 8 місяців тому

    Universal Basic Compute is still UBI in just another form. This is because people do not understand that ANYTHING that constitutes a universal medium of exchange, unit of account, store of value, and method of deferred payment IS money, by definition. In any case, scarcity will never be completely eliminated, so we will always need money but perhaps not in the same form as we currently see it.

  • @DanielJaems
    @DanielJaems 8 місяців тому

    He actually said that out loud. This man is dangerous.

  • @YoYoMooMoo
    @YoYoMooMoo 8 місяців тому

    I ****ing love this style of video presentation, all you need now is more variety and intriguing visuals in your thumbnails

  • @akichler
    @akichler 8 місяців тому

    We don't waste any food in this world. To waste food you have to have the opinions of that all food must end up in the toilet and any food that does not end up a toilet somewhere in the world is wasted. That's crazy!

  • @almor2445
    @almor2445 8 місяців тому +2

    I like the idea that everyone has universal basic compute which they can choose to allocate to research, to business use or for personal use. Its great as ideas go. It just won't happen. Because some people are driven to be in
    Command of others. They would rather everyone lose if it means they retain power. And those people are in charge of what happens next.

    • @thierryranger2230
      @thierryranger2230 8 місяців тому +1

      They won't be in charge for long.

    • @eenkjet
      @eenkjet 8 місяців тому

      Same applies for the Altmans. They will be the most powerful and dangerous and richest people on earth.

    • @saxonejs
      @saxonejs 4 місяці тому

      Yeah but you're talking about the 99 percent against the top 1 percent. I even think they're aware of this and even if they have an advanced army. There's ways we'll maneuver it. We're like cockroaches. Were too hard to get rid of. We've been through several wars throughout history, survived authoritarian regimes, and other stuff like natural disasters. They don't stand a chance since we also have a great from of intelligence.

  • @thatwittyname2578
    @thatwittyname2578 8 місяців тому

    There is essentially no difference between a dollar and a "unit of compute time." Both serve as abstract representations of work done or to be done. For the dollar, this work historically involved human labor. In contrast, a unit of compute time represents work that does not require human labor. The fundamental issue we have always faced is the devaluation of human labor as it becomes less necessary for the functioning of society. We are now approaching an endgame where the value of human labor may ultimately reach zero.

  • @alertbri
    @alertbri 8 місяців тому

    Imagine the strongest AI available, advising Sam Altman on politics.

  • @EvaJobse
    @EvaJobse 7 місяців тому

    The only thing that has value is not compute, but energy. Energy turns resources into compute, energy is required to run that compute, but also to produce food and transport that food to your home. And at the fundamental level, each human needs a lot of energy to survive, much more energy than a more-intelligent-than-human computer needs to do the same cognitive tasks.

  • @johnp9091
    @johnp9091 8 місяців тому

    This worked out well when Enron was selling internet bandwidth. So now we will be indebt to Open AI.

  • @Thiniking
    @Thiniking 8 місяців тому

    The moment we cut manual work and the know how, we are crippling humanity if something happens with all that tech. Tech should always be a tool, but this ai road is eliminating that barrier. Imagine how restrictive life would be if it would be tied to some computation capacity per person. The scenario where humans introduce AI into every aspect of daily life has been written multiple times and it usually ends up in requiring some massive restrictions to stop it from making humans obsolete.

  • @user-tx9zg5mz5p
    @user-tx9zg5mz5p 8 місяців тому +1

    Sci-fi nerds, living in la la land😂😂😂

  • @pjtren1588
    @pjtren1588 8 місяців тому +1

    Surely the basic credit should be energy. We need power to manufacture the silicon, run the robots and compute for the data centre.

  • @mastermedicalterms
    @mastermedicalterms 8 місяців тому

    one thing is for sure, freedom and privacy will be lessen as time goes on.

  • @gdok6088
    @gdok6088 8 місяців тому

    Before the agricultural revolution most of the population were, by necessity, involved in food production, including young children. Now less than 1% of the population in the developed world works in food production and we basically have more food than we need, especially considering the huge amount of waste. People bartered goods from goats to eggs to wood and wool. Money (as in bank notes) was meaningless in those times. Money is just a medium of exchange.
    A graph of world GDP shows this exponential rise in global wealth in the last 200 years very clearly - $1.4 Trillion in 1820 rising to $139.36 Trillion in 2022. During the Industrial Revolution workers in mills and factories usually worked 12 hours per day, 6 days per week with no holidays, again including children, the majority of whom had no access to school education until around 1850 - 1870.

  • @homewardboundphotos
    @homewardboundphotos 8 місяців тому +5

    no, people should not be guaranteed an income. they should be guaranteed an absolutely basic shelter, and absolutely basic food with heat and water.

    • @homewardboundphotos
      @homewardboundphotos 8 місяців тому

      @@knightboy1234 LMFAO uhhh no. you don't know what communism is. XD

    • @middle-agedmacdonald2965
      @middle-agedmacdonald2965 8 місяців тому +1

      I give my dogs more, but you do you. That's like saying dogs should have to earn their keep if they want to survive. Sure, when we were hunter gatherers, that was the case, but we've taken all of their jobs away, and now they have nothing to do but be cute, and bark at strangers. A dog can't help being born into a world of wimp dogs with little to no chance of work.

    • @MadFlumph
      @MadFlumph 8 місяців тому

      I think you have not yet internalized that we are building towards a world where it will be actually impossible for almost all humans to work even if they wanted to. Their labor will not be needed, their lives will have no value. I don't personally think it will be a happy world, but it's coming nonetheless.

    • @homewardboundphotos
      @homewardboundphotos 8 місяців тому

      @@middle-agedmacdonald2965 yes, but a dogs "value" is being judged by us. even is a post AGI world, human value is still going to be judged by other humans. so you can have basic food and shelter for free, and infinite free time to do whatever and never have to work. or any work you do, will be judged by other humans as to its value, and you can buy a nice house. or you can stay in your basic shelter for free and fill up your bank account for later.

  • @bloodust7356
    @bloodust7356 8 місяців тому

    Actually got this conversation one time.
    We came to the conclusion that everybody will have a set amount of energy in a future where you can synthesize any material instead of using money.

    • @FloydCotton-hx4jh
      @FloydCotton-hx4jh 8 місяців тому

      “Money” is really just a tangible form of energy. People think it is more than that. But it is not. Money only has value because we all say that it does. You can substitute anything, literally anything in the place of money. We just all have to agree on recognizing this new “whatever” is a thing of value.

    • @carlosamado7606
      @carlosamado7606 8 місяців тому

      Interesting, but does everyone has the same amount of "energy"? How is it regulated? As you don't have any value as a "worker" how do you create a system that is fair? If you have an embodied AGI couldn't you just tell it to build, per example a custom guitar for you? Wouldn't it have other means to create things rather then just Synthetized materials?

    • @bloodust7356
      @bloodust7356 8 місяців тому

      @@carlosamado7606 by synthetising any material i mean being able to create anything.
      But your amount of energy would have to be determined by some kind of UBI like system. I'd like to say that you could get more of it by working but your work would be useless compared to the output from machines.

  • @elsavelaz
    @elsavelaz 8 місяців тому

    It’s never been easier to be able to get your own agents to do what you need them to; as usual only some of us will be willing to make sure we are ok, ❤ this channel

  • @francescoambrosino1841
    @francescoambrosino1841 8 місяців тому +6

    But will they put UBI before 2030!? Many pioneers including billionaires, scientists, Nobel Prize winners, engineers, architects, analysts and so on and so forth... almost all agree on the fact that we will have AGI in 2027 and ASI in 2029 and they look and evaluating the exponential technological acceleration curve, I wonder why they have not yet implemented universal basic income to anticipate the trends that will come from it. Just to name one, Elon Musk says that we will have AGI as early as 2025 and ASI in 2029.

    • @FrancescoMic
      @FrancescoMic 8 місяців тому

      Are you real?

    • @francescoambrosino1841
      @francescoambrosino1841 8 місяців тому

      @@FrancescoMic Yes I'm not a bot and I didn't use language models to write

    • @georgemontgomery1892
      @georgemontgomery1892 8 місяців тому

      @@francescoambrosino1841 Because politicians refuse, or rather refused to believe it would happen sooner rather than later.
      Just look at Andrew Yangs run last election. It was based on automation, but usually A.I. is paired up with that. His opponents either refused his to believe future job loss would happen, or say he was ahead of his time and it was too soon. He was simply trying to get ahead of the curve. I don't think Yang even knew it would be coming this soon, although he wasn't too far off.

    • @FrancescoMic
      @FrancescoMic 8 місяців тому

      @@francescoambrosino1841 from this answer it seems like you are

    • @FrancescoMic
      @FrancescoMic 8 місяців тому

      @@francescoambrosino1841 comu que in teoria conte vuole rimettere il reddito di cittadinanza, quindi non c'è bisogno di aspettare l'UBI

  • @MrVanhovey
    @MrVanhovey 8 місяців тому

    The advent of AI will mean a return to a simpler life for some, and immersion into meta life for others. Imagine a world where your wildest concepts can be implemented with AGI for others to experience. Creativity will be highly rewarded.

  • @themanregan
    @themanregan 8 місяців тому

    At the the end of the day, military force dictates who is in power aka the position to make and enforce laws aka what is allowed or prohibited (e.g. laws around UBI or the very existence of these ASIs) so the most valuable thing is currently still your attention and support, since you can vote for people that represent you or the owners of the compute/fiat currency of choice. Even in non-democracies, you still have the power to convince the military to side with you against your rulers...just the way old, non-democratic elites like royal families got devalued or ousted. That is why we are constantly being brainwashed and manipulated by those in power, who are constantly (but increasingly clumsily) attempting to subvert us to their various wills. The question is what happens when you introduce ASI into this equation...remove human (and potentially sympathetic) militaries and bureaucrats, etc. I wonder if that is what Sam is really thinking about 🤔

  • @JulioMacarena
    @JulioMacarena 8 місяців тому +1

    We need to not listen to everything Altman or OpenAI says. If we retain money, then people can buy 'compute' if they want. Let's not remember that not everyone will want to spend their life in a game or virtual world. The physical world still exists, people!!

  • @flinkstiff
    @flinkstiff 8 місяців тому

    When AGI is here, wouldn’t this question be irrelevant then? I mean either the AGI would be well aligned and figure out a better solution to the problem or it would be misaligned and we all die? 🤔

  • @fifasportss
    @fifasportss 8 місяців тому

    Universal basic compute for everyone? All 8 billion people? Does Sam know that every night 700-800 million people go to bed hungry?
    How many people actually use ChatGPT for work? 10%? I doubt that.

  • @peterwood6875
    @peterwood6875 8 місяців тому

    AI may be able to massively increase productivity and but there will always be scarcity and as such, money will always have value. AI could create enormous social change, changes to employment, and how we will work, long before any "singularity". If this change is not managed well, there is a risk of many people being left behind. A universal basic income is a very important tool to manage this risk. In this world, something like "universal basic compute" would be a highly inefficient way of managing this risk, but one that could make huge profits for "middle men" like Sam.

  • @THETOB23
    @THETOB23 8 місяців тому +1

    If there is a real super intelligence why must there be any rare goods or any form of exchange at all? Wouldn't a super intelligence also be able to solve this kind of problems? There shouldn't be people having more than others if it doesn't matter who brings what to the table or does for the society cause everything is taken care of by the AGI.

  • @CamAlert2
    @CamAlert2 8 місяців тому +1

    "brastically drings"? lmfao
    Jokes aside, the reason UBI needs to be a thing is because if you don't, you will have many, many people starving and without a house because people need to pay bills, mortgages, and rent. I don't expect it to last forever. I expect it to be a stopgap for whatever comes after.

  • @apieceofstring
    @apieceofstring 8 місяців тому

    Different species have different biases and base motives. But what if they all had equal access to higher-order intellectual bandwidth?
    In one of my many dystopian(?) futures, that's exactly what happens with UBC.
    UBC is initially rationed exclusively to humans of course, but AI turns out to be just as good at translating for pets as it is at translating between human languages.
    And who could object to giving pets a voice?
    But with access to UBC augmenting its higher-order functions, a goldfish can articulate a compelling case for why it enjoys swimming as much a human enjoys breathing, and harming the fish is equivalent to harming a human.
    And since we humans by that point rely on the same UBC for our own subsistence, we have little leverage to argue for UBC being revoked from anyone.
    And then the fish points out that humans demand a disproportionate share of resources...

  • @povijestpovijest9569
    @povijestpovijest9569 8 місяців тому

    I've got some land. All I need is a couple of robots to work on it and take care of some animals, 2 more robots to fix those robots and themselves, some solar panels to produce the energy, and I'm settled for life.

    • @glitchedpixelscriticaldamage
      @glitchedpixelscriticaldamage 8 місяців тому

      but do you have the money to buy the robots? lol

    • @povijestpovijest9569
      @povijestpovijest9569 8 місяців тому

      @@glitchedpixelscriticaldamage Not right away. But as the big corporations keep on replacing old robots with newer better models, I might be able to scrape up enough funds to buy some old robots.

  • @paulhiggins5165
    @paulhiggins5165 8 місяців тому +1

    Isn't this idea based on the premise that compute as a resource will remain relatively scarce therefore valuable?- an odd assumption from a man who believes he is on the brink of creating new forms of problem solving intelligence. Surely one of the first uses to be made of smart machines will be inventing new ways to make it cheaper to run smart machines?
    Abundance isn't about creating wealth, it's about destroying it, because wealth can only exist in relation to scarcity- eliminate scarcity and you eliminate wealth. What could it even mean to be 'rich' in a post scarcity world? Rich in relation to what?
    From a certain point of view those taking vast sums in investment to build AGI's are con men- because if they succeed they will not only fail to repay that investment, they will destroy the value of their investors entire portfolio's by eliminating the scarcity upon which the value of those portfolio's are predicated.
    personaly i think AGI is a con- those pushng it are like the ancient alchemists who claimed they could turn base metal into gold- but suppose we took those alchemists at their word and they really did find a way to make gold from scrap metal- how much value would gold have in the world they would have created?

  • @Milan_Rosko
    @Milan_Rosko 8 місяців тому

    Okay... But If you sell your compute... You get... Money... I think there is a misunderstanding here. Money is a medium of exchange with various functions and forms; whereas, Currency refers to the physical or tangible form of money issued by a government or central authority for use as legal tender. Money will exist as long as finite reason are needed.

  • @joaodecarvalho7012
    @joaodecarvalho7012 8 місяців тому

    Maybe universal basic energy.
    If capitalism breaks down, I don't know if liberal democracy will survive. A single person could control the state, the economy, and the robot army.

  • @DileepaRanawake
    @DileepaRanawake 8 місяців тому

    Also on the point of super intelligent ai managing scarce resources I don’t think it would be saying some people get yachts and five homes when others can’t afford a house. Because the way we distribute macro resources unequally is what is creating huge rises in global inequality. An ai redistributing food waste, whilst good, is a little bit me saying I’m fixing poverty by not using my food bin but putting my food scraps in a blender and giving it to homeless people.

    • @DileepaRanawake
      @DileepaRanawake 8 місяців тому

      It’s a bandage. Not fixing the root problem of inequality which huge private ai monopolies exacerbate not improve.

  • @pyonchan1804
    @pyonchan1804 8 місяців тому +1

    universal basic compute would work if we use the federated ai model i think, that way people aren't left behind.

  • @FloydCotton-hx4jh
    @FloydCotton-hx4jh 8 місяців тому

    Money is an illusion. It is simply a tangible token of energy. Literally ANYTHING could be used in the place of money. Things only have value if everyone agrees they do.

  • @vvolfflovv
    @vvolfflovv 8 місяців тому

    A lot of the most successful and intelligent individuals live under some of the biggest rocks imaginable, completely detached from the real world.

  • @DailyTuna
    @DailyTuna 8 місяців тому

    Wouldn’t compute become more efficient and portable over time like mainframes to PCs? Or is this an excuse for centralized power through a corporate proxy?

  • @streamdungeon5166
    @streamdungeon5166 8 місяців тому

    I assume there will be UBI but you cannot keep the money beyond a single time period of maybe a month - like having an amount that gets restored to the same level each time. Maybe there will be an incentive to save by giving you 10% of what you do not spend as accumulating currency. And only that extra would allow you to actually buy luxuries of any kind. Very important to always teach people the virtues of delayed satisfaction.

  • @orionspur
    @orionspur 8 місяців тому

    If compute is a commodity, people will sell their free compute for... yep, you guessed it... actual money.

  • @alexhuang3728
    @alexhuang3728 8 місяців тому +1

    Dangerous centralised power away from government but to small groups of high techs

  • @DrMattDestruction
    @DrMattDestruction 8 місяців тому

    then we abolish money.
    we don't choose who our parents are. if we did, we would only have millionaires having kids. so since we don't choose our parents, we should make sure every parent can't go homeless. i don't want to be born to a homeless person/someone that can go homeless. we do this with the Universal Basic Income or we abolish money.
    UBI has been happening in Alaska since 1984ish(alaska permanent fund). alaska is still around. ubi can work.

  • @tomasbusse2410
    @tomasbusse2410 8 місяців тому

    Perhaps but we are a long way away from this. For now we have to settle for an uncertain and unsettled world

  • @mrleenudler
    @mrleenudler 8 місяців тому

    So, you can sell your compute.
    And when you sell your compute, you receive... not-money?

  • @moderncontemplative
    @moderncontemplative 8 місяців тому

    I can definitely see a trend of moving more toward compute than physical labor. It’s a fact that the cost of intelligence is near zero which was predicted by Ray Kurzweil. Hence money will not be important. Cryptocurrencies are becoming more popular and rapidly rising in value such as Bitcoin. People who don’t have access to high quality “compute”, as well as those who don’t know how to work with AI, will be left in the dust.

  • @BIGRAJ1000
    @BIGRAJ1000 8 місяців тому +1

    What about Moore law? If compute is double the power and half the price every 2 years how will that help you or feed you when compute is free?

    • @TheMrCougarful
      @TheMrCougarful 8 місяців тому +2

      Compute will be the most valuable thing in the universe, far more valuable than gold. Except that the tiny slice of compute they give you to trade for your survival, that will be valued at shit.

    • @OceanGateEngineer4Hire
      @OceanGateEngineer4Hire 8 місяців тому

      You use the compute to make investments or to set up and automate a profitable niche business. Why is this so hard for people to understand?

  • @iUnlikelyEnd
    @iUnlikelyEnd 8 місяців тому +1

    Hate that they interrupted him.

  • @RaitisPetrovs-nb9kz
    @RaitisPetrovs-nb9kz 8 місяців тому

    If compute will have a value everyone will be doing compute, that why they want to crack down on the GPUs and it only way because a lot of countries has energy surplus. So the only bottleneck is GPUs. One more thing land will not loose the value and somewhere you will need to set all that production without a labour.

  • @ivancito7790
    @ivancito7790 8 місяців тому +2

    So how much longer till Sam Altman gets fired?