Submitted by Snipgan t3_zxkm4q in singularity
reviedox t1_j20xgup wrote
I'll be the pessimist - majority of these technologies were made to serve capitalists, not commoners like us.
If some rich corporate invested large amount of capital into automation, it was done to make them money and save on employees. The things you mentioned like cashless society or UBI are negatives for them, so they'll fight tooth and claw against those, which they already do, we couldn't make them pay their fair share of taxes while they bought themselves officials who are mostly old backward boomers who have no idea about this kind of technology nor what to do about it.
Don't get me wrong, this new AI boom is cool as fuck and I feel like we're already in the future people dreamed about decades ago, but I just don't know whether our society is advanced enough to actually utilize it well..
Moderate case scenario - we'll be the trial phase generation that will struggle adapting so that the future one may prosper with it.
imlaggingsobad t1_j22vyvw wrote
you contradict yourself. Why would large corporations lobby against UBI while also replacing their workers? That will just lead to mass unemployment, less aggregate demand, therefore less revenue for the company. The large companies want UBI so that everyone can still purchase goods and the economy still functions. Without an economy these corporations are irrelevant.
reviedox t1_j23mz7g wrote
I don't know how massively unemployed economy would work, but I guess the corporate elite locking themselves into an economical bubble where they only trade with each other and some other remaining employees isn't that crazy.
I just know that UBI itself is also a pretty crazy concept. If you gave every adult in US $30 000 a year you would need 6.27 trillion USD, which is coincidentally the exact value of US government budget for the 2022 and they're already in deficit. And that's only $30 000 a year.
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