michael-dean-k/

Not UBI, but ABI (attention-based income):

1. AI is not a bubble; the core bottlenecks around any technology is science, energy, and intelligence. Of those 3, intelligence is the most likely to boost science/energy. Meaning exponential AI is something like an acceleration of every other field to their maximum degree. It is not only not a bubble, it is the dead bubble resurrector.
2. People say not to worry about AI job loss (“people have always adapt to new tools!”) but this revolution is different because the invention is not just a tool, but labor itself. Agents will eventually create a supply shock. Sure, new jobs will be created, but they’ll be very specialized around AI research and systems design.
3. Maybe we all lose our jobs, but we also each get access to a 20-100 person digital labor force, probably at very low cost. So while traditional jobs might go away, everyone is suddenly able to be an entrepreneur with a personal labor force at the size of a Series A or Series B funded company.
4. In hindsight, it will seem like Silicon Valley used AI to make their startup culture the prominent culture. The problem is, 99% of startups fail. So even though it will marketed that so many people will be empowered, most might not be able to convert it into financial stability.
5. This means that unemployment could be historically high, and that causes unrest that the ruling class has to deal with. In our case it’s the technocrats, not the politicians in charge.
6. UBI will be shaky to implement. Some countries will have none, some a bit, and a few will give a living wage.
7. Social media companies, will 1) realize attention is the last scarce resource, and 2) populations are rioting, and so a few will start paying users to scroll. It’s a kind of UBI, but conditional on the value you provide on a specific platform.