If AI takes over jobs eliminating taxpayer money, what will fund the government? How will Sam Altman fix that?
Sam Altman has been a proponent of Universal Basic Income for years, fueled by his belief that AI will eventually eliminate traditional jobs, and he put his money behind it, partially funding the largest US basic income pilot program ever. The findings are now trickling in. How it worked: The program enrolled 3,000 people across Texas and Illinois with an income below $28,000. From November 2020 to October 2023, a third of the participants received $1,000 a month for three years (the rest received $50 a month for three years). For those who got $1,000, the study found: They spent $310 more per month on average, mostly on rent, transportation, and food. On average, people worked 1.3 hours less per week. Recipients went to hospitals, doctors, and dentists more often. But…researchers said there was no direct evidence of improved physical and mental health. While stress and food insecurity reduced for the first year, it leveled out in the second and third years, and participants’ long-term financial position stayed the same.
Prior to waking up I wrote a comprehensive expose on the benefits of UBI and how it could be made to work within the system as it existed at the time (or how I thought/was taught it existed). I made all sorts of pretty graphs. I used economic data put out by all sorts of official entities, etc. It was a good, solid argument. Unfortunately it was based on axioms that were totally false. Now that I understand how the system actually works, I can tell you without any doubt whatsoever we do not need, nor do we want UBI.
What we need is a Free Market. We need to get rid of all the shit that prevents people from building on their own land, and living on their own land. We need to take back our seeds from Monsanto and learn how to grow food again. We need to be free from slavery and thievery.
We don't need UBI, we just need to end the Fed and all the other three letter agencies. We need to get Govt out of the decision making process for the individuals economics/life choices. We need to end Usury, and all the control structures that support it.
It's not complicated. It is only if you don't understand how the system actually works and who runs it that you can entertain the idea of UBI.
Fuck UBI, and the Four Horsemen that it rode in on.