Elon Musk thinks universal income is answer to automation taking human jobs


http://mashable.com/2016/11/05/elon-musk-universal-basic-income/#y6ygM5tdx65Z

Comments

  1. I find myself highly skeptical of this idea. It sounds nice, but I suspect I won't turn out nice at all in the end. Just a hunch.

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  2. It's hard to have nice things when you can only make them with politics

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  3. I like UBI I am a supporter of it. I have no idea who this guy is this Elon is but anyway UBI is a good thing. I see too many places losing population because of no jobs and too many people struggling with 2 or 3 jobs just to live.

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  4. The UBI will allow people with no understandable reason for continued existence to sleep inside and continue to eat whilst they drink and drug themselves to death.

    In America at least, humans strongly identify with their professions. When those professions are taken away, what do they do? Yes, some folks quilt and build furniture and customize cars and garden as hobbies. I do not expect that to replace professions.

    But Elon Musk is pretty damn smart. I'll listen to what he has to say.

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  5. By and large UBI has been tried in my home country, Denmark, though not under that name or the direct principle. Social payments in the country is so high and last for so long that many people are on them their whole lives, and people actively try to get to that point, not working themselves.
    This has led to the unfortunate situation that more people are paid from the state coffers (benefits and public employees) than pay into it from private employment. They can now vote themselves to ever increasing taxes on the still fewer working people, a never-ending spiral... or rather, it will end when no people are left who want to work.
    It's an interesting idea, but its supporters underestimate the average willingness of people to exploit other people they don't know. This would probably work in small communities where everyone know each other, but not on a country-wide scale...

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  6. when I think about UBI I do not think a luxurious life style but mostly a base where one can do part time work or other kind of work that would not be enough to keep body and soul together pay-wise. I know people who need to work 7 days a week to live a not very miserable life in crummy housing and drive beat up cars just because they do not have the basics covered by their income. It needs to be clear that kit is a base line and then work is for the betterment of the community and themselves....I guess I am an idealist too much.

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  7. What usually happens in these cases is that the idealists push it through into law because, as I said, it sounds nice. The problem with that is that the idealists do so because it sounds nice, not because it's a coherent and workable plan. We see this time and time again in our society. We have very idealistic laws on the books ... but as we can see, there are huge deficits as a result. Because we can't afford to pay those obligations since we do no generate enough wealth to do so. How to put this? Well, I guess I will have to fall back on Margret Thatcher as she put it best - eventually you run out of other people's money.

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  8. Yes, but there is also the From-Here-To-There problem. How many millions (billions?) will be stuck between two worlds as this process occurs? It is not like there is suddenly going to be a day when someone flips the switch and all of a sudden the robots and AI are doing everything and everyone gets to retire on UBI. It's going to be a slow, problematic, and probably rocky road ... and my concern is that as we can see the "leadership" is completely failing to address the issue at all (from an economic or political perspective) it seems more likely than not that this unplanned "transition" will end in a huge sociological train wreck. Again, just a hunch.

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  9. Vb Wyrde In a functioning economy, money doesn't just go from one person/entity to another and stop, as one might have to believe in order to espouse that Thatcher quote.

    Money tends to travel all around a community/nation/civilization continuously.

    You're also likely just thinking of paying individuals who don't contribute anything in return, but you should also ponder the fact that a strictly capitalist society doesn't reward people for actually producing. It rewards people for convincing other people that they produce.

    Your idea of capitalism would be great if, when someone was faced with the reality that they have nothing to contribute to society, or even contribute negatively to society, that they accept their fate and go off into a corner to die somewhere.

    But the reality is that in a society without UBI, those people are effectively encouraged to deceive in any way they can in order to get paid for supposedly contributing in order to survive.

    The best example of this is politicians. Now imagine a system where people who were so incredibly lazy, clumsy, incompetent, and stupid were simply given enough to survive on in exchange for not costing the rest of us even more.

    Just another piece of the puzzle.

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  10. The fact that artificial scarcity is a real thing means our technology is generating incredible productivity in certain areas. We are only at the beginning, once AI reaches true natural language comprehension, expect a good chunk of low level office work we'll simply evaporate. Progress will not stop, it is simply a matter of when, not if.

    Would giving people some pointless task to keep them "busy" be a better solution? Is that a life worth living? Sadly many people face that situation already, being stuck in some dead end job because there is not enough demand for their skills, or simply not being good enough at what they truly love.

    Freeing people from pointless and unnecessary work will probably be viewed as a major cultural turning point. Allowing people to follow their passions can potentially unlock all sorts of new things and ideas. Many activities that are not economically viable would be an option. There are those who would jump at the opportunity to work on their own game project or some software. Artists are no longer limited by earning a living. While others would probably hand craft stuff, the diy scene is already pretty awesome. Don't think science will stop either.

    Long story short there is far better ways for humanity to organize itself. The rat race is just that, a race... a competition to survive and strive. Imagine instead if we work together to figure out and implement ways to not works as hard and make life a whole lot more awesome for everyone.

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  11. It will be all of a sudden. If you think otherwise you are sadly and severely lacking in knowledge of exponential math. The acquisition and expansion of knowledge by machines, AIs if you will, had to begin slowly but there will come a point when the gains become apparently instantaneous. Every job that humans do is at risk. EVERY JOB. Fast food, bartender, produce picker, warehouse, truck driver, manufacturing, medicine and more are currently in the process of being replaced by automation. As soon as the machines know enough and share it with each other, the time between when you hear about your job being at risk and when it is gone will be at most, weeks.

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