UBI could have positive results, but the drawbacks seriously make me question its viability now and in the future. In my mind, UBI will create or reinforce a two class system between rich and poor. Even if everyone were to get "free" money from the government, it wouldn't be enough to help people live sustainably or beyond the poverty line (welfare, similarly, tends to trap people in poverty and make them dependent on checks, even though it's designed to take people out of poverty).
UBI, I've heard, would trigger hyperinflation everywhere and cause the cost of living to skyrocket due to excessive money printing, negating the benefits of UBI (on top of a possible economic crash/recession that will only benefit the wealthy once again). 1K a month doesn't sound so good when rents balloon to more than 5K. UBI also eliminates innovation and progress, leading to stagnation, and is unfair to the few taxpayers who will still be working in jobs not replaced by AI, but will be forced to shoulder the burden for everyone in society.
UBI doesn't seem like it's very stable and may only semi-function as a temporary measure. The transition from now to full automation could exacerbate short them societal disruption and collapse, which could lead UBI down a messy, ugly path.
In other words, a two-tier techno feudalist class system where the rich own the AI while everyone else is enslaved and made financially dependent on the government. Nice dystopia you got there (for everyone except the techbros that is, who love AI not knowing they will eventually be thrown under the bus just like everyone else, once the AI doesn't need us anymore).
Theoretically, AI/AGI can and will become infinitely intelligent relative to our organic perspective, because it will possess the ability of recursive self-improvement. It's already happening with AI art: the AIs responsible used to train from art produced by humans to create its own artworks, now it's using its previously created AI artworks to train on in order to create even better AI art, and so and so forth. AI will become more and more intelligent on an exponential scale because of how quickly it will be able to advance, able to think millions of times faster than the human brain, and arrive at solutions faster as well.
AI is like Pandora's Box. Once it's been opened, it can't be closed again.
GalacticLabyrinth88 t1_j27k2lm wrote
Reply to How are we feeling about a possible UBI? by theshadowturtle
UBI could have positive results, but the drawbacks seriously make me question its viability now and in the future. In my mind, UBI will create or reinforce a two class system between rich and poor. Even if everyone were to get "free" money from the government, it wouldn't be enough to help people live sustainably or beyond the poverty line (welfare, similarly, tends to trap people in poverty and make them dependent on checks, even though it's designed to take people out of poverty).
UBI, I've heard, would trigger hyperinflation everywhere and cause the cost of living to skyrocket due to excessive money printing, negating the benefits of UBI (on top of a possible economic crash/recession that will only benefit the wealthy once again). 1K a month doesn't sound so good when rents balloon to more than 5K. UBI also eliminates innovation and progress, leading to stagnation, and is unfair to the few taxpayers who will still be working in jobs not replaced by AI, but will be forced to shoulder the burden for everyone in society.
UBI doesn't seem like it's very stable and may only semi-function as a temporary measure. The transition from now to full automation could exacerbate short them societal disruption and collapse, which could lead UBI down a messy, ugly path.