Ubi stands for universal basic income and it's the idea that you get a check And you can do with that money what you want if you live in alaska, you have ubi already. The banks just created a ton more branches and the number of bank workers has not changed at all. It turns out when we automate we don't lose jobs we increase capacityAnd we increase capacity We have that much more economic activity and productivity. People worry about socialism and they're gonna use the money to further their education. Me and my wife will be able to buy nicer cars so then you have a thriving economy but still have a job market etc etc.

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