Artificial Intelligence Masterclass Will we get UBI before AGI?
6 snips
Jun 8, 2025 The discussion kicks off with the rapid advancement of AI technologies and their associated costs. It dives into the concept of Universal Basic Income (UBI), exploring its potential as a solution to economic changes influenced by automation. Various UBI trials in American cities are examined, highlighting the differing political opinions. Historical perspectives on UBI reveal insights into wealth inequality and past welfare systems, shedding light on the future of work in an increasingly automated world. The interplay between technology and social safety nets takes center stage.
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UBI Trials Signal Economic Shift
- UBI is already being trialed across diverse US cities and globally as a social experiment.
- These trials signal growing recognition of changing economic realities before AGI arrives.
Economic Compaction Shrinks Opportunities
- Economic compaction means wages stagnate and opportunities shrink, reducing the American Dream's viability.
- This shift began around the 1980s, contrasting with the abundant growth post-World War II.
UBI Mirrors Rome's Grain Dole
- UBI's historical precedent is Rome's grain dole, used to prevent unrest amid wealth concentration.
- UBI today aims to stabilize society amid technological and economic disruption.