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All-In with Chamath, Jason, Sacks & Friedberg
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Evolution of Technology and Human Progress
Various mechanisms and incentives like Roth IRAs, 401k contributions, and tax breaks exist to support financial independence. The idea of Universal Basic Income (UBI) aims to provide a flat amount of money for people so they can explore other pursuits as automation takes over. However, history has shown that advancements like tractors and automation tools do not eliminate work but lead to new opportunities and industries. It is believed that humans will continue to innovate and create new ventures even with the advancement of technology.
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