alt Hacker NewsUBI (from taxing big tech) and retraining. In the U.S they'll have enough money to do this and it will still suck and many people won't recover the extreme loss of status and income (after we've been told our income and status are the most important things in life it's gonna be very hard for people to adapt to the loss of it). Countries like India and Philipines and Ukraine which are basically knowledge support hub without much original knowledge of their own yeah this is gonna be something for sure. Quite depressing.
Replies
Retraining to what exactly? The middle class is being hollowed out globally - so reduced demand for the service economy. If we get effective humanoid robots (seems inevitable) and reliable AI (powered by armies of low payed workers filling in the gaps / taking over whenever the model fails), I'm not sure how much of an economy we could have for 'retraining' into. There are only so many onlyfans subscriptions / patronages an billionaire needs.
UBI effectively means welfare, with all the attendant social control (break the law lose your UBI, with law as ever expanding set of nuisances, speech limitations etc), material conditions (nowhere UBI has been implemented is it equivalent to a living wage) and self esteem issues. It's not any kind of solution.
> UBI (from taxing big tech)
If you think those in power will pass regulations that make them less wealthy, I have a bridge to sell you.
Besides, there's no chance something like UBI will ever be a reality in countries where people consider socialism to be a threat to their way of life.
Also, time to tax for AI use. Introduce AI usage disclosures for corporations. If a company's AI usage is X, they should pay Y tax because that effectively means they didn't employ Z people instead and the society has to take care of them via unemployment benefits and what not. The more the AI usage, higher the tax percentage on a sliding scale.