alt Hacker News> UBI type system in place to pad the fall, people will bounce back and adapt when industries break down
If you mean UBI that would allow anyone to stop working and live a modest life, that just doesn't work. UBI is essentially redistribution from those who work to those who don't work. That's not just a "safety net" because you could decide to stop working forever just because it's more comfortable than working.
I would possibly exploit such a system. Take 4% from my portfolio + UBI on top. Maybe work 3 days a week if I find a job that I enjoy.
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>UBI is essentially redistribution from those who work to those who don't work.
That is what earned income tax, payroll taxes, and Medicare and Social Security taxes are.
> UBI is essentially redistribution from those who work to those who don't work.
If you believe this, then surely you also believe pension plans are the devil? If we can't have UBI then we can start by tearing away pension plans for all of the old people my tax money is being wasted on.
> If you mean UBI that would allow anyone to stop working and live a modest life, that just doesn't work. UBI is essentially redistribution from those who work to those who don't work. That's not just a "safety net" because you could decide to stop working forever just because it's more comfortable than working.
This is, IMO, why UBI has to be timed almost perfectly for when the AI is ready to be the one who does the work.