I like the idea of a UBI (or similar), but what makes anyone think the winners of the AI economy will let it happen? The current crop of tech billionaires all say they’re UBI enthusiasts, but what have they done to spread their own immense wealth? If Musk, Bezos, Zuckerberg, the Google guys, etc., etc., got together and decided to create a UBI, they could do it tomorrow. Instead, they’re threatening to leave California if it tries to implement a wealth tax. Why do we think anything will be different with the next big windfall? (I can already hear the objection that ‘this time there will be SOOOO much to go around that no one will need to hoard it all.’ Well, if I had told you in 1995 that in 2025 a single tech CEO would be worth close to a trillion dollars, you would have said the same thing then.)”
a sharp analysis on what rich and powerful people say about UBI vs what they can actually do today