…“Eventually, we need some form of universal basic income for everybody while they work and once they retire,” Roubini added. “We’re already on the way.”…
“We’ll have either ex-post distribution—that is universal basic income—or we’ll have it ex-ante. Ex-ante means some form of socialism,” Roubini explained. “Essentially, the government is going to take over some fraction of the big tech firms.”
He said AI companies are already willing to hand over stakes to the government, alluding to a Financial Times report that said OpenAI has discussed giving 5% as a way for the public to share in the upside of AI.
Altman’s proposal would entail other AI companies providing similar stakes, although it’s not clear if his U.S. rivals would be willing to do so.
As a result, Roubini believes universal basic income or socialism is inevitable, saying “We’re going already in that direction, effectively.”…
…he called it optimistic, given that it assumes 10% growth and “machines doing all the work.”…
The only way I’d support this is if the government owned the means of production, not the wealthy elite.
You’re so close. The WORKERS should control the means of production.
Thanks for the correction😅
By government, I mean democratic government that represents workers.
Doesn’t sound like there’ll be many workers
But then the ruling party ends up enriched and becoming the ruling class of the wealthy elite.