I personally think the whole idea of work being optional or you won't have to work and just live off UBI is a pipe dream. Just doesn't seem realistic to go from "no such thing as a free lunch" to "optional free lunch for all" 😂

Reply to this note

Please Login to reply.

Discussion

I don't think you conceive of just how deflationary AI is. Especially with bitcoin in the mix.

Yes, I don't, maybe I should just use it more or something. Maybe I'm morphing into a boomer 😂

It's also incredibly capital intensive to deploy and maintain. Land, construction, property taxes, energy cost, network costs, not to mention servers and GPUs (or whatever is next for Ai, ASiCs?) that will need to be upgraded frequently to remain competitive...

The engineering of all this, hardware and software.

The government doesn't generate revenue, except through taxes. They would have to seize the means of production, hyperinflate the currency, insane tariffs/taxes, or my best guess, some combination thereof.