Recent comments in /f/Futurology

just-a-dreamer- t1_jbq03wz wrote

UBI won't work under capitalism for sure.

We will see a massive consolidation of real estate properties with AI automation. Even in ancient rome, tje apartment buildings called insulas were owned by just a few rich families.

Rents would be set according to UBI income measures, so if UBI goes up, rents go up. Politicians will get bribed to maintain zoning laws and block new construction.

Only the eradication of capitalism can ensure a proper distribution of the fruits of AI labor.

1

GoodbyeCOI t1_jbpzbdk wrote

You're on target more than most probably realize. We would be better off with treating healthcare as a public good. People often go into poverty when they get sick in America.

Without fixing healthcare people would have to responsibility use UBI as a savings tool for medical emergencies or any other emergency that can result in financial problems and poverty.

People also forget that UBI is essentially printing money...an increase in the money supply equals inflation. We are already seeing what that is like...

I think universal health care is a better idea.

I would be an entrepreneur if my healthcare wasn't tied to my job. If you can still wind up in poverty with outrageous healthcare and housing inflation what good is UBI?

1

Test19s t1_jbpxx7n wrote

We literally don’t have the resources for post-scarcity, at least not without turning the planet into Coruscant. What’s more likely is that we’ll have more security and work fewer hours per week, with much higher levels of self-employment or small businesses. The “Norman Rockwell with autonomous vehicles sprinkled in” future is my hope, and the kids who grew up on Transformers: Rescue Bots are already conditioned for it.

0

GoodbyeCOI t1_jbpwbbt wrote

Good point. Those people have enough money not to worry about money though. UBI is a concern for the poorest of the poor and decimated middle class.

If the working clas didn't have to bang on a machine in a dangerous factory what would they do?

I obviously don't think everyone will pursue hedonism but I say that because I certainly would.

I'm tired of working hard in a system where hard work isn't always rewarded. Sadly, hard work is all I have to succeed so it's a catch 22.

If I got UBI I'd continue boxing, making cbd products, and perhaps continue to work my normal job where everyone is overworked and underpaid.

I bring up the issues I mention because people already sell their EBT for drugs so it's very likely that UBI will be very regulated and controlled to prevent abuse...think blockchain...citizen ID...social credit score...etc.

They'll definitely impose controls on recipients...

1

GoodbyeCOI t1_jbpvjzx wrote

I actually studied Marxism and this particular economist in depth:

https://en.m.wikipedia.org/wiki/Kondratiev_wave

I am very critical of capitalism. We probably share many similar views but can't relate and will never relate due to how emotional you respond.

I come from a family of drug addicts btw. They're all dead or in jail.

2

jh937hfiu3hrhv9 t1_jbpv2vw wrote

Idle hands are the devil's workshop.  People would need to take out their own garbage, cook their own food, clean their own house, drive for someone, help at the farm and grocery store.  If nobody works, nobody eats or stays warm and dry.  If people were not required to spend their whole lives at jobs designed for consumerism to feed the rich and exploit the planet, they would have time to work on their own life and help their neighbors.  People work if they need to, that is how financial oppression works.

1

TheSensibleTurk t1_jbpulqv wrote

I wouldn't. I'd want to make 4x - 5x the amount of the UBI.

Nothing feels as good as investing %80 or your disposable income into QQQ or SPY. I'm 30 now. If the nasdaq 100 returns just 5 percent annualized over the next 15 years, my portfolio will be around 5-6M USD, and not even considering things like dollar cost averaging or playing with a bit of safe margin.

That's the beautiful thing about American capitalism. Invest enough and the economy itself makes money for you. For all those jokes about billionaires not even knowing you exists, you can ride their coattails to multimillionaire status.

1

GoodbyeCOI t1_jbpug25 wrote

It's called the free rider problem and it has always been a central concern in the study of economics and public goods.

It's not projection...it's a genuine problem in economics that economists have tried to address since forever.

https://en.m.wikipedia.org/wiki/Free-rider_problem

This one too:

https://en.m.wikipedia.org/wiki/Tragedy_of_the_commons

Any discussion of UBI has to confront these issues.

I wish I had UBI to relax. I haven't taken PTO since April 1st last year. Way to use adhomenim and contribute nothing of value to a very high level intellectual topic.

1

FeatheryBallOfFluff t1_jbpueas wrote

Given that musicians and billionaires still do meaningful work, even with all the money in the world, to me is proof that people won't just sit around and smoke all day.

For me personally, that would be hell. Like many people, I'm curious about the world and so helping build new machines, doing research on space, life or computers would still be interesting to me, and probably many others too.

2

Fairstrife_Deception t1_jbpqz8d wrote

With universal income, I will work better, doing something I love.Being able to afford rent and food (basic need) what ever happen is a mental tranquility that would give my brain the capacity to exit my bullshit job and doing something actually productive.

I could even go plant a several thousand of tree if I want, without risking everything and become homeless and inevitably throwing myself under a bridge, because it's extremely difficult to re-enter in society when you are homeless.

5

FuturologyBot t1_jbpq4ti wrote

The following submission statement was provided by /u/berlinparisexpress:


Just interested in everyone's thought on the topic.

I've been thinking about this on the way to work lately and I just don't think anyone hates working per se - they hate selling their time and obeying to arbitrary orders. Giving a hand to move a friend's home is often super fun and rewarding - why? It's shared work on a voluntary basis that feels super useful with a clear goal that is achievable by cooperation.

So yeah, I would definitely still work on a UBI, but I would definitely think about work differently, ands I think this is what universal income is all about. I might work more locally, take more risks or be more involved in causes I truly care about. I don't like feeling useless and I don't think most people would become lazy because they suddenly earn a guaranteed 700$ a month.

What are your thoughts on the matter? What would you do with a guaranteed income every month, no matter your situation?


Please reply to OP's comment here: https://old.reddit.com/r/Futurology/comments/11nxvg4/with_a_universal_income_will_we_stop_working/jbpls9x/

1