Universal Basic Income... there, I said it

UBI should start smaller, $300/mo or $350/mo, with controls on rent so it doesn’t increase.
The poorest people (the majority) will be able to solve many of their financial issues, as they did when the child tax credit was paid monthly for that time during covid lockdowns, and the top earners might be encouraged to opt out. Phase out food stamps and other programs meanwhile increasing the UBI slowly over time to cover those costs and mitigate inflation.

I hope we get to UBI sooner than later.

UBI DOA.

I like the term I heard recently: Unconditional Basic Income. It emphasizes the point that "everyone just gets a check."

Ubi comes with a number called 666 i dont want your so called free money my soul is not for sell

And we could have like Ed-209 from robocop for the police !! 🔥🔥

Anything a Human can do, a Humanoid can do cheaper and better with no breaks (Except charging, unless other bots change out their battery in the field) or days off.

The only question is...When will the US Government do anything about it. Will they wait until everyone is being put out on the street because AI has supplanted their jobs. How far into a dystopian hell will we have to fall before action is taken.

Tax on Hourly Tobot run time on comparable work done by human to fund UBI. No tax on human labor. Some folks would have bare minimum, some would thrive with no tax, some that own bots and have power would be taxed the most.

But none of this will happen. Today we have a lot of homeless and no politician cares, all they want is war based kickbacks.

People are too afraid of a one world order to except anything that looks like socialism.

Yet another video rehashing someone elses misunderstanding of what universal basic income is, but with a nice section dealing with the problems of advanced automation.

Every video and speech dealing with ubi covers the silly idea of replacing all social security benefits with one single payment made to every adult at a large value, then fails to deal with how you would pay for it. Unfortunately while this simplistic model makes it easy to talk about, it does so at the price of ignoring what ubi actually is, and just discredits the whole idea due to not thinking about how to fund it.

What ubi actually is, is an alternative to means tested benefits in the social security system. Means tested benefits can be complicated to work out, difficult to comply with the qualification criteria, and subject to lots of variability in personal circumstances resulting in an expensive to run system with significant levels of over and under payments, vilification of the poor who make innocent mistakes, and heavy handed efforts to claw back any overpayment. In contrast, a basic state pension is easy to work out. Have you reached retirement age, and are you still alive? If yes, then pay the money. It doesn't need rechecking every few weeks like means tested benefits do, only when the circumstances change, ie you reach retirement age or you die, so cheap to administer. If you don't like paying it to the rich, use the money you save from administration costs to do a one time evaluation of how much you would have to move the starting points for the tax brackets to make it revenue neutral and make it taxable.

If you then decide to pay another ubi, like child benefit, it also has simple qualifying criteria. Are you between the ages of zero and when you decide to cease entitlement, alive and resident in the country? If yes then pay the custodial parent. Also make it taxable and raise the tax levels by the amount needed to make it revenue neutral like we already do in the uk. However nothing says you have to pay the child the same figure as the pensioner.

If you then decide that you want to pay everyone a fixed amount on top of other benefits, you can make it payable either to every resident, or every citizen, and bring it in like we brought in minimum wage in the uk, start it at pathetically low amounts, and then give above inflation increments until it reaches the level you can afford. Again make it taxable and revenue neutral and set it to be at an increasing percentage of the total tax take as and when you can afford it.

So you could take the usa population of 200 million, and give them all a social security number from birth. Then each individual gets a government bank account where the benefit is paid into, and you pay them 1 dollar per year at a cost of 200 million taxable dollars per year. Every other benefit either ubi or means tested can then be paid into the account keyed to the social security number, saving administration costs for other benefits.

If the individual is vulnerable, then their registered primary carer can draw on it for that person.

Now you have your model implemented, for what is basically a rounding error on your multi trillion dollar usa budget. Going back to child benefit, you can reduce it by the general ubi amount, and once it reaches zero, just delete it. Same with basic state pension, or unemployment benefit, or disability benefits.

You get an even bigger benefit with means tested benefits, as every time you increase the general ubi amount, you move more people out of needing them, but more importantly it makes it easier to find a generic qualifying criteria for those who are left to move to another cheaper ubi, saving another fortune in admin costs.

UBI When you ask ??? The Twelfth of NEVER !

Do you or anyone actually think the elites care about the general pulic if they have or will be able to work or not, that's a big nope. Once there is no longer jobs to get anyone not able to farm or hunt won't be surviving, the elites hate us, to them we are nothing but usless eaters. The elites will have all their needs taken care of by ai and the robots and will live like gods, the other 99% either will be living off the land or dead, poeple need to start buying tools and stuff like survival guids and everything that will help you to survive off the land because it's coming much sooner then what people think. If I would guess when the big switch over will be I say we will be well into it, probably not fully but enough that over half of all jobs will be gone by 2030 and sometime before 2040 the rest will be gone too, probably even by 2035.

I agree with all you have said. The impediment will be what I call the "Social Gyroscope." People are resistant to change. It comes from our reptile brain stem and prevents many from switching from a scarcity mindset to an abundance mindset. The social gyroscope tries to maintain the status quo, as it suited us when technological progress was measured in centuries, rather than days. It impedes us when we are in a double exponential technological growth curve.
In the USA, we are also encoded from birth with a Puritan Work Ethic that can not stand the thought of anyone getting anything they did not work for. Overcoming this is the biggest challenge to the Solar Age of Super Abundance. They cannot even conceive of it, as it is against everything they have been taught.

If the resources are limited and 80% of jobs will be replaced by robots , a New World Order will provide UBI in exchange of a Socialist Totalitarian Government? The answer is yes, most of the people will be agreed.

Not happening

This has to talked about more. The time is now

Pretty much.

But remember, when you are describing a society with that capacity for automation, a basic income in money is not really necessary. Why? Because money is a token used by humans to trade property and human labor (because we can not directly measure how much energy over time something that satisfy or preferences consume).
Machines are not (by default anyway) motivated by money. They do their work when fed energy, so the guaranteed income can be dividends of production capacity measured in how much energy over time a good or service provided by the machines

Another issue is that we seem a bit stuck in the notion that something is either run as a private businesses or by the state. Owning and/or doing things together is not contingent on it being provided by the state and it can be a good idea to not have the institution with monopoly on violence to also directly admin distribution of income. Imagine if Linux was provided and only downloadable by logging on to state owned repositories.

Do you understand what I am saying here?

UBI means inflation, value don't work that way.

It's A GREAT IDEA!!!, But then we'll be limited to one small area, no need to venture far from your community

Everything you said was correct. You're the only one speaking sense.

Either the public demands UBI, or they'll suffer the consequences of relying on their government to do it for them. Even if people protest against robots replacing their jobs, the corporations will just ignore them and maximize their profits with automation. So if you're one of those types who think you can just sit around whining and complaining against losing your jobs to automation, you'll learn the hard way that no one cares when you end up homeless and broke. The future waits for no one, you either adapt or die. Those who fight against UBI, will simply help out corporations save money for themselves, and leave you all to starve in the streets. Don't expect the government to do the work for you either, they'll delay any sort of UBI system for as long as possible so they don't have to spend a dime unless they're forced to.

Before a Universal Income system exists, a lot of people will suffer that's for sure. You'll see endless propaganda about why UBI wouldn't work and a lot of politicians being paid by corporations to prevent it too. It's only when things are so extremely too difficult for anyone to survive is when you'll start seeing people do something to get the funding they deserve. This is how it's always been and most likely what will happen in the next several decades. It's strange... people have to always learn the hardest ways first before they can accept change, and obtaining UBI won't be an exception to that rule. Mark my words, you'll have a lot of low intelligent people protesting against it until they all desperately need it.

Resource Based Economy. Venus Project.

Transitioning into this rising tide of a new paradigm will require a LOT of institutional shifts... namely government and capitalism.

The only people who think that robots will be able to do all human labor are those who have never spent a day doing actual labor.

I think that the arts are going to be where our, hmmm, not sure what to call them, Hero's? maybe?, will be located. Yes, bots and AI will be able to create music, but I think people would rather see other people doing those type of things. I'm encouraging my grandkids to learn music and playing instruments. It may be more important than they currently realize.

One way we could pay for UBI is for the government to invest in it with subsidies then tax companies that have benefited from said subsidies.

It's like a state sized rock floating by our atmosphere, if we wait and pray, maybe the problem... will just go away.

Thanks, it was a pleasure to listen to your video, very interesting

UBI won't work now. Too expensive to pay people for no value in return. UBI won't work when we achieve a true Abundance Society with replicators and nanobots. When we're that wealthy, we won't bother with money. UBI is a non-starter, invented by people with no vision of the real technological trends.

IF you americans make the UBI happen , brazil my country will copy PLEASE MAKE THIS HAPPEN

People with crab mentality that just want everyone to suffer are against a U.B.I. .... U.B.I. should be $1,200 a month for people making under $30k a year to start the program.

Please help me bring the message of the Hanomy system (economies in harmony) to the world. Find me and let's talk. Thanks.

aren't more states banning UBI? from Copilot: Yes, there has been a trend of some states in the U.S. opposing Universal Basic Income (UBI) programs. For instance, South Dakota state Senator John Wiik sponsored successful legislation banning cities or counties from creating basic income programs1. South Dakota is among at least six states where GOP officials have looked to ban basic income programs1. In 2024, Iowa, West Virginia, South Dakota, Arizona, and Arkansas also introduced bills against UBI2.

However, it’s important to note that the opposition isn’t universal across all states. Democratic governors in Arizona and Wisconsin recently vetoed Republican legislation banning basic income programs1. So, while there is a growing trend of opposition, the response to UBI programs varies across different states. It’s a complex issue with ongoing debates about the potential benefits and drawbacks of such programs.

Could a Universal Basic Income work in a free market society, or does it imply the existence of a strong socialist government?

I PREDICT THERE WILL BE A GAP. A HUGE GAP BETWEEN THE TIME WHEN AI REPLACES JOBS AND EHEN UBI STARTS. IN THAT GAP WORKING CLASS FOLKS WILL LOSE EVERYTHING THEY OWN. THEN AND ONLY THEN WILL REPUBLICAN POLITICIANS VOTE FOR UBI. DONT BE NAIVE. THEY WILL NOT VOTE FOR IT. THEY WILL SAY ITS SOCIALISM. THESE AI CORPORATIONS ARE LETTING THE MONSTER OUT OF THE BOX.

This was the best UBI video I have seen to date. Well, said my friend. Very compelling.

don't forget robots will replace the worlds oldest profession

This is the future star trek replicator but manual mode lol

UBI is a trap.

If AI take over our job they will have to give us money because nobody will buy their products and therefore they won’t make profits.

The problem with UBI is it's a middle-class solution. You need a house. Rather, you make housing a right and not a commodity

Basic income was attempted by President Nixon in August 1969. It twice passed in the Republican House but twice failed in the Democrat controlled senate. Nixon believed the Baby Boomers to come would eradicate poverty. He wanted to jump start that eradication. If we get UBI in five years, he may be proven partially prophetic.

There will be no choice.

Relying on government for anything at all is futile.

I think with ubi i have to forgot all my dreams and aims like buying a car for my family and more 😮

Sheep vibes

I agree with much of the video, but his solution for power is not a good one. Solar Panels are not a feasible solution when all these bots require so much power. You would triple, quadruple (or more) the current energy requirements in the United States to power all these bots. After all, we are talking about hundreds of millions of them. The number of solar panels and batteries to hold the charge during cloudy and nighttime, would be horrifically high and destroy much of the rural landscape we have left in the US. We will need a power solution such as Nuclear, or hopefully, we finally get Fusion to work. The amount of fossil fuels required to power all these bots would be astronomical and would definitely pollute the air and I am not talking about CO2.

ChatGPT explained that due to outdated laws, such as zoning regulations, and the concentration of land ownership in the hands of a small percentage of the population, housing costs may not decrease significantly even with the advent of automation. Consequently, housing costs are likely to remain high. Additionally, widespread automation could lead to job losses, further increasing the cost of living and potentially making about 2% of the population homeless.