tag:blogger.com,1999:blog-2348360425846372407.post532845775995023399..comments2023-12-27T02:02:29.355-08:00Comments on Alex Vikoulov: The hybrid economy: Why UBI is unavoidable as we edge towards a radically superintelligent civilizationAlex Vikoulovhttp://www.blogger.com/profile/14447124535511321078noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2348360425846372407.post-83708035808155978102021-02-08T06:31:58.089-08:002021-02-08T06:31:58.089-08:00Author ignores an obvious, that most "living ...Author ignores an obvious, that most "living on the street" is NOT a money problem, it's a mental/drug problem. They could get a million dollars per year and still be "on the street". <br />UBI may be good, but use proper logic please!BearKing55https://www.blogger.com/profile/07082248444507802969noreply@blogger.comtag:blogger.com,1999:blog-2348360425846372407.post-5426553155177266722021-02-06T15:38:11.926-08:002021-02-06T15:38:11.926-08:00It's alright to say this on here but doing it ...It's alright to say this on here but doing it is another thing especially in the medium and long term, what happens to buying habits etc when it it gets more and more automated considering how income levels work, it's an interesting idea but looking at how it would work as a whole is needs to be looked into alot more, plus what if some people want to be involved in workRich:BAOpeneconbushttps://www.blogger.com/profile/08255803870172610962noreply@blogger.comtag:blogger.com,1999:blog-2348360425846372407.post-53226222656362505102021-01-31T15:50:57.919-08:002021-01-31T15:50:57.919-08:00I had not seen or heard of the movie Elysium, than...I had not seen or heard of the movie Elysium, thank you for that; that movie reminds me of our current reality minus the elite rich living off planet. UBI might work but people need a reason to live, minus that reason we would become a rat utopia. Money as we know it currently has no real value based in reality so what would it matter if we just gave it away, as long as the whole world was on board but for that you would need some sort of global problem to get everyone scared and on the same page, once you had that you could implement digital currency worldwide and implement a basic income. I like your placement of this ad for your book disguised as an article, carefully placed on reddit also. Have a good one.Techcordhttps://www.blogger.com/profile/12883319699855439579noreply@blogger.comtag:blogger.com,1999:blog-2348360425846372407.post-17363603132796310322021-01-31T12:05:25.868-08:002021-01-31T12:05:25.868-08:00UBI injecting cash into a deflating market will us...UBI injecting cash into a deflating market will usually help the market depending on the source of the deflation. If the deflation is caused by lack of production, too much cash injected can cause issues. If the deflation is caused by lack of demand due to job losses, UBI helps counteract deflation.<br /><br />So long as we have not tapped out the productive capacity of the larger economy, we should be fine. I'd expect some inflation with a UBI, but if we went up to say, 3.5% instead of sub 2% in normal times recently, that would not be the end of the world, and we'd gain enormous utility.<br /><br />Your talk about people spending money poorly is not accurate. It smacks of a viewpoint of naked distrust of the sense of regular human beings when it comes to their finances. Every location UBI has been tried, we have not seen some sort of rampant sloppiness or "misuse" of funds, people are more responsible than you give them credit for. And just because some fraction will use the funds in ways we might not find optimal, that is not a reason to not engage in the policy.<br /><br />We provide free at the point of service k-12 education for all children. Do all children and parents take the most of that service? Do some kids slack off? Does the existence of the latter argue for the abolition of free basic education?<br /><br />You do not have the standard you just laid out in numerous other contexts, but when it comes to cash peoples brains implode.Sammaelhttps://www.blogger.com/profile/04631562267129381985noreply@blogger.comtag:blogger.com,1999:blog-2348360425846372407.post-56709023549003780202021-01-31T07:57:50.681-08:002021-01-31T07:57:50.681-08:00You're on the right track. If we got rid of mo...You're on the right track. If we got rid of money, our technology would advance so far that we cant even comprehend it right now. (A.I.,nanotech ,etc. ) There would be no real need for jobs to "make a living". Yet our incentives would change and we would focus on making life more comfortable and efficient for people or exploration of our seas or space. Money is made out of debt and debt is made out of money. The monetary system is put in place to keep us as economic slaves. If all the debt in the world was paid off, including governments, there would be no money left in the system. Money is the biggest religion that is blindly followed yet it is corrupt and outdated. There is nothing civilized about it at this point in timeAnonymoushttps://www.blogger.com/profile/02543804099073518049noreply@blogger.comtag:blogger.com,1999:blog-2348360425846372407.post-36251238643077618452021-01-31T07:35:50.421-08:002021-01-31T07:35:50.421-08:00I'm in the camp that says that we in the middl...I'm in the camp that says that we in the middle class have taken it on the chin for far too long. So many different taxes. Stocks, bonds et al should be taxed too.Truthspewhttps://www.blogger.com/profile/12673401221088654232noreply@blogger.comtag:blogger.com,1999:blog-2348360425846372407.post-68796269646950723202021-01-30T21:58:05.775-08:002021-01-30T21:58:05.775-08:00UBI is an interesting concept and I like the idea ...UBI is an interesting concept and I like the idea but not convinced. The core issue is that UBI is like injecting new money in a deflating market - it will just make it worse. For that to work you would need that your UBI will match your basic commodities (rent, food, basis stuff) in the long term and secondly that humans receiving the UBI don't waste it. Once you introduce that, it's likely with economic forces to shift those basic commodity prices up - unless govt controls that - which shifts away from Capitalism. Secondly, in our world - driven by crazy marketing, it's hard to see proper use of UBI by people for key basic stuff. Wouldn't it be better to provide the core commodities direct to people who cant - by a controlled & efficient manner ( well AI & automation will help there....) i.e. no money involved, and create incentives for those being of work because of automation ? If our society becomes automated - lets say 30% work, 70% don't work - well you can certainly keep busy the remaining 70% - arts, music, hobbies, sports, volunteering etc.. - plenty of ways. Anonymoushttps://www.blogger.com/profile/03528163468116034054noreply@blogger.com