Submitted by StarCaptain90 t3_127lgau in singularity
FoniksMunkee t1_jefm1in wrote
Reply to comment by StarCaptain90 in π¨ Why we need AI π¨ by StarCaptain90
Okay - but that won't work.
Stacy makes $100,000. She takes out a mortgage of $700,000 and has montly repayments of approx $2000.
She gets laid off but is now getting $35,000 a year as reduced salary.
She now has only $11,000 a year to pay all her bills, kids tuition, food and any other loans she has.
Now lets talk about Barry... he's in the same situation as Stacy - but he wanted to buy a house - but now his $35,000 isn't enough to qualify for a loan. He's pissed.
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Like - I think we need a UBI or something - but how does this even work?
StarCaptain90 OP t1_jefmj4n wrote
So I agree with you that it will still be rough but its the best I can offer based around the assumption that jobs will continue to get replaced and eventually we will reach a point where UBI is necessary
FoniksMunkee t1_jefpnba wrote
Then we are screwed because that will lead to massive civil unrest, collapse of the banking system and economy.
StarCaptain90 OP t1_jefpz63 wrote
Well yeah that's what's going to happen in order to transition. My hope is that a system gets put in place to prevent a harsh transition. We definitely need a smoother transition
FoniksMunkee t1_jefq5br wrote
Then we really do need to put a pause on this.
StarCaptain90 OP t1_jefsbpp wrote
The end goal though is job replacement in order to support human freedom, speed up innovation, technology, medicine, etc.. So whatever the solution is during the pause it will still have to support this transition.
FoniksMunkee t1_jefskhs wrote
But I think thatβs at least in part the point of the suggested pause. Not that I necessarily agree with it - but itβs likely we have not got a plan that will be ready in time.
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