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32 sats \ 1 reply \ @earnbitcoin 11 May \ on: IF there was UBI who would fund it? econ
When (not if) AI eliminates so many jobs ... unemployment will rise and those RIFd (reduction in force) will find themselves changing careers. Just like those switchboard operators, travel agents, elevator operators, etc. -- all whose jobs were eliminated in the past.
On the flipside, AI makes it easier as a solo founder (or small team) to launch and do business. AI makes us more productive. We may find that job losses from AI were well more than offset by employment opportunities that it enables.
Now during the transition, it may be both wise and humane to offer needs-based support for those making that transition. But that income is not universal nor without strings attached. Support available may have requirements, such as participating in training, and limits on how long that support lasts.
the thing i stuggle with is, outside of manual jobs like plumber, electrician etc (that can't easily be done by ai or outsourced), where are all these new industries coming from that people can just switch to?
most of the office class and a lot of manufacturing has already been lost to cheaper countries and i all i can see is the pie getting smaller and smaller and people fighting more and more to achieve something normal like buying a house.
now obvs I hope I'm wrong and all kinds of cool new jobs will be created, but i can't see it.
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