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AI & Automation With Universal Basic Income



1. Universal Basic Income or UBI is being trialled in some areas of the world, but the precise reasons why it is being trialled have never made sense to anyone. Those who pursue it do it for ideological reasons and political reasons. None of which is relevant.

2. The reasons for that is simple. We didn't live in an age where UBI is feasible.

3. However with the rapid approach of the Technological Singularity, automation and AI are doubling in capability every 18 months. We are moving into an age of plenty. For this age of plenty to work, we need UBI.

4. UBI is the new civic innovation. The simplest way to implement UBI is to collect VAT (Value Added Tax or sales tax / GST - 20% in UK for example, 28% India) on goods sold, remove it from being used for any further political projects and leave it aside as UBI for everyone.

5. This will allow the goods produced by factories to be consumed by everyone that needs it. Rich people can buy expensive items and more items, and pay more sales tax knowing that their contribution actually generates more UBI for everyone.

6. Factories that produce goods still need to be competitive, make relevant products and most important of all, they can increase their AI and automation investment knowing that if their products are good, there will always be customers to buy their products.

7. When products like the Synthetic AI Hand Project starts producing results for example displacing expert chefs in preparing food, everyone has UBI and so no one will go hungry.

8. Those with money that stand to lose influence which money and power brings, and those with Dystopian views, will always find a way to paint a negative view of UBI. They could just as well paint a positive world view such as abolishment of unemployment on day 1, and sell only the benefits of UBI because the Technological Singularity is rapidly approaching (about 17 to 22 years from the time this article is written) and that is not a whole lot of time to make mistakes.

9. We don't want to go around punishing people for being poor in an age of plenty. We haven't the time to listen to negative world views. We want to move forward and make a world where something simple as umbrellas are made to last forever and never again live in fear of its consequences because of some out dated Dystopian view or a fruitless meme holding us all back from a better world. And even if we did choose a horrible path to punish poor people for being poor and justify that as the right thing to do, the Technological Singularity does not care, and will reign in the age of plenty in some other countries. Because of this, we need to choose who we listen to. Looking carefully at the Technological Singularity Curve, we also need to choose our heroes.

10. The above is a drawing of technology such as global computing power and how much it increases with time. It is an exponential curve doubling every 18 months, and it goes vertical around 2035. What is incredible about this technological curve is that it has not flinched from its projected trajectory since it was first drawn. And the curve can be drawn back to more than a hundred years. In the intervening period such as World War I and Word War II, the curve did not flinch. That is an almost impossible concept to absorb, and follow through all its ramifications. Nevertheless we are on this curve, and we need to absorb the details and re-calibrate our views of the world that we are born into.

11. In short form, what the Technological Singularity Curve is saying is that while the military, politicians and religions were waging war over the centuries, and killing each other and civilians, the hard truth is that the rest of the world continued to function as it always had, driven by technological advances by techies that drive society forward. The true heroes of the world may not be politicians, kings, queens, military, religious leaders, nobles, the rich, the powerful, media etc, but the humble techie. The rumblings of this stark observations come into view in 2017 when for a brief time, tech companies were more valuable than all of the banks in the world put together. One company, Alibaba, took $24 billion in sales in one day facilitated by Internet and technology. As we edge closer to 2035, it is likely that all value will shift towards technology companies and what they can do for society with their products that capture daily mind share.

12. Techies have gifted us with mobile phone and every 18 months or so, it has doubled in capabilities and empowerment to all. Billions now use use. It is now not that difficult to put a mobile phone in the hands of someone in deepest darkest Africa and let them learn and set up a web shop to sell original art and craft and buy a Tesla a few weeks later is a genuine possibility. No politician has ever delivered on such equality. UBI is the next something techies will gift the world with through automation and AI at an increasing pace that is coming from the Technological Singularity. Taking a simple tax such as VAT (or sales tax as its known in other countries - 20% in UK) for UBI and prohibiting its use for other political projects would be the simplest way to ensure everyone can get UBI. We already pay this tax and so its not a new tax, and the infrastructure for its collection is already available in most developed countries. We just need regulations to ensure VAT is used for UBI and no other political projects. The estimate varies about UBI but 10% may be enough - and the current tax is double that in UK.

13. Governments for their part will also need to demonetize substantial numbers of items over time so that UBI is not wasted on essentials such as a qualified amounts of clean water, electricity, heating and air conditioning, Internet, travel, education, health services, and so on. This is not a new thing. Health care is already demonetized in many countries. Basic education is free in many countries. Travel is free for very young and the retired in many countries. With self driving vehicles such as buses, the fee for average member of the public should be reduced ever further to reflect the cost of providing the service, and reduction in the barrier to entry to such markets for new players, so that in an age of UBI, transportation costs should not amount to some artificial target of something like 50% of your UBI if you have a reasonable average commute. Where such targets do exist it should be opened up for discussion and debate to see if it is fair in an age of UBI. Just because someone thought it is fair at the time a target is set, it will unlikely work in an age of UBI.

14. In a UBI led world, we need to go further with how we charge customers. It is not fair for example to charge in the age of computers, $1 for a parking space for a full hour minimum fee when you spent only 30 minutes parked. We should be able to read car number plates, and charge according to entry to exit duration. This is already working AI + Automation technology that replaces an army of parking attendants and a ton of paperwork. So if you spent only 30 minutes in the car park, you should only pay $0.50. Micro payment system already exist, but there is no end of banks and clearing houses that want a pound of flesh for every transaction through minimum charging terms and conditions. Detailed investigations have revealed that in the age of computers, many payment processing fees levied do not reflect the true cost of a transaction resulting in overcharging. In the age of UBI, this kind of staircase invoicing and unreasonable inflation of costs should be banned by government order so that all those on UBI can get a lot more work done each day instead of having all their funding seized by unfair charges from car parks to hidden fees that do not reflect the cost of providing that service that we are powerless to avoid or refuse.

15. We would also take care with regulations so as to discriminate against various types of mis-use of UBI. For example UBI used to fund gambling, loans, addiction and so on. What this allows is UBI to be confiscated by someone else who has entrapped a victim into some kind of economic slavery so that they can't buy food, pay for travel, and pay their rent. One could envision that UBI would arrive in a debit card that you can use to pay for any material goods and many services, but which will not work in certain places like gambling shops and loan companies. You can always load the card with cash that you earned but if you haven't the means, then card will not make you any more poorer by allowing it to be spent in ways that may leave you without the tangible good benefits of UBI. As time goes by, the list of goods and services will get expanded so that it is harder for anyone planning economic slavery schemes to operate. The driving motivation is to give everyone the chance to participate in a consuming society instead of locking up individual's wealth in yet more new schemes that leaves them unable to participate. If everyone has clocked up billions in debt for example, it requires bold action such canceling all debt and demonetizing loan services so that the state pays for it and legislates against any more new loan schemes. Because we are moving into an age of plenty of AI and Automation, these ideas are possible to free up society into new ways of existing.

15. Robot tax is something that will never work - it just holds back progress and benefits of AI + Automation. The purpose of AI and Automation is to decrease production costs, lower prices and empower more people with ownership. Taxing robots prevents greater ownership and passing on the benefits of AI and Automation. Other countries will race ahead according to the Technological Singularity Curve, so harsh governments to dictators punish their own people and delay the benefits of increased automation and UBI because they are held up doing everything manually and dependent on hand out from those who control the cash.

16. Printing money is not an option to pay for UBI. There is no shortage of paper, so we can print money no problem, but there is no value to it. The purpose of money is to give with one hand, take with the other, and limit the amount in circulation so that useful work can get done in a fair exchange. If there is UBI, then all the products of automation can be bought because everyone has money to buy products. The more AI and Automation, the better the quality of the products on sale, and the lower the prices. So your order books are full with customers if your product is better than anyone else's. That is incentive for anyone with ideas to start a new factory, and work harder to produce better products if you want more disposable income than what UBI provides.

17. If you a geek, or a government governed by geeks, you can automate faster knowing that UBI is there to ensure that products of automation can be bought by everyone if it has value. This is yet more fairer society than any politician may dream of but that which geeks will deliver with the rapidly approaching Technological Singularity. The total money changing hands is about $3000 per person per year average across the globe. If 10% of it is taken as sales tax to fund UBI, the amount of $300 per person is not enough to do anything. Unless techies engage with automation to bring costs right down so that $300 is all you need to live out a whole year. This is doable as increased automation takes hold and more things become lower cost, and automated. At present rate, what the $300 will double in effective value every 18 months, so by year 12, its purchasing power is effective as $4800 today - which is far more than $3000 average a person handles today - which means by about 2030, in line with Ray Kurzweil prediction, UBI is totally obligatory and affordable for everyone. In that era, instead of paying $10 for a taxi ride, think of $1 self driving taxi ride. Keep extending the automation in all directions. In the future, if you need a blood test, get a robot to do it for $0.1 and push down costs really hard through automation. If you need an ambulance, could a self driving ambulance with robots arrive and patch up a broken leg and drive you to your house and put you in bed and leave a monitoring device with you for $1? If the answer is no, then think of ways of making it happen! That is how UBI will be delivered by techies and not by politicians. Politicians should know their place and ring in this new era by funding deep automation. They should not actively engage in politics that steals money from rich or poor to fund UBI. Politics of UBI should be strictly disciplined. UBI should never be connected to status, rich or poor politics. That will never work, and it will NEVER EVER deliver UBI. The real work is billions of hours in deep automation and nothing per se to do with standing on a podium venting politics and hot air.

18. If you are technologist making the next generation of 3D printed houses, driverless cars, trains, trucks, planes, delivery robot, warehouse robot, or an automation expert trying to double the speed of a machine, every one of you would feel safe knowing there is UBI available because your work can then proceed at its expert pace increasing ownership and equality by reducing cost of products without having to deal with the fall out of throwing someone out of work and into real poverty because UBI was there to take care of them.

19. With increased UBI and increased AI and Automation, there will be more people with more ownership of more products all over the world. That is an absolutely more fairer world than anyone had dreamed about, less places where regulations to politics and corruption hold back people from a more free and fair world away from greatest possible ownership. The more we can demonetize services in this new world from transport to health care, the more richer everyone will become more quickly leading to more ownership and doing more grand things that comes with more ownership and access to greater services.

20. The changes are coming more quicker than ever, but reaction from media, political systems and other incumbents of the old ways will try their best to slow down changes, and their efforts will become as futile as ever. The Technological Singularity Curve simply move the benefits to elsewhere in the globe, and continue the relentless pace forward.

21. Left and Right politics will not work in the new era. Ideas such as taxing the rich (Left), or you are using something so you should pay something for it (Right) are invalid. Taxing the rich is same as printing money and a lot easier because far less paperwork involved. If everyone has more money, then prices simply keep going up with hyper inflation because there is no one doing the work. And therein lies the answer why taxing the rich is not a solution. Money has a purpose. And the purpose of money is to give with one hand and take with the other and limit the amount in circulation so that useful work can get done in a fair exchange. A lot of what is measured as money is not directly held as cash - but given a value. This again is easily confused by the Left. Apple is worth a trillion dollars in value (2018), but if all of that is sold in one day, it would be worth a couple of billions in cash and not the 1 trillion in valuation. So taxing 'rich' companies based on their valuation to bring equality is not a workable idea either. Likewise if you are using the health service then you should pay something for it (Right) is not a good idea. See for example the utter failure of education fees. Complete rubbish burdening students with debt before they even get off to work. Like all essentials, health care is also an essential. When you get sick, it could cost $500,000 to fix you, or $50. There is no way someone can pay back $500,000 if they are just an ordinary person with normal wages. And denying someone health by $50 is not workable either because they are more than likely to go on with the injury and make it worse until it is a $500,000 issue (or they simply die from their injuries). Denying care when it is needed most, and/or in small amounts for seemingly insignificant benefit for society costs are immense amount to fix. So we should continue to increase automation and AI to bring best health and not charge for it which makes us all wealthy regardless of belonging in the Left camp or the Right camp. Likewise, taxing the rich is not a solution, instead spending high amounts on AI+Automation to dish out the benefits of what money may buy by cheapening production is the right way forward. If we could all eat a well prepared North Indian Biryani dish prepared by robots and handed out for free, then whether you are Left or Right, or rich or poor you will eat the same amount and be content in the same way. What we need to do is increase the numbers of robots and systems that perform desirable tasks until all our reasonable wants and desires are fulfilled every day by extending the Biryani robot example. Years ago, this scheme would be deemed charity, but with rapid on set of Technological Singularity, there is no charity to speak of because techies have made it all possible for absolute minimal cost through extending AI + Automation and cheapening everything in every direction. It is not charity, and it is extensible. So we should all have 3D printed houses each, we should have full free medical care, we should have good food, we should have a good amount of water, heating, light, clothing etc. So in about 17 years, the ideas of Left and Right of keeping scores and settling scores will fail and we will have a better world because of it. We are only limited by our imagination after 2035 as to which direction we want to go in. More than likely, all directions are possible by forming smaller and smaller self sufficient communities where wants and desired are serviced with different ideals. If you end up in a good community, you will go on to do great things. If you wash up in a bad community, your achievements won't record as being great on any scale as its leaders and oppressors keep you in check to serve them despite all the robot and automation abundance.

The precise mechanism of political failure is looking easy enough to predict. It seems there are two ways. As we approach Technological Singularity, local communities will simply become more autonomous and self sufficient through use of technology such as greatly evolved versions of blogs, wiki, real time transcription, real time voting, AI based smart city planning etc. The ideas of central governments and over reaching political influence and unaccountable controls will break down with it. Central governments and their politicians clutching to power will have less power and influence over the autonomous communities and the power to dictate terms for everyone. Straightforward majority rule would be washed away by numerous parties aiming to take control and impose minority rule. The few that have set themselves up as central government of the day will simply not be able to absorb the great number of projects undertaken by each community and rule over them by handing down new rules (particularly funding rules). There is no point. They are likely doing well on their own! So if a local state decided to 100% fund a chip factory, it will happen with no way for central government to intervene. Central government will be in a state of uncertainty constantly trying to discover what is happening in their country because change is too much and too fast. The purse strings would not be controlled centrally. So whatever those in power in central government say or do, everyone will choose to adopt or ignore central government dictates as they please, mixing in good ideas from local ideas. This will continue until such time as central government becomes just a token gesture.

The second way is for centralizing government to be replaced with separation of state from civic functions. Normally government of the day takes control of defense, social security, housing, etc. So one party takes control and may excel in some departments but fail in others. To avoid inflicting damage from bad governance, each department will have its own separate elections controlled by everyone using Internet to send feedback to their elected officials who will obey the wishes of the people otherwise risk being ousted in the next election. Simple items such as department for railways, department for roads, department for planning applications are easy to separate out and let the people control their own fate. For more complex items like defense, all the different areas are merged into three or four core departments. The idea of separation of state from civic functions is to allow different optimal solutions control each department. So if the department of communications decided that it is time to roll out Internet of Fiber nationally, then it would not be impeded by politics of the state which may hold a different view such as confiscating the cash and spending it on health care. In this new world, the health care system would be able to authorized themselves extra funds by raising taxes if that is what the people wanted.

22. The way to keep democracy in check for 2035 from graft, corruption, lobbying and influence peddling is further the fusion of Internet with political systems. All debates should be transcribed in real time by AI + Automation into wiki so that the entire public is aware of what is said without delay. The public will have equal access as do lobbyists to put in comments that the politicians and those who keeps checks on facts can monitor and respond in real time. It makes it harder and harder for anyone to bypass scrutiny and do back room deals that affect the outcome of a vote. And if someone is speaking, then any donations and influence that that person is representing should be visible in the wiki so that when decisions are taken, we know why the vote went the way it did. A lot of it may be good, and equally a lot of funding of this type is badly intentioned. Needless to say, if someone is just taking money to steer decisions, then they are unlikely to be re-elected as no one will trust them. So it could be that political systems will run into shorter terms such as 30 days because everyone is aware of their representatives and are not hesitant to give that person another 30 days.

23. In this bright new world of UBI, money will be printed as usual but its value is backed up solidly with AI+Automation limits. More of it becomes available with more automation. Work will always exit. Everyone has money to purchase the products of automation even if they are not working. You can still work to get more pay, and become rich if you are in demand. This could be doing a concert by an artist or it could be programming for improved AI, robotics and automation. In the near future, no one is born and destined to live out their life in idleness while the rest of us do their work. The concept is meaningless as automation does that work and it is gifted to the world by geeks who make the world a better place through increasing automation and eliminate drudgery of every day work. There are machines that automatically plant and harvest food. There are automatic driverless lorries arriving. There are robot delivery buggies out in the streets delivering. Very soon, the whole process will be fully automated as geeks infuse AI with automation. Soon you can have a free cake and eat it and not be afraid someone is keeping a tally. The new world with automation and AI is moving on from the old world of keeping tallies and noting what is fair share into a world where a lot of things are largely free and more of it free as time goes by, all powered by AI + Automation.

24. What about “other political projects” like schools, hospitals, aged care, pensions, child care, welfare, roads? Technological Singularity will increase AI+automation to unlimited levels, particularly caring for elderly, building roads, hospitals and schools. Schooling will also improve with AI. And UBI replaces all welfare. This includes childcare - UBI is for everyone including children (parents decide how its spent but cannot draw on it). Retired get it for their own care as pensions, as well as increased automation and AI+Automation diagnostic tools that bring benefits without overcharging for the service, to extend life as far technologically feasible freeing up more people to do their own work instead of being paid to care for someone 24/7. And there will be even more technologies that we can't imagine fully now such as conversational technologies that engage with minds no matter what age the person is to make life more meaningful and stop loneliness by connecting with others automatically to make friends and engage in social activity with real people of a like mind.

What about politicians who run UBI experiments? Definition of insanity: "Doing the same thing over and over again expecting different results." - Einstein. If history repeats itself for politician, then we know from their previous experiments, it will usually start with shaky funding. The money is limited. The timescale is limited. Then the selection process is limiting to just a few people who are magically more eligible for this type of 'UBI' than others. And then great stories will be told in the press. And even greater objections will be raised. Until finally the money runs out. And the project is shut down. To the great relief of media and politicians. Politicians to media are not the best people to deliver UBI. Take a look at the graph above and see that it is the techies that deliver UBI. That is why the politician will NEVER EVER NEVER NEVER deliver UBI. The humble techie will increase automation to such an extent that companies will find it best to pay the UBI from sale tax so that people may consume the products of automation. Make sure you know who your heroes are before entering debate.

As well as politicians, from bankers to economists, there is not a single ounce of talent out there to deliver UBI. It will be techies that deliver UBI. While it is coming through, we can imagine bankers to economists becoming slow to react, and/or react in an adverse way. For example, negative interest rates to stimulate inflation is implemented without understanding what is actually happening. Automation is making everything cheaper, reducing inflation and fueling the need for UBI. But introducing negative interest rate to combat reducing inflation is a way of throwing away money and effectively the resources behind that money that could have been given out as UBI!! This won't be the first or last example, but they can be collated, and collectively described as policies and politics rolled out to combat the roll out of UBI. The policies and politics will increase in severity wasting huge amounts of resources until something has to give and UBI is finally rolled out as the correct solution.

UBI will free women to be equal as men from day 1 and do more interesting things for themselves and family. It should close the gender gap considerably. But there will be no end of excuses forcing women to hand over their UBI to men, or their children's UBI to parents. To that end, strict laws need to ensure UBI is spent at one's own will and that the cash belongs to the state and that it cannot be commandeered by anyone under the cover of parenthood or marriage. Children's UBI is spent on their behalf and cannot be drawn on by parents. Likewise, a woman can spend her UBI as she wishes and cannot be drawn on by their men. It needs to be the strict law preached by the state and all religions must conform and preach the same message or be prosecuted and face bans. There will be an endless stream of innovation to grab women's UBI. The law needs to be endless in checking and ensuring that UBI is not being stolen from one person to the benefit of another. To make sure it does the work, if the state machinery didn't check UBI was reaching the person, then it is obliged to refund the missing amount. This is to ensure that the state machinery works with incentive to correct abuses. Those who steal the UBI would face criminal charges and confiscation of any of their built up wealth and assets. The criminal record would mark them for decades as UBI thieves so that others may act appropriately around them. A public web site hosting all the latest means of stealing UBI should be kept along with names of organizations and individuals promoting the theft. This is to name and shame and for civic authorities to respond sooner than later with best practice.

25. What about those needing welfare when UBI is signed away to pay debts and other commitments legally? The answer is that for UBI to be meaningful, it is fully ring fenced and no exceptions. A person should be able to go to his or her account and draw on the UBI without an industry growing up around it claiming that that cash is theirs. If a person is physically unable to draw on it, say they are in a coma, then the money will just sit in the account and the state will take it back and give it to others if it is never drawn. The moment a legal exception is made such as handing over control of UBI of a mentally ill criminal serving time to another person, there will be an industry growing around it. If a person who receives UBI is unable to draw on it, then the state will simply keep allocating the funds until a day arrives when the person needs to draw on it or if they perished, then it is taken and given to everyone else. Someone who is say too old and of not sound mind, will simply be looked after by the state in all other ways that the state allocated resources permits and which is paid for by tax payers. The costs cannot be mitigated by taking it from UBI - otherwise another industry will grown around it taking money from pensioners who are not of sound mind. There will always be screaming institutes to public opinion surveys that claim support for un-ring fencing UBI. No matter what legal challenges are made, no exceptions are allowed to prevent further challenges and the wholesale arrival of industries designed to take UBI before it reaches the person it is intended for to recreate the poverty and mess of keeping people off the consumer society. UBI is there to allow everyone to consume the products of automation and if a person is physically disconnected from their UBI by any form of false imprisonment, coercion to buy drugs and alcohol etc for someone else, or encumbrances both legal or illegal, then that person's UBI is effectively stolen and being used by someone else for their own personal selfish gratification. There should be education in place to make sure everyone knows that it is wrong to even mention another person's UBI in lieu of any debts or services. That no one may legally promise to dispense their UBI under duress or any other condition to another person or entity. The UBI belongs to the State and it is the rule of the State that UBI is a personal cash for consumption and it cannot be used for any other purpose by any other structures put around it no matter how clever the arguments are for intercepting that UBI cash before it reaches the recipient or shortly after it through coercion and encumbrances.

Prisoners will get also it. They use it to manage what foods they buy, clothes, books etc (sold to them at the same price as everywhere else and not at illegal inflated prices) and not be dependent on the state for everything. And if they manage to save, they can start a better life when they exit instead of hitting the streets empty on day 1 of release.

26. Weak governance will always find a way to intercept UBI, dilute its value and reduce the numbers eligible pointing in numerous directions with just cases and examples of why UBI should not be dispensed to someone equally as well as another person. To make governance is strong, every political party should reserve the right to ditch any scheme that intercepts UBI paymenst, dilute its value and reduce the numbers eligible the moment they return to power. This is to make sure that whatever weak governance brings in with changes to UBI, they can look forward to having it dismantled as soon as their term in office is over.

27. UBI gets rid of unemployment, pensions, childcare, and many other labels and makes all citizens equal without labels. But as always some are willing to prove they are more equal than others and find value in labeling others. So UBI regulations always need to watch out how they are being undermined.


AI Based Currency and Cash Flow Modeling

  • The Technological Singularity will arrive by around 2035 and all its benefits such as UBI, and technologies such as AI + Automation, will arrive with it somewhere in the world no matter who tries to oppose it.
  • Based on these assumptions about a future world, we can model it with currencies and cash flow.
  • We use AI to model out the finer details such as local wars, natural disasters, and political turmoil to see how much harm it brings and to whom and thus what needs to be done to mitigate it.
  • AI will lead from the front with the modeling by sketching out the scenarios, tuning it with different perturbations and then report on the best course of action.
  • When the globe is modeled this way, there is bound to be bias to try and convey advantages to one group of people over another and the justifications will be as old as religion and politics.
  • Instead we need to move to a model the world where all people are treated equal including those who feel the need to be more equal than others and put in challenges to take society to next level.
  • We don't need to be vague about 'next level'.
  • We fund the setting up of online voting systems for all and let the people decide what is next level and achievable over 1 year, 2 years, 3 years and so on.
  • So if a suggestion was made that we should switch 5% cars to electric, and everyone keeps voting up the issue, AI can step in with quotations and estimates and the total budgets available to show the whole crowd how this might pan out.
  • In a very short step, we moved away from political debate to AI as the chairman of the crowd helping people debate out their desires.
  • This is not a future vision the politicians will want to participate in.
  • More than likely it will undo whole empires built of power and privilege based on current political theories about governance and subjugation.
  • By magic, traditional politicians will turn to the new media or "Political Ad Agencies" as they are now referred to, to beam message to gullible voters hoping to steer voters their way.
  • The fatal flaw here is that what the politician will sell is just ad hoc randomly imagined benefits while its competitor driven by AI and online voting and debate has involved a lot more people and has found a better solution with a lot more eyes sifting through a broad spectrum of issues that a lone politician or politically motivated group is unable to match because they chose not to engage in the debate at the time it was being conducted.
  • The pressure to participate and get things right will be overwhelming while the pressure to block these kinds of systems from taking off will just allow it be set up elsewhere instead of your own country and thus the benefits delivered to other countries, while your own country doesn't receive any benefits, and ultimately will be forced to copy the same system having lost time and benefits in the process.
  • If we can model currencies and cash flow down to individual levels, we will also be able to see how people are losing their money. It could be drug addiction, it could be exorbitant rents, it could be unfair hiring practices. Then we can tweak the models to see what can repair it. Ultimately, we will also model in taking VAT or sales tax and using that for UBI.
  • Imaging how this system might work in a fair way with the help of AI to roll out UBI.
  • AI can model the fact that you are say a graduate working in a cafe with unfair hiring practices because there is no other job available. The AI could read your blogs and contributions to society and it could decide to give just you the benefit of the doubt and give you a form of UBI where you do not need to work. AI hunts for key words, likes, and other marks you are collecting to sift out fake contributions from good contributions. The expectation of giving you UBI is that you would do whatever AI thinks is beneficial. This may mean you engage more by buying goods and making prototypes which others enjoy reading and commenting on. You make the world a more pleasant place by not being forced to serve tea, and instead start making gadgets and blogging about it.
  • We are only at the cusp of being able to do this at the moment. But capabilities are doubling every year and halving in cost. By 2035, all the benefits would be here. We cannot ignore this future. Social media companies can create this future outside of any political system. Startup social media AI companies that are worth trillions in the future can begin to make these kinds of full on AI engagement systems as described today. The winners will be companies that make these systems happen and better things such as evaluate its decisions every day to make things even better such as creating social gatherings where people of like mindedness are invited, mix and generate new opportunities for each other in ways that can be measured to keep on scaling up each person's achievements.
  • One way to see how this might work - imagine a new social media start up funded by $120 billion by investors who then go on to hire 1 million people for 10 years and give them UBI at $1000 per month. The profit motive lets say is that they set up an online retail outlet that allows all of these 1 million people to sell the products of their imagination through that portal. Whether its the latest in fashion, or just buying from the store from others, a commerce system is generated. Any profits generated is used to pay back the $12 billion first and anything else (less 10% dividends to shareholders) is re-invested in giving out more UBI to more people. A profit of $120,000 per person is collected before a new person is enrolled for 10 years. If the system seems to be working well, governments will move to invest giving more opportunities for more people without they themselves having to get involved in the micro management of these systems. Governments can slowly allow itself to demonetize such as allow the company to keep the VAT (sales tax) and allow their AI system to redistribute VAT as UBI without government involvement in micro managing the details.
  • The future is not fixed. The Technological Singularity Curve shows the future is not determined by religious, military, politicians, kings, nobles, the rich, the powerful or the media etc because it hardly flinched when WWI and WWII was raging. They were never the world's heroes. It is the humble geek that is the true hero of this world we live in, and who delivered on all of the riches that we enjoy today. Today there are billions of mobile phones, and placing it in the hands of a person in deepest darkest Africa allows that person to be as powerful and connected as any President of any country 20 years ago. This rate of technology empowerment is accelerating doubling in capability and halving in costs every year to 18 months. We need to absorb this detail and push for a better future based on technological advances that are possible. But most of all, we need to understand who our real heroes are and if we know our true heroes, we should ask them to provide us with best future. The AI would be far more accountable and fair because it has the resources to evaluate every eventuality unlike a small group of people who take on the office of government but who won't have the resources to micro manage every person through every detail.

  • We take a deep interest in AI + Automation and UBI because we hope to be delivering 3D wired Hypercube Data Centers for AI machines powerful enough to store human mind and simulate entire brain. This all down to rapidly approaching Technological Singularity, and with it UBI to bring forward all the benefits of automation which is cheaper goods and customers with money in the form of UBI able to purchase the products of automation.




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Page last modified on October 08, 2018, at 08:07 AM