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Tesla boss Elon Musk backs a 'basic income' for everyone because robots will take away our jobs…[tr]
Daily Mail (UK) ^ | 07:44 EST, 15 February 2017 | Kelly McLaughlin

Posted on 02/15/2017 5:50:03 AM PST by Olog-hai

Tesla CEO Elon Musk has doubled down on his support of a universal basic income as a possible solution for unemployment caused by the rise of machines equipped with artificial intelligence taking over the workforce.

A universal basic income would give a standard amount of money to every citizen to cover basic expenses like food and living costs each month.

At the World Government Summit in Dubai on Monday, Musk told a crowd that universal basic income is “going to be necessary” in the future.

Musk first joined the growing list of tech executives supporting the payment system in November when he spoke about the concept in an interview with CNBC.

Former President Barack Obama warned Congress in March that by 2030, as many as 50 percent of jobs could be replaced by robots, leaving millions of people without work. …

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Society
KEYWORDS: basicincome; musk; robots; socialism
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To: doug from upland

False comparison.

History’s littered with false prophecies, remember. It takes people’s minds off the real prophecies.


41 posted on 02/15/2017 8:17:20 AM PST by Olog-hai
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To: Olog-hai

This will only work if they can get the Robots to pay taxes! Else who is gonna foot the bill?-)


42 posted on 02/15/2017 8:44:25 AM PST by Harpotoo
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To: Olog-hai

Another big problem is that robots do not pay Income Taxes.

That revenue will have to be made up from somewhere.

That means higher income taxes for human workers, and that will lead to a greater incentive to deploy more robots that do not pay income taxes.


43 posted on 02/15/2017 9:12:52 AM PST by Timpanagos1
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To: Harpotoo

You.


44 posted on 02/15/2017 9:13:21 AM PST by Timpanagos1
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To: Travis McGee

45 posted on 02/15/2017 9:18:15 AM PST by TADSLOS (Reset Underway!)
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To: lodi90

Let’s start with redistributing all of his money.

You mean the gubamint subsidy funds he has used to build his empire??


46 posted on 02/15/2017 9:26:41 AM PST by NormsRevenge (Semper Fi - Monthly Donors Rock!!!)
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To: Olog-hai

“A universal basic income would give a standard amount of money to every citizen to cover basic expenses like food and living costs each month.”

If that’s all I get, how am I going to afford all the robots I will need to wait on me hand and foot? I’m going to need a lot more than the “basic” plan. This is tyranny.


47 posted on 02/15/2017 9:44:15 AM PST by SharpRightTurn (White, black, and red all over--America's affirmative action, metrosexual president.)
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To: Olog-hai

I too find it difficult to imagine the role of citizens in the future as robots and automation do more. But I think a way would be found. When the industrial revolution hit the US, America did what the Continentals thought was impossible. It provided higher wages than in the UK or Europe and still had a growing economy. Europeans thought that was impossible.


48 posted on 02/15/2017 9:47:16 AM PST by Sam Gamgee
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To: Gulf War One
There is no understanding leftist thinking. Illegal immigration pretty much destroys any minimum wage arguments. Employers will just hire illegals paying them 1/3rd minimum wage.
49 posted on 02/15/2017 9:48:58 AM PST by Sam Gamgee
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To: boycott

Absolutely! Musk is the WELFARE QUEEN of Techies and “Entrepreneurs”. What he really is —a dilettante. Or, if you prefer,a gadfly but one who is a genius at getting the gullible Govt to give him multi-millions of dollars—OUR dollars. If we all get this “fabulous” basic income, where is the money to give to him for his hobbies? Looks like he didnt think this one thru very far—gadfly indeed


50 posted on 02/15/2017 10:11:55 AM PST by AtlantaBelle
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To: TADSLOS

Yup.


51 posted on 02/15/2017 4:42:25 PM PST by Travis McGee (EnemiesForeignAndDomestic.com)
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To: Olog-hai

You know what’s amazing? People keep saying he’s smart.


52 posted on 02/15/2017 8:54:58 PM PST by Trillian
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To: Olog-hai

not sure what will happen to humans, but robots or synths will eventually become smarter than humans. They will be stronger have better eye sight and better in a dozen other ways. When they can design and manufacture themselves they won’t need humans

https://www.c-span.org/video/?326298-1/martin-ford-rise-robots

https://www.c-span.org/search/?searchtype=All&query=Artificial+Intelligence


53 posted on 02/15/2017 8:59:23 PM PST by morphing libertarian
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To: morphing libertarian

Machines made of iron are always stronger than humans, but minds? not happening, especially with the GIGO principle. AI will always be less perfect than its creators, and will never have an actual sense of good or evil; might even blaspheme God more readily than us.


54 posted on 02/15/2017 9:04:28 PM PST by Olog-hai
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To: Trillian

They still say Obama’s smart too.

Nothing new with the left, who thinks that Marx was the ultimate genius.


55 posted on 02/15/2017 9:05:08 PM PST by Olog-hai
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To: Olog-hai

I believe robots will become more common in homes and at work. They will serve people and be programmed not to harm them.

The issue will be how far will we go with artificial intelligence. There is no sign man will stop inventing. We push ahead and social and governmental mores slide behind. Look at stem cells now and private space travel. What are the rules and ethics. Slow coming.

IMO synths will become sentient and then conscious and they will be better thnn humans in many ways and there will not be a worldwide commitment to stip it from happening until the synths will have the ability to take over.


56 posted on 02/15/2017 9:07:48 PM PST by morphing libertarian
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To: morphing libertarian

Sapience has a spiritual element.


57 posted on 02/15/2017 9:15:25 PM PST by Olog-hai
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To: Olog-hai

I’d happily back a basic income to replace the tangled morass of a welfare system that we have now. And trying to ignore the fact that there is going to be a substantial amount of native-born Americans that automation will permanently unemploy is like ignoring the sizzling fuze on a keg of powder.


58 posted on 02/21/2017 4:49:40 PM PST by Laser_Ray
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To: Laser_Ray

>I’d happily back a basic income to replace the tangled morass of a welfare system that we have now. And trying to ignore the fact that there is going to be a substantial amount of native-born Americans that automation will permanently unemploy is like ignoring the sizzling fuze on a keg of powder.

England tried it. Led to a massive amount of violence among the poor who didn’t need to work so they got drunk and started trouble. If you’re going to give people welfare you need to make them work for it.


59 posted on 02/21/2017 4:51:29 PM PST by RedWulf (TRUMP TRUMP TRUMP!)
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To: RedWulf

‘Fraid we already have that too with said tangled morass.

Now do understand I don’t LIKE this idea straight off but if a straightforward “basic income” throws out the whole convoluted welfare system we still come out somewhat ahead.


60 posted on 02/21/2017 4:58:28 PM PST by Laser_Ray
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