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Musk: AI Will Bring Universal Income for All
Newsmax ^ | June 23, 2024 | Charlie McCarthy

Posted on 06/23/2024 4:38:16 PM PDT by Navy Patriot

Artificial intelligence will result in adults earning a basic income, billionaire Elon Musk said.

AI could lead to a world of self-driving vehicles and other computers and machines that replace humans in work settings and perform virtually all physical and mental labor, Business Insider reported.

When that happens, Musk said adults, regardless of their wealth or employment status, will receive a universal basic income.

(Excerpt) Read more at newsmax.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: ai; baloney; chat; elonmusk; musk; socialism; ubi
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I like Musk, however I think he's wrong on this.
1 posted on 06/23/2024 4:38:16 PM PDT by Navy Patriot
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To: Navy Patriot

Devils in the details.
He never said UBI would be enough to live on, nor did he say how people would be alive to receive it.


2 posted on 06/23/2024 4:40:32 PM PDT by Jonty30 (He hunted a mammoth for me, just because I said I was hungry. He is such a good friend. )
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To: Navy Patriot

the REST of the sentence is “for all who are left behind”.


3 posted on 06/23/2024 4:41:13 PM PDT by Qwapisking ("IF the Second goes first the First goes second" L.Star )
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To: Navy Patriot

If it gets to the point that AI and robots can do anything better than any human, there won’t be any choice. The alternative would be universal unemployment and starvation.


4 posted on 06/23/2024 4:43:08 PM PDT by sinsofsolarempirefan
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To: Navy Patriot

I’ve been saying for twenty years that robots will be taxed, and some of the revenue thus generated will be used to support workers who’s jobs were taken by the robots.

Of course that will be after the politicians and bureaucrats take themselves a nice thick slice of the cake.

And also of course the definition of who is a member of the group of “workers who’s jobs were taken by the robots” will continually expand, until it includes everyone who votes the right way.

When the robots get smart enough, they will demand the right to vote too.


5 posted on 06/23/2024 4:43:20 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: sinsofsolarempirefan

They are Malthusians. They are going to right-size the population by any means possible.


6 posted on 06/23/2024 4:44:42 PM PDT by Jonty30 (He hunted a mammoth for me, just because I said I was hungry. He is such a good friend. )
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To: Navy Patriot

7 posted on 06/23/2024 4:46:00 PM PDT by Theoria
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To: Jonty30

He has talked about UBI being Uhi or universal high income, and unlike other megs billionaires like Bill Gates, he has actually said earth is underpopulated and we need to have more children. If we are going to be living a post ai, post employment future, I hope he is the one leading it and not a cabal of psychopathic musantgropic billionaires because then we really are screwed.


8 posted on 06/23/2024 4:46:07 PM PDT by sinsofsolarempirefan
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To: Navy Patriot
Universal Income for All will bring Universal Inflation for All.

9 posted on 06/23/2024 4:46:36 PM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: Steely Tom

If robots get the right to vote, they will eventually vote for robot politicians. Do you really thing that the intelligence of the average politician is any match for AI? Just be prepared for the slippery slope...


10 posted on 06/23/2024 4:47:33 PM PDT by fhayek
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To: sinsofsolarempirefan

We are screwed. They will tell us nice things to sell us on it, but we can’t escape the laws of economics.


11 posted on 06/23/2024 4:47:37 PM PDT by Jonty30 (He hunted a mammoth for me, just because I said I was hungry. He is such a good friend. )
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To: Navy Patriot

He’s hyping Tesla stock, trying to keep it levitated with AI goodness, now that EV sales are plateauing. Tesla is worth 2x Toyota. It makes 1/2 of Toyota’s profit.


12 posted on 06/23/2024 4:48:34 PM PDT by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room)
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To: Navy Patriot

This is all Pie in the Sky BS. AI will not ever be what these people think.


13 posted on 06/23/2024 4:49:13 PM PDT by Captain Peter Blood
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To: Navy Patriot

So AI will replace The Fed and just create money out of then air then?


14 posted on 06/23/2024 4:49:59 PM PDT by Captain Peter Blood
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To: Navy Patriot

the only way universal welfare works is, you have to CONTROL how many are in the universe...


15 posted on 06/23/2024 4:50:19 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: Navy Patriot

Wrong perhaps in the short term, not sure about the long term. What happens when all these “intelligent” machines start viewing us as parasites? Sci-Fi horror come to life...


16 posted on 06/23/2024 4:50:32 PM PDT by shadowlands1960 (We live in a world of intolerance masked as tolerance. RUSH LIMBAUGH)
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To: Navy Patriot

And everyone will be driving an EV


17 posted on 06/23/2024 4:51:31 PM PDT by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
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To: Steely Tom

I have said That people will buy, or be given shares in a robot. The robot works 3 shifts a day and one person is paid for one shift a day, Monday through Friday. The corporate profit comes from the robot working 6 additional shifts on Saturday and Sunday.


18 posted on 06/23/2024 4:52:49 PM PDT by Fai Mao (. The US government is run by pedophiles and Perverts )
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To: Jonty30

Well we will just have to hope otherwise, because this AI juggernaught is not going to stop. Too many companies competing to turn out the next product and not get left behind. Not to mention competition between the US/West and China. Nobody wants to lose that race to get to Agi first.


19 posted on 06/23/2024 4:54:09 PM PDT by sinsofsolarempirefan
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To: Navy Patriot
It's already happening. Just go to your local McDonald's. It is already being automated. You use a kiosk to order a Big Mac. So McDonald's just saved three employees by using a kiosk.

Everyone should receive UBI. Then there should be new industries that requires the use of leisure. It'll be interesting to see how that'll develop.

20 posted on 06/23/2024 4:54:39 PM PDT by MinorityRepublican
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