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Billionaire close to tears amid fears of "lefties" like AOC, Bernie Sanders
(www.newsweek.com)
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this post was submitted on 09 Sep 2023
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Politics
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I agree.
I don't really believe AI is going to come for that many jobs ... at least not in its current generation/family. It's more of a story teller than a serious threat (it's like a robot that builds caricatures of products that occasionally are correctly assembled).
That said, I'm not entirely opposed to a universal basic income or a universal supplementary income (a point my father made is that rather than trying to raise the minimum wage, why not progressively subsidize people below a certain threshold).
Personally, I'd prefer to see the efficiency gains result in a 3 or 4 day work week for most people. Lots of people would decline without anything to do and society in general could miss out on some great minds that instead of creating simply consumed.
Yes, I think we should already be at a 4 day work week for many jobs. If you look at productivity and efficiency growth since the 40 hour work week was invented, it's off the charts.
However, that's one of the problems with unbridled capitalism. The market demands constant growth, which is hard to sustain and doesn't reward easing up on employees.