exanime , 2 months ago

There is zero chance any UBI model would keep the economy going in a mass layoff scenario UBI may keep people alive for a short while (few years) getting the basics needs but that’s as far as it would go.

In practice, it will likely lead to periodic job market crashes due to overapplying to the remaining jobs, and possibly even revolts.

This is likely the mildest of outcomes

If AI is really as good as its evangelists claim, and the technology ceiling will rise enough. IMHO, even the LLM technologies are getting exhausted, so it’s not just a training data problem, of which these AI evangelists littered the internet with, so they will have a very hard time going forward.

100% agreed. AI evangelists overhyped “AI” to get companies to commit more money than it’s worth through FOMO. Exact same way CVS lost its panties to Elizabeth Holmes