UBI Works 🇨🇦

We interviewed Geoffrey Hinton, Nobel Laureate and 'Godfather of AI' on job automation and his support for UBI Here are some highlights (0:00) Job Loss Threat (1:44) UBI: Necessary but Not Enough (2:45) Wales UBI Pilot (4:13) Tech Leaders Back UBI (6:08) Hinton's Reply to Yann LeCun (6:54) Taxing AI for UBI (7:22) UBI Models Explained (13:57) AI Could Automate All Jobs in 50 years

Dr. Tony Annett, economist, author of Cathonomics, ex-IMF

UBI from sovereign wealth funds, like Alaska's dividend, is elegant and practical. If AI does the work, the public should get dividends.

🚨WATCH: Former President Obama on UBI

The business case for basic income is overwhelming.

For education, research, and analysis purposes only. It's clear their model is trained on tons (if not virtually the whole universe) of copyrighted material, while models generally are trained on the works of humankind. It's an overwhelming case for UBI and AI dividends.

Agriculture is being taken over by robots that don't sleep or need supervision 24/7 harvesting at scale changes the economics of the entire food industry, including potential for cheaper food A future of abundance should have UBI and sharing the fruits of technology

"The fruits of the AI infrastructure era are not the outcome of individual companies alone, but are built on the industrial foundation that the entire nation has accumulated over the past half-century," — Kim Yong-beom, presidential chief of staff for policy

“Whether they ran for political office or started a side business, people worked more than ever and actively engaged with their communities. Economic freedom turned into all kinds of other freedoms: time, pleasure, joy and connection.”

The Tyee's home run on UBI 💯 "Economic freedom begets more freedom... basic income didn't bring on a golden age of laziness; it did the opposite." "Economic freedom turned into all kinds of other freedoms: time, pleasure, joy and connection."

In the 18th century, common land was seized for private gain. Today, it's a double enclosure: 1️⃣ Private firms profit from public-funded research. 2️⃣ AI is trained on our collective data 'commons.' We aren't asking for a handout; we're asking for our share.

Alberta wants to build up their Heritage Fund to $250-400B by 2050. The right thing to do is pay everyone Alaska-style dividend cheques, for a very simple reason: it creates the missing link between citizens and their rights & duties as stewards of a shared natural inheritance.

Vinod Khosla on UBI

In BC, a land value tax could replace - provincial income tax - provincial corporate tax - municipal property tax - speculation & vacancy tax and still leave $10B to fund things like a basic income. We'd have cheaper homes and a more productive economy.

To stay competitive, humans must perform on par with agents or be proficient in managing agents.

❌ Myth: Guaranteed income creates a disincentive to work ✅ Reality: Guaranteed income actually helps people find suitable and sustainable work that leads to more stable employment:

This is the text of the open letter signed by over 1,200 economists from 125+ universities in May of 1968 in support of a nationwide guaranteed basic income.

For education, research, and analysis purposes only. It's clear their model is trained on tons (if not virtually the whole universe) of copyrighted material, while models generally are trained on the works of humankind. It's an overwhelming case for UBI and AI dividends.

This was made with 0 humans Just an idea and a prompt to create what used to take millions and multiple studios We're gonna have to rethink job and income security across every sector

Can you imagine, this was nearly 60 years ago:

The Canadian Chamber of Commerce endorsed basic income, because it's good economics.