@Mkearney1177 @kingclassius @rationalaussie That was from people being locked in their house not because they got a 2k check
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GottaGoFast
435 posts
@kingclassius @rationalaussie Is that why suicides, overdoses, and chronic disease skyrocketed?
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I think people would sooner revolt than accept this as their destiny, and I think that tech bros deeply misunderstand the human condition.
Elon Musk@elonmusk
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
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@ThePholosopherX This isn’t taking money from other people and redistributing it, this is taking money from Ai, complete difference
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You can't fight socialism by becoming a socialist, Elon Musk.
Elon Musk@elonmusk
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
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@MJTruthUltra They will want it when they don’t have a job that’s the point
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Elon Musk:
“We'll have universal high income. We're basically just issuing money to people
The People:
We don’t want it though
Elon:
But The output of Business Services will so far exceed the money supply
The People:
But we don’t want it though
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@LiveFreeBTC You would be making more than the people that aren’t working because you would be getting UBI plus a pay check
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A couple questions:
If my job isn’t taken by AI, do I still have to work while others get free money?
Who decides that AI did in fact take my job and not that I was just unemployable or lying? (People might claim to be software engineers but in fact do not have the skills, and because that entire industry is AI, they claim to be replaced by AI.)
Aside from this being blatantly socialist and economically illiterate, it is a childish fantasy that in no way will lead to net-positive outcomes.
Elon Musk@elonmusk
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
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@KarlKlosowski @RenzTom The few people running the company would be receiving UBI plus regular pay
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@G0ttaGoFastt @RenzTom Why does a company need a profit of every person in that company is receiving UBI?
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The Great Reset is happening. How will we pay for those high univeral basic income checks from the federal government?
The answer cannot be from income generated by the robots/AI because why would the person that owns the robots/AI and no longer needs people want to fund billions of people? The person that controls the robots and controls the AI controls the world in this scenario and we are supposed to trust that?
Elon Musk@elonmusk
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
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@Kiradavis Universal income doesn’t stop you from working if want to
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What stuns me about this statement is that Elon would NEVER want his work to be replaced. He would NEVER stop
working and creating and innovating bc his body tells him that is life. But he thinks the rest of us don’t want or need the same satisfaction of earning.
Elon Musk@elonmusk
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
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@sumochops @RealMattMoney Not sure I understand what you mean, fly was in the low 20s 3 weeks ago and people were probably waiting for it to drop below 20 and now it’s over 40
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@G0ttaGoFastt @RealMattMoney If they bought back in to that and didnt buy $RKLB then they don't deserve your thought
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Watching yourself sell $rklb for $25 in Jan 2025 because you were gonna buy back in below $15.
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@Zigmanfreud There’s no other way to deal with it, all desk jobs will be lost
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This “Universal High Income” idea is SO catastrophically bad that it makes me question EVERYTHING about Elon Musk…
This is unworkable, & would cause massive inflation, fundamentally destroying the incentive structure of our society (COVID Panic on steroids).
I’d like to believe Elon has fallen for this idiocy because he simply doesn’t understand normal humans and he craves free time.
Elon Musk@elonmusk
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
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@GrantCardone @theficouple Anything you can sell isn’t considered asset? So if I could sell the house for 400k in month that’s not considered net worth?
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@theficouple It’s not an asset and should never be considered on your financial statement. It’s not liquid & You have to live somewhere. It doesn’t produce cash flow, there is no product coming from it, it carries with it endless obligations, insurance, taxes, maintenance, +++
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Will never understand why people don't include a home in their net-worth.
If the home is worth $550,000 and you owe $200,000 that $350,000 absolutely goes to your net-worth.
...What am I missing!?
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@truthandtesla Wipers need like 2 more levels of speed on the low end
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So curious: so many Tesla owners here. What DON’T you like about it?
I will start:
I dont like the windshield wiper control or the hvac system. Both are too aggressive and not enough control over fine tuning.
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If everyone gets a million dollars.
No one has a million dollars.
I'm not sure why no one understands this.
Elon Musk@elonmusk
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
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@cbleatherbury @farzyness If they sit idle that’s their choice, they don’t have to
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@farzyness Let the free market work vs calling for another government program. Humans can reduce the wages they request to compete. The abundance of goods in the economy will allow the few dollars they earn to go further. UBI will just lead to people sitting idle who would otherwise work.
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I couldn't agree more - and something that is so abundantly obvious the more you think about it.
AI - both physical and digital - plummets the cost of labor. It starts with the digital realm - basically white collar work.
This will look like AI agents that can do the job of a human at a fraction of the cost, in a fraction of the time, multiple times faster. Over time, it will transition to humanoid robots that will do the same, but in the physical world.
Yes - there will be people that will take these tools and build incredible businesses with them - but the number of people that will do this will be VASTLY SMALLER than the number of people who don't - or simply can't - in the short to medium term.
That means that many people will become economically unfeasible in the current landscape of work as we transition from a pre-AI world to a post-AI world. This is because humans CANNOT COMPETE AGAINST ROBOTS WHEN IT COMES TO LABOR.
Robots - digital and physical - never get tired, execute at an extremely high level, work multiple times faster, and because of AI, learn faster than any human ever could.
The ONLY WAY to transition to a post-AI world without civilizational collapse - aka mass unrest and riots due to a ridiculously widening wealth gap - is by giving people TIME to adjust to the new world.
The most sensible & efficient way to do this is with UBI (or UHI as Elon calls it) - either in the form of a negative income tax (you get paid if you make below a certain income) or through UBI that is not means tested (you get a check in the mail regardless of how much money you make).
And it can't be some crappy amount either - we're talking tens of thousands of dollars a year. Basically unemployment benefits++ for an extended period of time.
There's literally no other way to transition cleanly. Otherwise you're going to have mass unemployment on one side for people who do not have the ability to deploy AI to do their bidding, and a gigantic accrual of wealth on the other side for people who can.
The rich will literally get richer, and the poor will literally get poorer - unless the government steps in and evens out the playing field - or at the very least prevents the floor from falling out from underneath us all - until we make it out on the other side.
Elon Musk@elonmusk
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
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@the_null_signal @elonmusk If people wanted to create something UBI wouldn’t stop them, if anything it would give them more time to create what they want
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@elonmusk I believe this will just make people lazier. UBI is bullshit in a capitalist society...
Humans are built to create....
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More Tesla Diners coming
Tesla North America@tesla_na
Place your order while en route to Tesla Diner & it will be ready right after you arrive
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@SadlyItsBradley Since this is the first official release I’m ready to see how performance has improved, they had hades 2 running at 1440p 60 fps 5 months ago on frame
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Bigger News: The First Official Proton for ARM devices (like Steam Frame) app is now also released!
Brad Lynch@SadlyItsBradley
Oh hey, Proton 11 Beta is releasing on Steam If you’ve been reading all the articles about how Wine 11 was giving huge performance gains (for Windows to Linux gaming), those improvements are now being brought into Valve’s fork
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@SpaceInvestor_D @DavidCG1111 So leave out the one that went up the most
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@DavidCG1111 I like the company and track it, but my screen ain't big enough for every space companies 😅
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