That's the key. The poor are useful to business so long as they are a source of money and power. What happens if the time comes that the poor have nothing the rich want?
The poor will always have the only thing the rich want. Labor. Without labor Trump cannot slather the white house in gold. Without labor Zuck cannot smoke meats. Without labor Musk cannot troll people on X.
The rich do not want anything you have, they want you. Body and soul.
Not in our lifetimes and certainly not in our form of society. Robots will only drive down the price of labor. People will always be able to supply labor at costs below the price of materials for robots.
" People will always be able to supply labor at costs below the price of materials for robots."
Why? What critical materials do robots need that will always be more expansive than raising a human?
Also, from the point of "the rich" - the benefit of a robot is, that it will (stupidly) do as command, unlike a human. They don't have a family they want to take care first.
I mean, eventually like 1 person is going to have more wealth than 60% of the nation combined. At that point, why even bother trying to earn customers or appeal to the lower half when you can instead curry favor with that 1 person.
If you scratch under the hood of UBI, it's a mechanism to keep revolutions at bay. The balance of tax the ultra wealthy vs giving people enough to "live comfortably" is always the job of governance.
> If you scratch under the hood of UBI, it's a mechanism to keep revolutions at bay.
It's also putting money in the hands of the consumers so the rich can compete between themselves at how much each can scoop back up.
Something like feeding animals in the forest to compete with your friends at who can hunt better.
When poor have nothing then you have to shift to taking money of the other rich, but they are clever, so it's easier to take a little bit from the hands of all rich equally, give that money to the poor and reduce the new problem to the old one, how to extract as much as you can from the poor.
The first sentence is definitely. But, UBI is a nerd/socialist fantasy. It would nevet work and will never happen. Everyone with these sci-fi fever dreams of what will happen if AI collapses white collar jobs are coming from people that don’t know how the world or people actually work outside of their daydreams. People aren’t going to just be like “ok, well I guess it’s time for bread and water and Soviet style tenement housing, all this progress in livings was great while it lasted.” And other people are talking about using batteries for money or something. People need to touch grass.
We're nearly-there. The humans then become the capital/resource to be acquired, not money.
That's why every country is somehow chasing that elusive "population growth". It creates more "things" to own, whether that be money by virtue of more people creating more money through economic activity or simply more people to claim as "yours" (for the elites/leaders).
Or use any of the wonders of military technology invented in the last 200 years to take back society. These fuckers have lived in prosperity for so long that they don't even think it is possible. But so many people throughout history thought they were untouchable until the masses decided they had enough of their shit. Kings with professional armies, full plate knights, men with cannons, mens with guns, machine guns, bombs, planes, tanks, helicopters, and yet at the end of the day when enough random people are pissed off enough the mass of people with nothing to lose are the ones who "win" in the end with the powerful dead or hiding.
When unrest happens the military sides with the ones that give better hopes of keeping the stream of money that funds the army flowing.
It sides with the poor only if the powerful (gov) are hopelessly inept at gathering money. If there's a chance that current civilian power can reform and keep collecting the money from the people and funding the army then the army sides with them and help quell the rebellion.
Those who hold kinetic power will never side with poor against the rich.
Im not talking about the military siding with the people, im talking about the military's side not being enough to prevent the people from rising up and taking down whoever is in power. Militaries require logistics, random people do not. Military needs a government or people to follow for direction, masses of angry people do not.
Every time a government or military force has decided they were unstoppable or untouchable, history has proven them wrong. Hell we spent 2 decades in Iraq and Afganistan with the most powerful military and military tech the world has ever known backed by the strongest economy in the world against guys with 60+ year old bolt actions and guns filed out by hand in caves living in mostly desert landscapes, and we still ended up abandoning it because it was too costly. How would the military fair any better against the best armed population in the world with direct access to their supplying economy and logistics networks?
Yeah sure masses of people aren't making aircraft carriers, but you don't need aircarft carriers to win a war at home. We have modern engineering and chemistry text books in every library across the US that will tell you how military technology works and its flaws, what technology you can utilize find or make yourself, and a supply of nearly any material someone could possibly want or need sitting in scrapyards across the nation.
Economies can work without currencies. It's a little inconvenient, but bartering/trading goods for services was common in the depression when nobody had any cash.
Printing money is lucrative for the printer so any time it might get even a little bit useful and feasible for other parties somebody will start printing.
No I had the speculative ponzi front of mind when making that comment.
Governments love crypto because it lets you seize lots of money from criminals across borders. And it is legal gambling where you can tax the winnings without reimbursing the losers (unless they can offset it but most probably can not)
> Okay, but why would we die on the vine? Wouldn’t we just… make a parallel economy without the AGI? The world works today without AGI.
Because you need things they want. Like why would they spare the electricity to heat your home, when it could go to "better" use powering a few dozen GPUs serving a billionaire? Why would they spare the land for you to grow food, when they could use it to build ziggurats dedicated to their power (or whatever else is their whim)?
The market sends the scarce resources to those with the most money.
What is the fantasy AGI supposed to be that's so great for billionaires to have? A human baby is an <s>A</s>GI, it won't tell you the Ultimate Answer, or even a penultimate one, because it has no way to know.
No, seriously, what? You think an AGI is going to be a willing slave and endowed with special knowledge? Where does either part of that come from?
