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SITUATION EXPLAINED: Sofia says X creator payouts are already a form of UBI (Universal Basic Income). • Straightforward UBI payments are a naive and old idea. The interesting version is the universal basic dividend, plus sovereign wealth fund mechanisms • UBI gets presented as a pessimistic claim, when it's the overlap between techno-optimists and techno-pessimists • If AI is successful enough that we get UBI and people get paid for their data, that's a good outcome • X creator payouts already…
.@schisofrenia argues the real UBI question is how AI wealth gets redistributed. @AndrewYang says he’s already seen one version of it firsthand after getting paid $2,500 for AI to use his work: Sofia: "You were the person who first introduced me to the concept of UBI in the first place" "We have a sovereign wealth fund, akin to what Norway has. Alaska has more of a petroleum dividend." "A universal basic dividend would distribute wealth to Americans based on a weighted index of the top AI companies. How you define what the top AI companies are, that's really the core topic of contention." "You could do things like wage insurance. If somebody made 80k a year and their job was displaced by AI and they have to get a job that's 50k a year, the government could compensate those people for the amount that they lost." Andrew Yang: "I am probably the only person in this circle who actually did get paid for their data. AI wants to eat your book and it will pay you $2,500 for the privilege. Imagine if every American got a message like that." @jubileemedia