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'We Could Fund a Universal Basic Income With the Data We Give Away To Facebook and Google' (thenextweb.com)
Tristan Greene reports via The Next Web:
A universal basic income (UBI), wherein government provides a monthly stipend so citizens can afford a home and basic necessities, is something experts believe would directly address the issue of unemployment and poverty, and possibly even eliminate hundreds of other welfare programs. It may also be the only real solution to the impending automation bonanza. According to AI expert Steve Fuller, the problem is, giving people money when they lose jobs won't fix the issue, it's a temporary solution and we need permanent ones. Sounds fair, and he even has some ideas on how to accomplish this end: "We could hold Google and Facebook and all those big multinationals accountable; we could make sure that people, like those who are currently 'voluntarily' contributing their data to pump up companies' profits, are given something that is adequate to support their livelihoods in exchange."
It's an interesting idea, but difficult to imagine it's implementation. If the government isn't assigning a specific stipend value, we'll have to be compensated individually by companies. One way to do this, is by emulating the old coal mining company scrip scams of early last century. Employees working for companies would be paid in currency only redeemable at the company store. This basically created a system where a company could tax its own workers for profit. Google, for example, could use a system like that and say "opt-in for $10 worth of Google Play music for free," if they wanted to. Which doesn't help pay the bills when machines replace you at work, but at least you'll be able to voice search for your favorite songs. Another idea is to charge companies an automation tax, but again there's concerns as to how this would be implemented. A solution that combines government oversight with a tax on AI companies -- a UBI funded by the dividends of our data -- may be the best option. To be blunt: we should make Google, Microsoft, Facebook and other such AI companies pay for it with a simple data tax.
It's an interesting idea, but difficult to imagine it's implementation. If the government isn't assigning a specific stipend value, we'll have to be compensated individually by companies. One way to do this, is by emulating the old coal mining company scrip scams of early last century. Employees working for companies would be paid in currency only redeemable at the company store. This basically created a system where a company could tax its own workers for profit. Google, for example, could use a system like that and say "opt-in for $10 worth of Google Play music for free," if they wanted to. Which doesn't help pay the bills when machines replace you at work, but at least you'll be able to voice search for your favorite songs. Another idea is to charge companies an automation tax, but again there's concerns as to how this would be implemented. A solution that combines government oversight with a tax on AI companies -- a UBI funded by the dividends of our data -- may be the best option. To be blunt: we should make Google, Microsoft, Facebook and other such AI companies pay for it with a simple data tax.
You obviously never tried to build something somewhere.
It's by no means simply putting a house somewhere. You need to get more permits than for owning a damn gun if you wanted to build a house somewhere, twice so if you plan to rent it out.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
You can opt out of every government. Unless you're in North Korea or something like it. At the very least you can vote what government you prefer, and if that doesn't work out, move to a place where the government is more to your liking.
Are you being intentionally obtuse? Your last example provides a great illustration of my point. If I don't like Coca Cola, or Comcast or any other corporation, I don't have to move. I just don't give them my money. If I don't give the government my money, they will send men with guns to put me in a cage.
Taking guns away from the 99% gives the 1% 100% of the power.
That's just straight-up not true. US corporate profits PER QUARTER have been about 2 Trillion dollars for the last four quarters.
Source: https://www.statista.com/stati...
https://fred.stlouisfed.org/series/CP
Adjusting your math, that's $24,240 per person per year. This paints a fundamentally different picture than that on which you have premised your post.
When a country runs OUT of money, and has nothing but debt that they cannot pay off....well, if that doesn't give good reason to panic, I dunno what does.
Light travels faster than sound. This is why some people appear bright until you hear them speak.........