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Kurzweil Predicts Universal Basic Incomes Worldwide Within 20 Years (hackernoon.com)

Google's director of engineering Ray Kurzweil made a startling prediction at the 2018 TED conference. Hacker Noon reports: "In the early 2030s, we'll have universal basic income in the developed world, and worldwide by the end of the 2030s. You'll be able to live very well on that. The primary concern will be meaning and purpose," he said onstage at the annual event...

Kurzweil believes that by 2029, computers will have human-level intelligence. It's not inconceivable then that AI will be distributing UBI to humans based on algorithms that are capable of crunching numbers in ways we cannot follow. Indeed, what we call the "State" in even just 10 years time may have been transformed by AI and blockchain tech in a way whereby even our experience of consensus decision making and democracy itself may have evolved.

7 of 307 comments (clear)

  1. His overly optimistic predictions... by carlhaagen · · Score: 4, Insightful

    ...have been wrong before. Come to think of it, has he ever been right even if later than predicted?

  2. Time by arth1 · · Score: 5, Insightful

    I think he could well be right, but I also think he has the timeline very wrong. 200 years, sure. 100, maybe, although I'm not convinced. But 20? No, I will bet anything that won't be the case.

    In the oil crisis in the early 70s, the prediction was that we were going to all be on non-oil heating and transportation well before the turn of the century. Didn't happen. I think it still will, but things just turn around that quickly. Even seriously disruptive technologies like the steam engine and factory machines took generations to take over. Rum wasn't brewed in a day.

  3. Re:Rationality is not rewarded by Kohath · · Score: 4, Insightful

    Socialism tends to run on the assumption that people enjoy working.

    Systems tend to run on whatever assumption works for the material benefit of the people in power.

  4. Re:Sure by 50000BTU_barbecue · · Score: 4, Insightful

    "Just create money out of thin air. "

    It already is. It's a human invention, unless you can show it to me in a physics or chemistry textbook? It's like the Matrix, just a consensual hallucination mediated by computers.

    --
    Mostly random stuff.
  5. How about a shorter work week or retirement at 50 by Camel+Pilot · · Score: 4, Insightful

    You keep hearing people talking about the UBI... but who is going to wipe their butts when they are in a Nursing Home? Wipe butts or take a UBI? Which would you take?

    How about we start talking about a shorter work week, retirement at 50, longer vacation time first?

  6. Re:Sure by religionofpeas · · Score: 4, Insightful

    You can create money out of thin air, but you can't create its value.

    Create twice the money, and it will be worth half as much.

  7. Re:Hmmm. by jschultz410 · · Score: 3, Insightful

    Why do you assume that to have "human level AI" you need to physically simulate a human brain down to the level of neurons?