proc0
11 hours ago
Pocket change. They should stocks. Everyone should get stocks considering AI is trained on everyone's data.
someonebaggy
10 hours ago
They'd probably lose money on the stocks with the way things are going. It'd let the owners offload risk. The residents are free to use the money to buy stocks if they want to.
JumpCrisscross
10 hours ago
An annual recurring payment may honestly be the way to do it.
user
7 hours ago
kanwisher
2 hours ago
You mean taxes? like they will have to pay anyways
yellowapple
4 hours ago
At some point we're just doing LVT-funded UBI with extra steps.
JumpCrisscross
3 hours ago
> we're just doing LVT-funded UBI with extra steps
They're only extra if the version with fewer steps works. Communities that can host datacenters have leverage. People who want to build datacenters have capital.
yellowapple
3 hours ago
In this case the version with fewer steps does indeed work quite well.
JumpCrisscross
3 hours ago
> the version with fewer steps does indeed work quite well
Where? Because everything I can think of that comes close to a working UBI has a funding model behind it.
yellowapple
2 hours ago
The “LVT-funded” in “LVT-funded UBI” above ain't there just for decoration :)
JumpCrisscross
12 minutes ago
> The “LVT-funded” in “LVT-funded UBI” above ain't there just for decoration
Sure. How many of these exist?
If some steps take something out of the realm of theory into practice, they aren't extra.
fakedang
2 hours ago
The communities don't have leverage, just the corrupt politicians in them.
stevemk14ebr
10 hours ago
That's for the recipient to decide
someonebaggy
10 hours ago
They can decide by either keeping the money or using it to buy stocks. At the highest P/E ratio in history and the early signs of a global financial meltdown, I think I'd keep the money - or buy gold, or canned food.
proc0
7 hours ago
If the stocks lose value then nothing was really lost, since it would mean AI is a bubble and not much will change. This would be to offset whatever impact AI will have. The more it succeeds the more people get paid. Not saying it's a good idea, but I do think it's better than UBI.
someonebaggy
2 hours ago
Not much will change for the internet. The town will still have to deal with polluted drinking water and chronic asthma.
gruez
9 hours ago
>Everyone should get stocks considering AI is trained on everyone's data.
Anthropic's IPO is rumored to be $2T. For the sake of argument let's round it up to 10T to account for openai and any post IPO pop. For the sake of argument let's also assume the US government straight up expropriates any stake existing shareholders have. With those rosy assumptions, you get a whopping $29.4k per American. That's a nice stimmy check (but beware inflation!), but that's less than 2 years of federal government expenses.
xboxnolifes
9 hours ago
I think you're downplaying how much money $29k is to most people. That's 5-10x the total covid stimulus, and it's not as inflationary because it's redistributing wealth, not printing money.
TitaRusell
6 hours ago
It's nothing compared to the falling house price.
But if they do this in shit hole states were nobody wants to live in the first place it could work.
echoangle
6 hours ago
Can’t you just buy the stocks with the money?
kundan__s
11 hours ago
[dead]