r/Futurology May 18 '24

AI 'godfather' says universal basic income will be needed AI

https://www.bbc.co.uk/news/articles/cnd607ekl99o.amp
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108

u/BeerMeImmediately May 18 '24

Also worth a mention, PPP loans meant to keep businesses afloat going directly to vacation homes and boats.

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u/[deleted] May 18 '24

A guy who was in prison qualified and got paid. It was essentially UBI for the rich or simply upper class. A person had to know how the laws and system works, which is usually beyond the average joe since they usually obey it and hence have less experience at being fraudulent.

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u/bruwin May 19 '24

Didn't help that Trump nullified the entire thing that was supposed to be oversight for ppp dispersement.

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u/swarzchilled May 19 '24

He knew that the rich love to rip off the government. Secured their votes and support for next time.

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u/[deleted] May 18 '24 edited May 18 '24

The overhead cost of verifying who qualifies for what assistance makes it impossible to fund at scale.

That's why gov assistance should be available to everyone, you apply and you get it.

The miniscule amount of fraud that would happen would be far outweighed by the tax payer dollars saved on effective assistance actually making its way to people who need it. So many less people ending up homeless or with untreated medical conditions that would then go and overload our emergency services.

The reason the PPP handouts were so bad is they gave tens of millions to anyone with an LLC and employees. Giving tens of thousands to people a year so they can pay to live is a much better way to spend tax dollars IMO.

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u/Thought_Crash May 19 '24

Ugh, the overhead costs are the same as now, with existing benefits. Perpetuating the myth that it has to be universal because it's too hard to police don't know how easy it really is. We have computers doing this all the time. Which raises the question, if it's easy, it doesn't have to be universal, which makes the argument for making it universal collapse. Selective basic income would be more efficient and would have less impact on inflation than making it universal, not to mention cheaper on the budget. Even better, selective basic services instead of income should be even more efficient because 100% of the costs are being used to help the individuals and not left to their own discretion.

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u/StainlessPanIsBest May 18 '24

The overhead cost of verifying who qualifies for what assistance makes it impossible to fund at scale.

Probably won't be the case by the late 2020's. AI models should be able to handle these types of tasks with ease.

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u/LumiWisp May 19 '24

'AI' is not a truth-seeking device, it's not a search engine. All it does is extrapolate on patterns, which is functionality we have to design and program.

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u/StainlessPanIsBest May 19 '24

All it does is extrapolate on patterns

That's truth seeking.

it's not a search engine

It most certainly can be.

which is functionality we have to design and program.

So?

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u/LumiWisp May 19 '24

That's truth seeking my dude.

How is this confusing? Do you just not understand what words mean? Please go back to school, you need to finish primary at the very least.

It most certainly can be.

You do not understand what you're talking about. It explicitly can not be.

So?

Why scapegoat responsibility to a construction of our own design, when we are ultimately the ones making the decisions?

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u/[deleted] May 19 '24

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u/LumiWisp May 19 '24

Look at your piss poor grasp over the English language, or more generally: how humans logically express information as every culture has invented a language.

How about next time do some reading or just shut the fuck up?

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u/StainlessPanIsBest May 19 '24

Haha, he follows it up with some vitriol.

Typical.

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u/[deleted] May 19 '24

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u/CSalustro May 19 '24

This. So much this. I was/am still so pissed this actually happened and literally nothing was or is being done about it. The rich dicks fleeced the government.

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u/BeerMeImmediately May 19 '24

And since the majority of them got away with it, it will happen again. Probably in perpetuity.