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How do you feel about the idea of a Universal Basic Income (UBI)? 1. Strongly in favor 2. Somewhat in favor 3. Neutral or undecided 4. Somewhat against 5. Strongly against Question by @ba https://i.imgur.com/wD15gSJ.png
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Cameron Armstrong
@cameron
1 Baseline level of redistribution is the only way we’re going to be able to have a stable society as more and more classes of rote work go away. Best case is that we cap most people’s existential downside and funnel more people towards high volatility reward paths
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Ben Adamsky đź’
@ba
Solid take, although my only concern is how this affects an economy at the macro level. Do you think this could end up de-incentivizing countries from other funding initiatives?
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Cameron Armstrong
@cameron
Appreciate that. I view it as a “Great Reconsolidation” of all wealth transfers. You in parallel cut everything else back to zero, have a geographically adjusted UBI, and add programs back on as needed. The point is to 80/20 all support, dramatically reduce admin burden, and rebuild 🫡
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