GIGAMΞSH
@gigamesh
Anyone know of good comparison of the pros and cons of UBI as a solution to job automation, as opposed to sovereign wealth funds? I keep hearing very smart people only talk about UBI.
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Stuart
@olystuart
I've heard people mention the idea of giving babies some kind of fund, is that a sovereign wealth fund? Or would every person get one? In that case it seems like just a type of UBI that is a one time payment rather than an income. That would assume people are generally able to use that fund to earn dividends or passive income to live on or start a business. A lot of people don't know how to do that though which makes the income stream model easier and also much less risky I think. What's the upside of the wealth fund in comparison for you?
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GIGAMΞSH
@gigamesh
Realizing the model I have in mind isn't exactly a sovereign wealth fund. TLDR: a new tax on the biggest companies that gets redistributed to all citizens on an annual basis. https://moores.samaltman.com/
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