re: Elon Musk validates USDebtClock - predicts universal high income

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Yes. If everyone were given 1 million dollars tomorrow, purchasing power would rapidly decrease as hyper inflation takes hold. Soon the poverty level would simply be at a much higher income level.

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A good example from history is the Hajj of Mansa Musa of Mali. He gave away so much gold that it became almost worthless, economies of whole countries collapsed. That was just one man.

The concept is great but who is going to fix the AC? The here are all kinds of issues

Who is going to be a trial lawyer and a judge and a jury? Robots can't do those jobs

With everyone else not working and getting paid these will need 3-4 times the UBI

What happens to colleges? No need if no work.

Too much uncertainty and I think an UBI is decades away and the wars will have taken place by then

And did nobody watch the will smith robot movie Damn

If work is optional, then money is irrelevant

It's easy for your mind to wonder when you give deep thought to this topic. What happens to the stock market, The job market, People's 401ks, retirement accounts, etc. If you knew this were to be true.. and it's starting to feel more and more like when and not if at this point given AI/LLM advances.. how would that change your financial decisions in preperation for it? Would we still contribute so aggressively to our retirement accounts and the broader market in general knowing there's a chance that it morphs into something completely unrecognizable? Or would we spend that money in a completely different way knowing there's a chance the world we knew has transformed so much that those things become more obsolete & you lose everything that you worked so hard for when society & the financial system resets. Those are life altering decisions. It's interesting to even speculate about something as paradigm changing as that. Even crazier to think that's only 1 tiny piece of the greater puzzle anyone under 60-70 is likely going to have to navigate in the future.

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work optional society will collapse under the inherent sloth of humans.

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No it wont.

Males will always create a biological hierarchy amongst themselves which women will adhere to when picking mates.

Everything men do right now is for status and validation to mate.

"Work ethic" will be applied to something else. Those in power will find some other means to enslave the low IQ people of the world. All the while, they will set up a system where the majority of people try to out act instead of out think the solution.

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Working will be optional in the future.

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We'll never learn.

I love all this shite about “there won’t be any work”.

Okay. Sure thing.

That's when we will mass depopulation... which COVID was a test run for. To see how easy it would be to convince people to turn on their own neighbors, friends, family and report them for not blindly going along with the demands of their globalist overlords... even when it comes to taking a vaccine meant to thin the herd.

War on banks

State credit unions and crypto to replace them.

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Turn your hobbies into a service or goods you can make money from. You wouldnt be limited to UBI.