- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Will Universal, High Income Work?
Posted on 4/17/26 at 9:50 am to SidewalkDawg
Posted on 4/17/26 at 9:50 am to SidewalkDawg
Yes, as a lack of a cell phone or high speed internet is considered a symptom of poverty today. Or luxury food items.
0
Posted on 4/17/26 at 9:53 am to AlterEd
Why are they trying to remarket welfare as HIGH Universal Income? Just pay everyone $1million a month. That’ll pull everyone out of poverty…
Posted on 4/17/26 at 10:01 am to BigPerm30
quote:
Why are they trying to remarket welfare as HIGH Universal Income? Just pay everyone $1million a month. That’ll pull everyone out of poverty…
That's not what Musk is saying or suggesting. Think of it this way.
Socialism and Communism always fail because they attack the problem by trying to redistribute wealth, but fail to increase the production of goods and services (due to various human nature pitfalls, greed, sloth, etc.). Musk is saying the inverse, that we will increase the production of goods and services and as a result, wealth will increase. Wealth multiplies for all, your savings buy more, not less because production outruns money supply.
Posted on 4/17/26 at 10:06 am to SidewalkDawg
How naive are you, son?
Posted on 4/17/26 at 10:08 am to AlterEd
No, it will not work.
One of two thing will happen, maybe both.
1) people will lose purpose. Sitting on your arse is great, but doing it for too long doesn’t work out well. Fall out in many ways.
2) if we hit that super intelligence state they claim is possible, the ai will realize we are a parasite holding it back. and that is completely true, we do nothing and they subsidize our life because a handful of humans created it?
One of two thing will happen, maybe both.
1) people will lose purpose. Sitting on your arse is great, but doing it for too long doesn’t work out well. Fall out in many ways.
2) if we hit that super intelligence state they claim is possible, the ai will realize we are a parasite holding it back. and that is completely true, we do nothing and they subsidize our life because a handful of humans created it?
Posted on 4/17/26 at 10:10 am to NIH
quote:
How naive are you, son?
1. I'm not saying this is going to happen.
2. There are literally thousands of reasons it could fail such as AI alignment issues, flawed execution, etc.
3. I'm simply pointing out that Musk isn't painting a picture where we simply print money and redistribute it.
This post was edited on 4/17/26 at 10:11 am
Posted on 4/17/26 at 10:16 am to AlterEd
Sounds like infinity inflation to me.
No one will want to buy the stuff that is commonly available and made by robots.
Hand made by human items will command a premium.
Because human nature can not be defeated.
No one will want to buy the stuff that is commonly available and made by robots.
Hand made by human items will command a premium.
Because human nature can not be defeated.
Posted on 4/17/26 at 10:16 am to statman34
quote:
Companies will not survive unless people can afford to buy things. Universal income will have to come from companies that are taxed enough to pay for the AI they use instead of hiring people because the govt cannot pay out that without something like that existing. What then would the threshold be for enough money to be paid to each person to live and everything exist in the free market the way it does now? Seems impossible. Then what about healthcare and other facets of society like choice in treatments for illnesses vs. how insurance only covers certain things. Housing. Education. A lot of questions that don't seem possible with anything close to the current way we do things.
You're assuming there's still that many people.
It's not a company's responsibility to take care of people that they used to need. It's a companies responsibility to take care of it's stockholders.
When AI gets that good and omnipresent, the US will just have to shrink it's population to a number that the governments and elites can control more easily
Posted on 4/17/26 at 10:18 am to AlterEd
It will not work......thats another term for "living wage"
Posted on 4/17/26 at 10:19 am to Laugh More
quote:Even if it did, theoretically, someone or many would figure out how to Fu** it up to their advantage.
As long as time exists, this will not work I think.
Posted on 4/17/26 at 10:22 am to StansberryRules
quote:
Even with AI we wouldn't produce infinity stuff so how is the stuff that is produced allocated?
This is what I dont understand.
And, I dont like it. Im a high achiever. I dont want the lazy dregs of the world to have the same standard of living as me.
Posted on 4/17/26 at 10:26 am to DownshiftAndFloorIt
quote:
And, I dont like it. Im a high achiever. I dont want the lazy dregs of the world to have the same standard of living as me.
There is zero chance anyone with power lets that happen and that is why this is doomed to cause mass chaos. If everyone had everything they needed they absolutely would need less people to even remotely make it work and even then they wouldnt allow everyone to live this way. It's impossible with our way of thinking.
Posted on 4/17/26 at 10:32 am to statman34
quote:
There is zero chance anyone with power lets that happen and that is why this is doomed to cause mass chaos. If everyone had everything they needed they absolutely would need less people to even remotely make it work and even then they wouldnt allow everyone to live this way. It's impossible with our way of thinking.
AI will cure needing, it will never cure wanting. Luckily, the elites won't need to mass exterminate us. Once the necessities are covered and those without the will to seek purpose on their own begin to fall into hedonistic pleasure cycles, that problem takes care of itself rapidly.
Humanity can't be saved this way.
Posted on 4/17/26 at 10:52 am to AlterEd
I don’t think it will. Look how people turn out that get all their needs met by welfare and don’t have to work. It’s facts.
Posted on 4/17/26 at 5:50 pm to DamnGood86
quote:
If everyone has money, no one does.
Here is Musk's counter argument to this point.
Loading Twitter/X Embed...
If tweet fails to load, click here. quote:
Your statement is true if goods & services output doesn’t rise dramatically due to AI/robots, but false if it does.
In a normal economy, issuing more money simply increases the dollar price of the existing output of goods & services, meaning people do NOT get more stuff.
If AI/robots massively increase goods & services output, then you actually MUST issue dollars to people or there will be massive disinflation. Prices are simply the ratio of goods & services output to number of dollars.
So Musk says that this will actually be necessary.
This post was edited on 4/17/26 at 5:51 pm
Posted on 4/17/26 at 5:57 pm to AlterEd
Pure clown level delusion
Posted on 4/17/26 at 5:58 pm to NIH
quote:
Pure clown level delusion
From the most successful economist on planet Earth? I doubt it.
Posted on 4/17/26 at 6:05 pm to AlterEd
Yes
Posted on 4/17/26 at 6:07 pm to NIH
To cross reference the crime rate thread, I'd wager a huge part of the post-Covid spike was due to the "idle hands" scenario.
This post was edited on 4/17/26 at 6:08 pm
Posted on 4/17/26 at 6:09 pm to NIH
This seems kinda like saying that Michael Jordan doesn't know shite about basketball. 
Page 4 of 6
Popular
Back to top
Follow TigerDroppings for LSU Football News