The Gradual Disappearance of Jobs – very good read on UBI and negative income tax

“Once Moravec’s paradox is relegated to the history books, formerly protected unskilled low wage jobs will disappear due to automation. The only jobs to persist will be those needing creativity and an ability to work with artificial intelligences, an aptitude that will be seen as a positive skill and then as a way to achieve a larger social valorisation. At some point, the switchover to mass automation will be so overwhelming that the negative income tax will probably become toxic while a universal basic income will more efficiently stabilize our societies.”

“Jacques Attali in France, economist and social theorist, asked for a moratorium on AI research following a Google publication about an experiment on two artificial intelligences inventing encryption of their own that a third AI failed to decipher; or also the alert raised by Stephen Hawking, Bill Gates and Elon Musk (see note ). Even if we’re ruling the artificial intelligence existential risk issue out, which does deserve a very precise analysis, the less dramatic hazards of a society without jobs will also challenge us. What of a world where machines dominate all production activities without any place for human beings – outdated, too slow and lacking the endurance to sustain a task to meet the new profitability standard dictated by autonomous machines?”

Read more: The Gradual Disappearance of Jobs  IEET

 

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