Re:OpenAI Research Says 80% of U.S. Workers' Jobs Will Be Im...
by JanSt on Tuesday March 21, 2023 @10:24AM
(#35246591)
Money is accrued labor. May it be in the form of money, machines or software. Money is the way to efficiently distribute it. Every purchase you make is a vote for a service or product. It's the most efficient form of democracy. It just sucks because it's scarce and not distributed fairly.
Re:OpenAI Research Says 80% of U.S. Workers' Jobs Will Be Im...
by hgs3 on Tuesday March 21, 2023 @01:53PM
(#35249831)
The value of labor is subjective. Some of the most important service people, like educators, are some of the lowest paid and their accrued labor is worth less once inflation hits. Capital, in general, creates perverse incentives, i.e. mainstream news is divisive and negative because that style of reporting maximizes profits. With money as the goal, it's no wonder many young people would rather become social media influencers than educators. That said, UBI is a more realistic outcome despite not fixing any of these problems.
The system will collapse on itself if most are jobless. You can't sell products if no one can afford them.
My biggest grip with UBI is it just redefines zero. The better solution would be to do away with capital entirely, have people democratically vote on what services they want, and then conscript if there aren't enough volunteers/robots/AI to provide those services. There seems to be this tendency to forget that labor is what matters, not capital. Capital is a means of exploiting labor, but if labor can be automated or democratically voted for than no one is exploited.