PALO ALTO, CA - A group of Silicon Valley tech CEOs assure North Americans that job losses from artificial intelligence could easily be mitigated by universal basic income, while also adding that they will stop any UBI plans at all costs.
I think billionaires have thought through the scenario where there are millions of starving, desperate people and law alone can’t protect them. I would imagine they prepare for it like the survivors in a zombie movie, living holed up in a compound, with similar chances of using force-based defense alone. Their defense only needs to fail once to be catastrophic (for them).
I can imagine a regressive taxed UBI that doesn’t financially impact them is a very appealing alternative to that.
Nope. They don’t need to. Billionaires can afford to pay some paramilitary groups to defend them, and kill everyone else. Easy.
I think billionaires have thought through the scenario where there are millions of starving, desperate people and law alone can’t protect them. I would imagine they prepare for it like the survivors in a zombie movie, living holed up in a compound, with similar chances of using force-based defense alone. Their defense only needs to fail once to be catastrophic (for them).
I can imagine a regressive taxed UBI that doesn’t financially impact them is a very appealing alternative to that.
They can have multiple layers of defense.