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AI And Universal Basic Income Can It Actually Work?

Can universal basic income actually work in a world where AI has taken the vast majority of jobs?

  • Yes

    Votes: 0 0.0%
  • No

    Votes: 1 100.0%

  • Total voters
    1

BNR32FAN

He’s a Way of life
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I’ve been watching a lot of videos about AI and I see a lot of people talking about AI replacing humans in almost every field of work. Many speculate that consumers would likely receive a universal income from the government and I just can’t wrap my mind around the idea because I can’t see where the government would get enough money to cover that huge of an expense. The largest portion of the government’s revenue is going to be coming from companies who are only paying a small portion of their profits in taxes which is somehow supposed to be enough to redistribute back to consumers who then buy products from the companies but there’s a rapid downward spiral in the actual numbers that doesn’t add up to me. Of only a portion of the companies’ profits are being paid to the government that means that consumers can only receive a portion of that money because some will be needed to operate the government and the rest that is left over going to consumers to recirculate back into the companies is going to be far less and less each year. So what’s going to fill this huge discrepancy in funds?