seav, to random
@seav@en.osm.town avatar
GhostOnTheHalfShell, to random
@GhostOnTheHalfShell@masto.ai avatar

@economics@a.gup.pe
@ineteconomics

#INET

3 min

Baby bond. Not quite the same as #ubi, but much like it. Like having a wealthy uncle who writes you into his will.

https://youtu.be/06zw4ik8e34

blogdiva, to Health
@blogdiva@mastodon.social avatar

ALSO

#fuckCancer

i was told i was gonna hit a wall of fatigue sometime after the 2nd or 3rd week after finishing treatment. am glad to be alive and on my way to recovery but this sucks ass.

we need #UBI as part of health care. nobody should have to be precariously unemployed during a situation like this.

anybody having to go to a job during or after #cancer treatment is lying to do that they can handle it.

this is not bullshit. to be forced to work thru a #health crisis is eugenics.

seachanger,
@seachanger@alaskan.social avatar

@blogdiva I feel you - I had to quit my full time job during cancer treatment, I couldn’t handle it. Plus you have to spend all your time fighting the insurance mafia. when you’re at your very lowest they still want to not pay. Anyway sending love and empathy ❤️❤️❤️❤️

remixtures, to ai Portuguese
@remixtures@tldr.nettime.org avatar

#AI #Automation #Unemployment #UBI: "The computer scientist regarded as the “godfather of artificial intelligence” says the government will have to establish a universal basic income to deal with the impact of AI on inequality.

Professor Geoffrey Hinton told BBC Newsnight that a benefits reform giving fixed amounts of cash to every citizen would be needed because he was “very worried about AI taking lots of mundane jobs”.

“I was consulted by people in Downing Street and I advised them that universal basic income was a good idea,” he said.

He said while he felt AI would increase productivity and wealth, the money would go to the rich “and not the people whose jobs get lost and that’s going to be very bad for society”."

https://www.bbc.com/news/articles/cnd607ekl99o

KathyReid, to random
@KathyReid@aus.social avatar

Sam Altman has recently suggested #UniversalBasicCompute as an alternative to #UniversalBasicIncome #UBI.

Apart from being egregiously out of touch, it's also a huge power move, one that I don't think people grasp.

The polarisation of society into those deriving an income from return on capital - capitalists - and those deriving an income from labour - workers - has been driven in large part by venture capital and their hunger for new asset classes.

Housing is an asset class, it's no longer social infrastructure.

Stocks are an asset class - they're no longer a way to ensure survival of the best organisations - because many companies with little revenue have high valuations.

Compute is now an asset class. It allows organisations to gain advantage, and create a moat from their competitors. Compute is an asset.

By substituting compute for money (another asset class), Altman is trying to substitute compute for currency more broadly.

And who creates currency?

Typically, the state. Who now creates currency, sorry I mean compute? The MAANGs that have taken the place of the state.

Compute is currency.

Replacing currency with compute is a form of wrestling control from the state.

As we say in Australia, yeah, nah.

KathyReid,
@KathyReid@aus.social avatar

@danstowell Interesting perspective, thank you!

decryption,
@decryption@aus.social avatar

@KathyReid spot on again - fuck these people trying to turn computers into an asset like they did with houses! i'm sick of altman and his kind perverting what should be a liberating technology into something used to control us

GhostOnTheHalfShell, to climate
@GhostOnTheHalfShell@masto.ai avatar

Our #aurora generating magnetosphere, a geophysical #UBI, an environmental, ecological, economic UBI we don’t even think of that billionaires and their pet economists say they are competent to substitute for.

Consider the enormity of their egotistical folly.

Even Star Fleet would choose a 7C warmer Earth or an irradiated nuked Earth over a Mars. Technology has nothing to do with it. Wisdom does.

#uspol #climatechange #economics

brinnbelyea,

@GhostOnTheHalfShell They just want to go to place that doesn't have other people.

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@brinnbelyea

you mean people stupid enough to not assess the insanity. People like Musk will never go, just as he never took the sub cobbbled together to save the Thai cave flood victims.

vlrny, (edited ) to disability
@vlrny@disabled.social avatar

This is great! A 7 min clip with pretty much all the arguments for why a universal liveable basic income is crucial.

NDP MP Leah Gazan Discusses Basic Income Bill C-233 | Highlights

https://youtube.com/watch?v=bv3cWSd9XnY&si=cQNACZ7uXcTC9B97
#CanPoli #CDNpoli #ubi #economicJustice #socialJustice #disability #mmiw #healthcare #poverty #basicIncome

sfwrtr, to SF
@sfwrtr@eldritch.cafe avatar

File this one under the #comingLaborApocalypse. Really, I can't think of a job that is safe, but these are soon toast. Consider supporting basic income #ubi before it's too late.

#BoostingIsSharing

#sf #sciencefiction #dystopia #WritersOfMastodon #WritingCommunity #Author #Writer #Writing https://www.uniladtech.com/news/tech-news/glimpse-into-future-as-ai-robots-complete-office-tasks-767580-20240502

GhostOnTheHalfShell, to Economics
@GhostOnTheHalfShell@masto.ai avatar

@economics

#economics #ubi @ineteconomics (inactive but sheesh!)

2 min

Gee, baby bonds (or ubi) or tax cuts for billionaires? :ablobthinking: decisions decisions

https://youtu.be/-E--1xRydV0

dlakelan,
@dlakelan@mastodon.sdf.org avatar

@GhostOnTheHalfShell @economics @ineteconomics

Love this video. Hadn't heard of iNET before. I wonder if they want to fund some agent based modeling?

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@dlakelan @economics @ineteconomics

Nose around in it and their channel. They do fund projects.

dlakelan, to random
@dlakelan@mastodon.sdf.org avatar

I'm against student loan forgiveness, not because I'm against giving the money out... but because I'm against giving it out only to student loan debtors. Here's the idea... give everyone equally a #UBI and let the people with student loans repay it from there. I'm ok with limiting interest rates too, and rolling back capitalization of back interest... totally fine with that. But if we're creating money out of thin air and giving it to anyone, it should 100% be equally distributed.

dlakelan,
@dlakelan@mastodon.sdf.org avatar

A huge huge huge part of why we have such a non-functional economy with wealth inequality so high is because banks create money but they give it almost exclusively to rich people. In this graph you can see commercial debt, CPI adjusted, per capita, through time. Repeatedly we give brand newly created money (aka Loans) to business owners, they fuck shit up, then we bail them out again, it's an amplifying oscillation. https://fred.stlouisfed.org/graph/?g=1lz5V

dlakelan,
@dlakelan@mastodon.sdf.org avatar

No bank should be saying "well, how much do you imagine you can charge for your public YouTube video on traveling flames Mr Steve Mould? (https://youtu.be/SqhXQUzVMlQ?si=IvbHaw-SSZ3-cYsq) The answer is, fuck charging for that. And fuck "advertiser supported", just PAY STEVE TO MAKE THIS GREAT CONTENT AND LET EVERYONE WATCH IT. And get Google out of the middle of it. And simply "print" the money to provide the grant to get him to do it (ie. manufacture it out of thin air) the same way we "printed" the money for GWOT.

chris, to random
@chris@mstdn.chrisalemany.ca avatar

Hey @scottsantens and #UBI friends! This Canadian House of Commons petition needs some help to get across the finish line in the next couple days! Can you help spread the word for more signatures!?

"We, the undersigned, Canadians supporting GBI, call upon the Government of Canada to implement a national framework for GBI that tests various funding and implementation models and their effects on poverty, inequality, innovation and labour productivity.”

#GLBI #CanPoli #CdnPoli
https://www.ourcommons.ca/petitions/en/Petition/Details?Petition=e-4746

ChrisMayLA6, to Economics
@ChrisMayLA6@zirk.us avatar

There is always quite a lot of discussion about universal basic income in my timeline, and its an approach that has its supporters & detractors.

So, for those with time on their hands you might want to look at Ellis Winningham's pretty comprehensive series on UBI posted last year @BylinesScotland

There's lots to get your teeth into & I hope you find it helpful.

#universalbasicincome #UBI #workers #tax #economics #politics

https://bylines.scot/author/ellis-winningham/

holsta, to random
@holsta@helvede.net avatar

Drained from a few days of much social interaction, so looking at #UBI data. So far I only found two studies that didn't have obvious great outcomes, but that includes one that was cancelled early.

Also:

"When the project was finished in August 2023, Mein Grundeinkommen calculated that a tax-financed universal basic income of €1,200 per month could be financed for every adult in Germany that would make 80% of adults better off."

I'll take 80% anytime.

kagan, to science
@kagan@wandering.shop avatar

A natural basic income experiment began in the mid-1990s and how the kids (now in their 30s and 40s) are doing is incredible. As adults, they have fewer drug problems and their average IQ is higher. By age 26, the benefits of the UBI exceeded its cost by 3-to-1 thanks to better educational outcomes and reduced spending on crime and medical care.

https://academicminute.org/2014/06/jane-costello-duke-university-sharing-the-wealth/

(Reposting from elsefedi, where the original poster refused to add alt text.)

#UBI #UniversalBasicIncome #poverty #science

mjgardner, to random
@mjgardner@social.sdf.org avatar

Notice: I reply to any #UBI advocacy posts seen on my timeline with some variation of “it’s not yours to give.” Then I immediately set the thread to ignore any replies. I’m also ignoring replies to this post.

If you block me, I win.

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