It’s exhausting: the process of realisation that you’re #actuallyAutistic and unpicking 40yrs of fudges and workarounds so entrenched that you forget you’re going against your own nature, but it’s been costing you in energy, identity and self-esteem the whole time.
And I know the office tea-round seems like a fucking PATHETIC thing to lose sleep over, but imagine what it does to your confidence to feel incompetent about something so trivial. 😳
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.
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.
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.
It breaks all these unsustainable practices and con tricks, AND IT SAVES MONEY.
Oh, and it doesn't funnel money to offshoring wealthy sociopaths.
Money for UBI ends up in the pockets of people who need it to live, who spend it, and will spend it in their communities reducing the need for centralised support, means testing and other inefficiencies.
While #economics lags (pretty severely) in female representation, there are some stellar women who have made their mark on the field.
Elinor Ostrom was the first women to win the (fake) Nobel Prize in economics in 2009 and deserves to be a household name. Her work challenged the wide-held idea of the "tragedy of the commons" by showing how communities have managed communal resources effectively through cooperation and social norms.
Esther Duflo is the second woman and youngest person to win the Nobel Prize in Economics.
Her work, along with Abhijit Banerjee and Michael Kremer, brought experimental approaches to the field of #economics to better test and improve policy solutions, which they applied to fighting global poverty.
This has helped showcase the success of #UniversalBasicIncome which is gaining in popularity due in large part to Duflo and colleagues' novel approach to economic research.
I keep seeing media reports about all the things proven to "lift your mood and improve mental health." I do not see similar media reports about all the things that grind people down and cause them to suffer.
Without enough money to live on, people get depressed. No amount of walks in the countryside are going to be able to counteract that one fact. #MinimumIncomeGuarantee#CorruptToriesUnfitToGovern #TheUKisFallingApart
@glynmoody Hasn't he heard of Universal Basic Income and the results of hundreds of pilots which show real cost, equality and wellbeing benefits and rebutt many negative myths? #UniversalBasicIncome#UBI
Universal Basic Income Has Been Tried Over and Over Again. It Works Every Time.
'Tech billionaires like Sam Altman say they’re big fans of UBI and claim that it could solve the problem of mass job displacement when robots and software take over much of our economy'
Lately the Canadian media has been rehashing the incident last year in Parliament when Zelensky was here, but I see absolutely no mention of this...
Three Conservative MPs who met with far-right German politician will stay in caucus
Anderson , a member of European Parliament ..... which has been under surveillance as a suspected extremist group in Germany and is accused of downplaying Nazi crimes, opposing immigration and pushing anti-Muslim ideology.
I think that eventually people will start turning over their finances to AI, and it will be so obviously successful that it will be impossible to stop the movement to do the same with the federal budget. That's when we get UBI.
Watching a woman exit a food bank and donate to a man asking for coins, I’m reminded of the difference between personal responsibility and community responsibility.
Maybe naïve questions: How does #UBI sits in the #MMT framework? Public spending would far exceed production in the first months/years of the policy being enacted, since it can’t replace all social benefits?
This morning the Scottish Government launched a new whitepaper to set a spotlight on how, with independence, we can build a fairer system and scrap the cruel two-child cap.
One of the ways we could deliver this is through a Universal Basic Income, a policy championed by Greens and designed to deliver humanity and equality which has now entered the mainstream.
tl;dr: money always helps, but for the very poor, one lump sum can last a long time.
The latest research on the GiveDirectly pilot, done by MIT economists Tavneet Suri and Nobel Prize winner Abhijit Banerjee, compares three groups: short-term basic income recipients (who got the $20 payments for two years), long-term basic income recipients (who get the money for the full 12 years), and lump sum recipients, who got $500 all at once, or roughly the same amount as the short-term basic income group.
@thepoliticalcat@LeaBug@Catawu Instead of focusing employment/unemployment numbers we could always just normalize not every single human being not having to work a paid full time job. Those people could receive something like, gasp, #UniversalBasicIncome and be the cogs that helped family and community systems thrive through various small acts of service.