Let's imagine that half of the jobs or more are lost. It would create a shock for the economy as a whole, incomparable with anything that happened before.
It's a snake eating its own tail paradox. It means massive bankruptcies across all sectors and some governments defaulting on their debts. We can forget about UBI in these circumstances. Yes, OpenAI and Anthropic will pay more taxes but the economy as a whole will be uprooted.
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Let's imagine that half of the jobs or more are lost. It would create a shock for the economy as a whole, incomparable with anything that happened before.
It's a snake eating its own tail paradox. It means massive bankruptcies across all sectors and some governments defaulting on their debts. We can forget about UBI in these circumstances. Yes, OpenAI and Anthropic will pay more taxes but the economy as a whole will be uprooted.
Nothing wrong with uprooting a dysfunctional economic system.