Viewing a single comment thread. View all comments

TheSingulatarian t1_irxs07s wrote

Reply to comment by InvisibleWrestler in what jobs will we have post singularity? by theferalturtle

You will not be needed. If you are lucky, you will receive a modest UBI to keep you from rioting. Many on this sub seem to be ignorant of history and economics.

2

InvisibleWrestler t1_irylxgx wrote

I've very limited understanding of economics, finance and commerce. Anything beyond simple barter system is difficult for me to picture. So I can't really make sense of how trade, banking, capital accumulation etc. will work in future with AGI. How UBI will be arranged by government if people can't pay taxes? Will they just print money? What happens to poor countries whose economy is built around exporting services or goods to the Western countries?

1

TheSingulatarian t1_is0d13n wrote

The holders of capital will have to pay the taxes. They will be so obscenely rich it will make today's rich look poor.

1