No_Ninja3309_NoNoYes t1_j28npx6 wrote on December 30, 2022 at 1:14 PM

I don't have a PhD in economics and after reading Sam Altmann's essay, I have the feeling that he doesn't have one either. It reads like self-serving rhetoric, throwing in some vague and unproven concepts into the mix the way a stage magician would try to distract you.

I will offer two acronyms KISS and YAGNI. Keep it simple and you ain't going to need it. The world economy IMO is not a fast ship that can turn around and zip away whenever it needs to. It's more akin to the Titanic. So this means pain and agony in the short and maybe long term. If you expect fairness and equality, you have not been paying attention in history classes and to the news. The answer that governments and Big Business comes up with will not be UBI but something more mundane

AndromedaAnimated OP t1_j28oxkz wrote on December 30, 2022 at 1:25 PM

You are definitely right in that Sam Altman is not an economist. He is a computer scientist.

And sadly I have to agree with your Titanic metaphor. But what I am thinking of is that we don’t have to be the guests dancing while the ship already collides with the iceberg. Instead we could learn from rats and leave the sinking ship in advance - maybe at the start of the journey and before we land in icy waters.

Now enough with the metaphors, I would love to see how KISS and YAGNI would apply to the problem. Since I am not an economist either - my background is neuroscience and psychology, and despite work and organisation psychology has been one of the directions I was interested in during studies and is basically even the reason why I got my job, I thirst for input from those more knowledgeable on this topic since in work/organisation psychology it’s more about the HR component and less the financial one.