The article discusses the contrasting views on universal basic income (UBI) amid rapid AI advancements. While AI leaders like Elon Musk and Sam Altman champion UBI to address job losses from AI, David Sacks, Trump's AI czar, dismisses it as unrealistic. He argues that UBI reflects a fantasy of a welfare state. Despite rising local support for guaranteed basic income programs, Sacks believes that at the federal level, UBI discussions are unlikely to gain traction, particularly under current policy influences. The tension underscores a major debate about the future workforce amid technological disruption.
The future of AI has become a Rorschach test where everyone sees what they want. The Left envisions a post-economic order in which people stop working and instead receive government benefits.
Those at the forefront of the AI revolution have long warned about the risk AI poses to jobs, and have called for a universal basic income to soften the blow.
Numerous cities and states are already experimenting with its humble cousin, a guaranteed basic income, which distributes checks to specific populations in need.
David Sacks said on X this week that such government 'welfare' is a 'fantasy.'
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