The criticism that Universal Basic Income causes people to work less misses the point. This outcome should be seen as a success, demonstrating that people can find meaning outside of forced labor when given financial stability, challenging the privileged narrative that jobs are essential for purpose.
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AI will inevitably cause mass, short-term job displacement. To prevent a depression from collapsed consumer spending, Universal Basic Income (UBI) is essential. It acts as a bridge, sustaining demand and allowing society to benefit from AI's productivity gains while new industries emerge.
Proponents of UBI envision a future of self-actualized artists and thinkers. The more probable outcome for many is a loss of purpose, leading to a 'farm animal existence' of passive consumption and despair. The US reservation system serves as a grim real-world example of this dynamic.
While AI promises an "age of abundance," Professor Russell has asked hundreds of experts—from AI researchers to economists and sci-fi writers—to describe what a fulfilling human life looks like with no work. No one can. This failure of imagination suggests the real challenge isn't economic but a profound crisis of purpose, meaning, and human identity.
Contrary to fears of mass unemployment, AI will create massive deflationary pressure, making goods and services cheaper. This will allow people to support their lifestyles by working fewer hours and retiring earlier, leading to a labor shortage as new AI-driven industries simultaneously create new jobs.
Small-scale UBI trials are inherently flawed because participants know the income is temporary. Retirement, however, is a massive, long-running natural experiment in UBI for those over 65. Its immense popularity proves that a guaranteed, permanent income is a viable and desirable social policy.
Rather than causing mass unemployment, AI's productivity gains will lead to shorter work weeks and more leisure time. This shift creates new economic opportunities and jobs in sectors that cater to this expanded free time, like live events and hospitality, thus rebalancing the labor market.
In a future where AI and robots create all wealth and concentrate it among a few owners, societal stability will be impossible. To prevent a violent revolution, a massive redistribution of wealth—akin to communism or UBI—will become a pragmatic necessity, even for those ideologically opposed to it.
The popular goal of achieving financial independence to stop working is flawed. True happiness requires both independence (control over your time) and a sense of purpose (a reason to be productive). Lacking purpose after achieving financial freedom can lead to depression, as work itself can be a source of fulfillment.
While Universal Basic Income (UBI) might solve the economic fallout from AI-induced job loss, Ariel Poler is more concerned with the resulting existential crisis. For most people, jobs provide identity, structure, and meaning. The challenge isn't just funding people's lives, but finding productive ways for them to spend their free time.
Sam Harris challenges the fear that Universal Basic Income (UBI) would create mass purposelessness by pointing to historical aristocracies. He argues this large population, who didn't have to work, still managed to find meaning and live recognizably happy lives, serving as a real-world test case for a leisured society.
