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.

Demis Hassabis suggests Universal Basic Income (UBI) is an insufficient, 'add-on' solution for a post-AGI society. He posits that we will need entirely new economic models, potentially resembling direct democracy systems where communities vote on resource allocation, to manage post-scarcity abundance.

Instead of cash handouts (UBI), democratizing ownership of AI companies gives people a stake in the means of production. This aligns incentives and allows the public to benefit from wealth creation, not just receive subsidies, as AI transforms the economy.

Financial support (UBI) is insufficient for a thriving populace. The real safety net in an AI-driven world is a 'Universal Basic AI'—a personal, sovereign AI agent that acts in the user's best interest. This provides capability and access to resources, ensuring individuals are empowered, not just subsidized.

To combat public fear of AI-driven wealth disparity, the tech industry should champion direct equity ownership for all citizens over UBI. Creating a fund like 'Invest America' that gives everyone a stake in major tech companies would align public interest with technological progress, unlike UBI which can strip away purpose.

As computation becomes essential for expression and economic participation, a new 'Right to Compute' is being advocated for and even enacted (e.g., in Montana). This right aims to protect individual access to computational tools, including AI, from government infringement.

In a future where AI agents are the primary economic actors, traditional currencies like the US dollar may become obsolete. Instead, compute itself will function as the ultimate store of value and medium of exchange, as it is the fundamental resource required for all AI activity.

As AI agents become primary drivers of value creation, the ability to command computation will define wealth. Stored energy, convertible into computation, will be the ultimate resource. This makes finite, sovereign digital energy proxies like Bitcoin increasingly relevant as a foundational asset.

Sam Altman outlined a new social contract for the AI age, suggesting a tax on automated labor (robots and AI) instead of human income. This revenue would fund a public wealth fund, providing citizens with an 'AI dividend.' This proactive policy aims to ensure the public broadly benefits from AI-driven productivity gains, not just company owners.