Economic Systems: A Millennial Approach
Nate Golden
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Nate, glad to see someone I know expressing their thoughts on here. Realistically, AI will take over all forms of production, including creative outlets as they’ll have logic, reason, emotion, creativity, and more human traits by 2029 according to most experts. With that in mind, Universal Basic Income is the only solution that could sustain us. One consideration of Universal Basic Income that you might considering addressing in another piece would be new classifications of wealth distribution — if everyone earns the same amount and AI can do most trades better than humans, even creative ones, only “old” money will grow, and the owners of AI. What effect will this have on class warfare? Hope you write some more, man!