Elon Musk says Universal Basic Income is “going to be necessary.”
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- Опубликовано: 10 фев 2025
- Elon Musk at the World Government Summit 2017 in Dubai.
(Full conversation) • Video
Transcript: medium.com/@0r...
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UNIVERSAL BASIC INCOME PLAYLIST
• Basic Income (10 Reasons)
More videos on Basic Income: ruclips.net/video/gh_kaQSSVt8/видео.html
"With automation there will come abundance". I like that one.
I trust that the elites will make sure there is a limited supplies for abundance, because there are control freaks out there whose happiness in life comes from having control and a superficial sense of superiority over others.
@@artsparadisopracticaleduca4378 no
@@artsparadisopracticaleduca4378 not really, competition will come in other ways beside food, water, standard shelter, standard vacations etc.. If you want higher quality food, a better car, better shelter, better vacations etc, you'll always be able to work your ass off to get it done :)
Think of all the basic needs like water. Everybody gets free water in North America (I think?), and it can and will go beyond that one day, yet it doesn't take away from competition for people who always want "more", which is a fine thing.
Isn’t it already so with cheap chinese goods?
Abundance for the one percent, the rest are just a literal waste of oxygen. And who will protect you from an AI army? The US military, lol
He’s being very careful with how he speaks, he knows what’s going to happen
@1:15 "Everything will become very cheap".
So. Thus. We buy a car with heated seats and adaptive cruise control and 10 speakers and 20 airbags.
But, let me walk you through this passive income UBI math.
The gallon of milk got cheaper because of the automation. Basically, fewer man hours on the active income excomponent side.
Now, we have an active income excomponent and a passive income excomponent to deal with.
Basically, inflation is a percentage. And percentages ARE fractions. And percentages have TWO excomponents values. There must be a numerator AND a denominator. The margins are the denominator, and the labor hours worked is the numerator.
To blame the people doing all the work for inflation is technically the correct semantics. But. Economic iniquity (not inflation) is passive income's fault.
Because math backward works great for adjusting for inflation in economics. Divide labor hours by the margins to adjust for inflation.
But UBI is not technically the math formula of inflation, but a totally different math formula, called economic iniquity.
The workers asked for a 5% raise, and the workers caused 5% inflation. But when the passive income investors want a raise, they get blamed for economic iniquity, not inflation.
Technically, UBI is passive income.
Inflation is super simple. It's ALL fractions. It's really easy.
It's impossible math for everyone to save for a one-star retirement, and everyone receives a two star retirement. There will be a rob Peter to pay Paul involved. There will be Peters involved. The Peters will not be happy. A "Sucks to be you" economy.
The mathbackwards from Peter's perspective is that his labor hours are divided by inflation.
Work it from peter's perspective. Backwards..
Paul is taking 50% of 8 equals 4. Paul is taking 50% of Peter's margins.
0/4 Paul
+ +
8/4 Peter
= =
8/8. Total GDP
8/8 is the total pie. 8/4 is Peter's slice of the pie. And 0/4 is Paul's slice of the pie.
8/4=2
Peter has to work 2 times as many hours at work because Paul is not working. The zero is Paul not working. Peter has to make up for the passive income investors not working. To make up for "economic iniquity" (not really the exact definition of inflation in Peter's perspective). This fits "economic iniquity" as a math formula better.. In the semantics of Peter's perspective. Economic iniquity is if Paul asks for a raise. Inflation if Peter is trying to keep up with Paul's raise.
Inflation is a really fun math formula.
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? there will be free will!? an era of abundance will begin!? the intellectual and motor capabilities of robots have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@@francescoambrosino1841 Hello. I´m pretty sure that a basic income is needed (from the government) for companies to have a broader public with purchasing power. Imagine how bad robots and algorithms are as consumers. There would be a chance to make it an unconditional and high enough cash payment to establish a society without the fear of poverty, but that would be a freeing from involuntary paid work for all (not just the rich) and that could be paradise, I mean the real end of slavery. All involuntary work could be done by machines. What would then be the meaning of our lives?
He is a psychopath. Just look at his eyes. O, I forgot. They also don't want Arabs and Latino's after the replacement.. Even the Vatican has given up the "old" herd. WAKE UP!!
And of course, it won't apply to him.
One's meaning of life is only determined by your job and/or what your employer values? No, pensioners find freedom to finally get to do what they wanted to do but never had the time; to volunteer in their community, to start a business, to pusue a hobby, etc.
Can you imagine if we were all given this freedom with guidance to improve the health, welfare and safety of others and ourselves?
CM Nakagawa. Wouldn't it be great to have the freedom and financial independence to be able to start a business, learn a creative skill, travel, volunteer in the community, etc. without the pressure of having to provide the basic necessities of life by working in a soulless, mind-numbingly boring job for subsistence wages. If anyone has the skills to create such a future, Elon could be that person.
#Bernie2020
Until you hit a pandemic and hyper inflation....then that all goes to crap...
oh come on, be intellectually honest for a sec, we all know what he mean is, the ambition, the drive that keep us moving, from our earliest years, that is what he talking about, for example, most US kids nowaways want to be youtuber, what set of skills u wanna learn, how high education u wanna achieve, that is ur meaning of life.
if everyone given universal basic income, what will drive u to do more in life if everything is spoonfed, for example now people are getting stimulus checks for not trying, and they will keep not trying as long they been well fed. and that is bad for economy.
Haha, pensioners can be found en masse playing slot machines in every club throughout Australia.
Start a business will also might not be possible yes I agree you could work for Higher purpose or I mean work on health, do meditation but it might be that technology even advanced that human won't even to work on health a society with ambulance is set to be destroyed and not all people have hobbies some just want to achieve something like I want to earn to help people but this put question does i really want to help it is just act or i just want to be like God and next I think about is easter philosophy like Hinduism Buddhism which says that most human being could be is nothing
"B-baka! I-It's not like I want basic Income! I just think it's necessary, okay? NEC-ES-SAR-Y!"
Lmfao.
Weeb
Weebs are awesome! Lol XD it's obvious I'm one
Hirasawa Yui you being a genius doesn’t mean your a genius in say speaking.
Dude you posted cringe you are going to lose subscriber
I'm currently unemployed but what gives me meaning is volunteering, and bettering myself in other ways. and I sincerely doubt robots will take over babysitting jobs, or even nursing and mental health jobs. those jobs require human touch.
True but I think he is refering to the 90% of factory jobs you and I maybe have never done or even seen. Elon Musk isn't talking about a single country here. We tend to forget that there are millions upon millions of people assembling our Nike shoes, sewing our tshirts, assembling our laptops, and so on.
Some guy in UK running a fish 'n chip shop , may actually derive meaning from it, enjoy the community, and do something no robot will do. But that is the 10% of the jobs out there.
The vast majority of human labor out there is something that robots will do better, faster, and for cheaper. I think that is the point of what Elon Musk is saying.
Now if you think about these people, factory workers, they tend to have these jobs because their limited education doesn't give them access to something better. In a sense companies profit from them, without really lifting them up. So for these people, there could certainly be a crisis of meaning. Their whole life is based on survival and making ends meet. They are increasingly made redundant as we are already hearing news of factories in China adding more robots and replacing thousands of workers. So these are the people who are gonna be hit the hardest first. They don't have a lot of education, they don't have an outlook on life that we can enjoy with the comfort we have in the west. They are losing their jobs, and they haven't had opportunities for meaning that we have in richer countries.
While those jobs may always exist at some level, we will need far less people to do them. Even now technology is reducing the need for people in these fields, except babysitters :)
Nope.
We will even have Robo-Sitters that are just as good at caring for and engaging kids. even better than a human baby sitter. They will have emotional feed back and eveything.
You think i'm cazy now but just wait untill it happens.
Won't need babysitters if the parents don't have a job.
Won't need parents if the babysitters don't have a job.
The new currency will be self improvement.
Larry Ramsey Just like in Star Trek
How would that work? can you give an example?.. curious :)
Larry Ramsey exactly, thats the main ideal behind Thomas More book, Utopia. It was wrote around 500 years ago and some things he says it happens, are starting to happen today. It's a great book and everyone should read it.
Basically society will benefit from you doing what you want, lets say you love to cook. In today's society being a normal cook at a chain restaurant can be a lot of work for minimal pay just to get by and pay bills. However in the future you'd be supported to do what you want meaning you could get the essential items needed to survive and run your own restaurant cooking the food you like. There would be no discretion between people and their occupations, however if you don't do anything you're not going to be kicked to the streets you'll be wasting your own life. It will then be popular to be an active person in society by accomplishing your own goals and improving your own self worth, your accomplishments become verbal/social currency. People who do the most or people who focus intently on a goal or goals will be valuable to everyone.
Larry Ramsey yes, that is a great example. We are already walking that path, but we might not be aware of it. At least in Portugal, where i live, everyone in college ia trying to get a lot of experience in a lot of diferent areas, so when we get out to the "real world" we are better suited to give to the society our knowledge and to constatly evolve as better people to build a better society based on sharing experiences and deeply reflected information.
Automation will cause mass unemployment, but might also save us from being 9-5 slaves and allow us to do what we love. Automation will provide us with our resources.
Did the Printing Press cause unemployment or employment overall?
Jack Grothaus lol u think its that easy that everything will be free and u will not be a slave anymore just by sitting off ur ass....think harder man they will control even the air u breathe everything comes at a price
Computers caused unemployment
It will create mass economic independence.
@Elizabeth Gray no, the income will come from financial transaction taxes. and there is no way around it since else we get mass poverty and mass poverty always ends in wars, riots, revolution or Hitler.
This is why we should vote for Andrew Yang!! #yanggang
Bruno Kallas it’s too early, we need to set some foundations first. We need to establish social security laws first and make sure that any UBI laws are actually stable.
@@greatcesari
UBI is social security bro. UBI is the foundation. UBI isn't the end all be all. It is a foundation that we can build on top of.
Quiet
@elonmusk @andrewyang.. I figured it out… Atlas Earth a new app you can buy land across the world and it’s a mixture of Pokémon go and sims yes it’s a video game but that could be the way to virtually make money
Or a app or video game type thing
I agree with Elon Musk that this will probably be the future. However, I think the majority of people who will be displaced first are people who do not find meaning in their work and will actually find meaning in life once robots take over and a universal basic income is set in place for people to have a proper foot to stand on. Freedom and choice. This will allow more people to start figuring out what their personal meaning is in and of life. I don't think people will be feeling meaningless, but once adjusted will be way better off.
I don't think so. Humans have evolved to do labor. Throughout all of our history and prehistory.
Elon Musk is nuts.
Freedom huh
By 2030, you will own nothing and be happy lmao
If UBI isn't regulated, what is stopping the powers that be from controling the populace as they please?
Ubi is neo feudalism. Most living off a small government check while probably not owning homes or vehicles or probably anything. While a few ultra rich capitalist control the world. Ubi is a form of insurance for the elites. To keep them in power and able to horde wealth in the future.
The death of labour isn't a problem. When basic income is introduced, that's when real life begins.
I would recommend you get used to this kinda life first because it's going to take awhile
Did you even watch the video? When death of labor and basic income will become universal people will commit suicide.
@@Ignasimp No. Wage slavery is a modern thing. Humans used to chill a lot more before
@@Ignasimp humans weren't born to be an ever working cog in a machine. What is "natural" isn't what's happening now. What evidence do you have that people having more expendable income and free time would lead to depression?
@@nathanielchieffallo4273 people back then always had work to do. Find food, get water, maintain the house, take care of children... There were always things to do.
The most important part starts at 1:17.
Watch him struggling to find the right words, actually trying to avoid to say that "by the time you can't compete a robot there is no reason to exist, what's the meaning to be allowed to live".
We live during the most dark times of the human history. We survived in the caves back in the dawn of mankind, we survived the plague, we survived the wars, but it's not sure if we ll survive the malthusian technoFascists.
*If the government cared about you, it would do everything it can to make you as self-sufficient as possible.*
FidelHimself I see communists and utterly clueless intellectuals everywhere.
The only people who are self-sufficient are people who live in the wilderness. Everyone else is utilizing a system of control to direct resources to themselves.
"system of control" The voluntary marketplace is the opposite of a forced system such as UBI. You are the ones who feel they do not need to interact with their fellow humans on a voluntary basis. You will advocate to throw me in prison if I do not go along with UBI wealth redistribution. That is the only way it will work.
How is Libratarian society going to be a good thing once automation comes along?
FidelHimself Agreed. Most other people here are brainwashed idiots who think that automation means everyone's gonna lose their jobs and starve to death when in reality it'll just allow us to work less or do simpler jobs because things will be even cheaper. Simple as that!
"Where will people find meaning" he asks? Research shows 87% of people worldwide dislike going to work. Unlike billionaire entrepreneurs, most people who work for someone else already find meaning outside of work. Why would people love vacation if their source of meaning came from work. This is going to be an amazingly beautiful thing if he is correct. This is exactly fixing up to be another Renaissance and a gigantic boom in creative arts, Entrepreneurship, sports, and basically anything we wished we could have been doing while working jobs we hated. Think about it: these are jobs that typically prevent people from doing what they love. Now, with an income to pay the bills and all the time in the world, people will be free to explore their interests.
yes!
Truth
You can think that if you want but it anit gonna happen the way you want
Man , cool off a bit. UBI doesnt mean you go in vacations and you have hobbies. UBI = surviving limit (food, clothes, shelter, thats it). And keep in mind that they give you money for nothing. This thing wouldnt last forever. So, start to think some alternatives. Trust me, you wouldnt want to depend on UBI.
I wish I could hear what he thinks about Andrew Yang’s plan.
I mean, Andrew Yang prob said verbatim what Elon thought of UBI, probably inspired by musk.
He likes Yang but can’t endorse him because of his Board of Directors
@@340395Andres he just did
he just tweeted he supports Yang
Daniel Ku dreams do come true
The world could get exponentially creative as FUCK if this happened. The arts could explode from a much larger % of people finding their meaning in creativity and betterment without having their energy placed in work. But then again it could just encourage mass laziness. who knows.
mass laziness, mass creation, both sound fucking sweet to me my leige *tokes joint*
Shouldn't the act of creating art it self be the reward? Art requires desire not just skill. Otherwise even robots could replace those "jobs."
Ever played Minecraft? Ask all those people who never earned a penny creating great architectures and complex things, why they even bother doing all that work at all?
There is already an Explosion of Arts due to a lack of employment in other fields.
pizzahot Minecraft Creations were more than just kids on the internet: MineCraft itself was a Canvas created through hard work and it was bought with real money. Not to mention, there were some proffessional MineCraft builders helping people set up servers, and there were server hosts asking for donations to keep running.
The fact is, Art is not it's own reward because it costs money to make and it cost money for the creators to survive.
Robots will never replace art, it isn't possible.
Elon Musk thanks for defending the basic rent. This is very serious.
What will happen when millions and millions of people lose their jobs forever?
RIGHT!!
Ubi is neo feudalism. Most living off a small government check while probably not owning homes or vehicles or probably anything. While a few ultra rich capitalist control the world. Ubi is a form of insurance for the elites. To keep them in power and able to horde wealth in the future.
The rich will get richer and the rest of us will start to die off because of starvation.
Universal basic income is a pipe dream. Anyone who thinks that business owners or the government would give us money for free is crazy.
The problem with UBI is that society will have people that squander the opportunity. If you look at empires throughout time, near their ends waaaaaay to many people desired to live off a bloated state. They become obsessed with bread and circuses. Abundance + idle minds = decadence. There has to be some mechanism put in place to ensure that people are working on things that add value to their own lives or to society.
we can get meaning through family, and have more time to be creative and do the jobs we are passionate about. We don’t need to worry about people being lazy, people will automatically find better things to do, than spend their entire life just working to survive.
Wrong. Universal basic income will likely cause MASS and I mean MASS depression world wide. Some people are hedonists who only care about instant gratification and momentary pleasure. The other maybe 50% of people like to find a purpose. I personally get incredibly depressed unless I have a productive day. When I got to college and wasn’t doing a sport anymore like in high school, I had incredible amounts of free time compared to the last four years. I was massively depressed and incredibly anxious. I resorted to drugs and alcohol to feel something and that only made it worse. Now, my days consists of studying all day and going to the gym and my depression improved. But if there ever comes a day when I won’t need a job, won’t need to go to school, and won’t even need to be fit as automation will sustain life, I will likely give up on living in that kind of world. My philosophy on life involves hard work and always trying to be the best you can be. If there ever comes a world where you don’t need to try to live in “abundance,” I don’t know what I would do.
@@TheGoat-dp5xy
A nationwide, two-year pilot scheme was launched in Finland on 1 January 2017. In total, 2,000 participants, who were randomly selected among those receiving unemployment benefits and aged 25-58, were entitled to an unconditional income of €560 per month, even if they found work during the two year period. The experiment tests whether the implementation of basic universal income could help provide welfare more in line with the changing nature of work, reduce the cost and complexity of the benefits system and provide citizens with greater incentive to find work. Addressing issues caused by automation, long-term unemployment and lower wages are part of a larger social context for the experiment.
As planned, the experiment ended at the end of 2018, and the government of Finland has decided not to continue the experiment while the results of the study are analyzed. Preliminary results were released in 2019. While levels of employment did not change, it did report that *those involved showed "fewer stress symptoms, fewer difficulties concentrating and fewer health problems than the control group.* They were also more confident in their future and in their ability to influence societal issues." The full results of the study will come in 2020, after researchers have had time to analyse all the collected data.
Experiments with basic income in the Netherlands are experiments with social assistance (more than basic income) as they focus on current welfare claimants. The most important experiment was called Weten wat werkt (Knowing What Works) and was a cooperation between Utrecht University and the City of Utrecht, studying "alternative approach to deliver social assistance". During the experiment, social assistance claimants were randomly divided into four groups, each of which received payments under different conditions. The aim of the study was to investigate the effects of different or fewer rules on claimants of social assistance. The experiment was supposed to be launched on 1 May 2017, but approval by the Dutch Ministry of Social Affairs and Employment was delayed. The experiment started in June 2018 and concluded in October 2019. Results showed that there were *no negative effects and some positive results for all three interventions compared to the control group.* Participants increased their participation in the labour market but benefits to their health were too small to be statistically significant.
And there are many more actual test runs of basic income. en.wikipedia.org/wiki/Basic_income_pilots#cite_note-38 does a good job discussing each one.
Its unlikely that you will ever be in a a situation where you are receiving basic income. However even in the case where you are receiving it, its unlikely that you will be unable to find any work. Even if that's the case volunteering for any group that does charity work is always an option. Habitat for Humanity, Meals on Wheels, the Red Cross etc. Universal basic income will never destroy or really ever destroy being able to have a purpose. Honestly for some UBI would allow them to actually do the work they want to do the most, as otherwise it would not pay well. There are tons of people who wish they could actually deliver pizzas for the rest of their life but the actual wage they receive is barely enough to support them and so on.
Personally for me the issues you are describing are likely moreso linked to some undiagnosed mental issues than explicitly needing a purpose. And I would suggest trying to actually talk to a professional to help pinpoint and treat them. Humans do need purpose in their lives, certainly. But the deep depressive state you fell into when without, instead of building up your own things to do until I assume it became incredibly destructive could point to something actually undiagnosed.
Personally, there are tons of things I do that I would love to be able to do instead of my job. With UBI I would finally be able to work on them full time and actually embrace these hobbies, as I have troubles finding enjoyment in things that I do for work as it tarnishes the fun I can find with them. I would love to be able to write, draw, and do more woodworking but two of these options are likely not to provide enough for me to subsist on and woodworking is something that I'm just getting into. But even if I could make these hobbies into an actual living I feel that they would slowly become tarnished and my enjoyment would decrease.
@@mewbusi these experiments are bullshit. People in them still had a job because they knew once the experiment finished they would need a job. These experiments are complitelly flawed.
And 560 euros month is not that much. When a good job can grant you 2000 euros a month, and earing 1000 euros a month is considered a low paying job most of the times.
Competition will come in other ways beside food, water, standard shelter, standard vacations etc.. If you want higher quality food, a better car, better shelter, better vacations etc, you'll always be able to work your ass off to get it done (& have purpose!) :)
Think of all the basic needs like water. Everybody gets free water in North America (or at least very cheaply), and it can and will go beyond that one day, yet it doesn't take away from competition for people who always want "more", which is a fine thing.
@@DanyPell a lot of people I they are handed money without working will not work to get more. It's not a matter of competition it's a matter of necessity.
Came here for Andrew Yang
Yang 2020!
Why do conservatives love this guy so much, when he is one of the main promoters of the NW0?
If the super rich are promoting it, it might be wise to be cautious. UBI seems more like a bandage to a broken capitalist system in which mass unemployment caused by automation will leave workers with less money to buy the products that these automated factories produce. UBI might help people short term, which isn't a bad thing, but it mostly just maintains the status quo.
Guaranteeing everyone 1000/month is definitely NOT “maintaining the status quo”.
If "maintaining the status quo" means UBI, than it can't be that bad.
Basically it'll be the only way for capitalism to survive once 70% of the human population become unable to work due to automation. No matter what though, we will need to implement a method to limit to an extent what all people can accumulate and buy. This would mean limiting the amount of food you can obtain (this was done through money, but if not money, some other method so that we don't enter a phase in which the human species fights over the means to not starve). Homes are an easy enough fix as we negate the ability to buy a multitude of homes and in turn implement a single home/no rent process that allows everyone a home, but cannot obtain something well beyond their needs (if you live by yourself, you don't need a 3 bedroom home/apartment).
I think it's really just the only possible solution. People will revolt if they can't feed themselves or their family. You can't just make everything free because people will over consume and exceed even the abundance that automation produces. UBI makes essentials free up to a sustainable point. Beyond that amount, further resources can't be acquired. It also allows supplemental income. People with marketable skills or innovative ideas can still get wealthy. This preserves financial motivation.
The rich support this because as you said, they need people to purchase their products. But more importantly, they don't want to be robbed and executed by starving hoards of displaced laborers.
Kurt Vonnegut predicted it FIRST in "Player Piano" 1952 (almost 66 years ago) -- there will just be "reeks and wrecks" and a small minority of ultra rich. Read Kurt Vonnegut Jr. "Player Piano"
Oh yes because SO many people derive deep 'meaning' from their jobs. Sorry for the sarcasm, but that does not sound like that big of a problem. I'm sure Elon gets an enormous amount of meaning and personal satisfaction from his position, rightfully so. I would wager the vast majority of employed humans actually do not find significant 'meaning' in their jobs. A universal basic income would free many millions if not billions to seek and realize true meaning in their lives.
Yes, many people are depressed these days because their jobs feel meaningless, but they can go back home knowing that they worked for their home, their shoes, their food, their electricity, etc. In essence, they feel like they have earned their place in society. If you get a UBI, you don't even get that satisfaction of knowing that you earned it. That really eats at your self-esteem.
You don't understand what he means entirely.
agun17 I'd rather be able to live my short life the way I want instead of spending over 1/3 of it working unnecessary jobs just to keep a roof over my head when we've come so far as to it being no longer necessary. I'd rather have a UBI and find meaning my way, self esteem would have a better chance being earned in this respect than just working to prevent starvation.
Thank you!
Marc Cisneros How many decades of travel and videogames before it gets old?
It shouldn't be a bleak future. People need to embrace what's possible. No more crappy jobs should be celebrated. People will be able to focus on what makes them happy. They can spend their time finding meaning in their family and relationships. Their hobbies, interests, art and creativity. UBI will be necessary. Don't wait until it's too late. Yang2020.
You cheering for your own destruction 🐑 🐑
I don't think meaning is hard thing to deal with, I think we just need to encourage everybody to follow what makes them happy without compromise, there they will find their own meaning.
In an era of nihilism like today you think meaning is not a hard thing to deal with? Really?
@@Ignasimp yh I think it's a bit short sighted to suggest otherwise, the question would be what would the adaptation look like maybe after some probable chaos
What future would kids have to look forward too?
Humans are more than just mere labor. We are made to create, to explore, to paint, to draw, to engineer, to design, to invent. What will be necessary is creative centers in every city and village where people can go to express their human creative side bringing forth newer and greater technologies, and create artistry for the rest of humankind to enjoy.
Speaking as a socialist/communist this guy is an enigma. On the one hand he represents the ultimate form of the perfect Capitalist and on the other he epitomises the wonderful ability of collectivism(All of his companies exploit state sponsorship to the Nth degree).
If I had to make a guess who was a time traveller/alien this meatbag gets my vote.
He's definitely a capitalist. However, if what he says is true, and there's such a job shortage, then all of the money will shift towards the top. Maybe it won't happen if it comes slowly and society can adapt. But if it comes quickly, then this makes sense.
This guy became rich in US but he konws what is happening...
IamMAN this is not to argue with you, but has communism ever succeeded? Even Bill Mahr who is a classic Democrat is not for it because he says in the history of man, it has never worked out
@@JonnyAbs-0 this is not about communism o socialism, How many people do u need working for having fresh breathing air? exactly very few... How many people do u need for having cereals on your table? in a developed western country 2/3 %... now automation is making every job in manufacture obsolete and the same is happening for the services like banks or supermarkets
@pierfrancesco cusati there's a big problem with your point. We currently have a worker shortage. Not a surplus. That cannot be I ignored. You can't change things now based on a what if decades down the road. Deal with that hurdle when we approach it. Right now we have the opposite hurdle. Need more workers and companies are willing to pay and increasing wages
Meaning comes from realizing that you, and all of us, are Life - and that self expression, community, and learning about and taking care of ourselves, each other, the earth and life is what we can build our culture around, instead of survival and fear.
Its sad how people in this comment section don't understand Elons point of meaning. Just because you have a shit job doesn't mean all jobs are shitty. Its a psychological need for humans to feel needed and feel fulfilled, and its not something you can do by wasting away indulging in hobbies like travelling or cinema or gaming. Use your head a little,in case you don't know, Elongated Musket isn't stupid.
I absolutely agree, and it's nice to have one of the most intelligent business minds on the planet validating my conclusions
rockster10101 I self validate anyway lol
He throws money at popular technologies and people praise him for it.
RealColeP You do what he has done and I'll praise you for it.
@ RealColeP
Research and development requires funding. He is doing more than most other billionaires by funding emerging technologies that will be needed to further advance mankind. What the hell have you done lately?
Lol keep on idolizing him
Should we not be required to work anymore in the not too far future, we will have the opportunity to pursue whatever we want. That's a dream come true. Imagine how the arts and any other creative endeavor will flourish when the mantle of responsibility to pay bills is cast off. I believe during this period in our possible future we will learn so much about the world and ourselves.
It probably just means people will spend a lot more time playing video games and surfing the internet
don't fool your self into thinking "most people" want to be creative and artsy fartsy.
"many people" would be just fine to play call of duty and watch youtube vides for 17 hours then go to bed and get up tomorrow and do that again.
i honestly think hes right. not necessarily everyone gets the same income, but i think there will be a "minimum" income, potentially expanding up to the middle class. it sounds like something out of a science fiction novel but i think that is what will be needed...
Dankrupt it actually in multiple Robert A Heinlein books so yeah definitely right out of Scifi.
He explains how it would all work out economies but honestly I've never quite been able to wrap my head around his particular method of doing it.
they also did a UBI program in part of Canada, but the NoCanadaers on the youtubes say there is no Canada, it's a hoax and crisis tree actors
Dankrupt It won't work. Inflation will decrease the value of currency to compensate. This will force govts to continually raise the universal income wage resulting in more inflation. While this happens the cost of producing goods will continually rise making the basic income next to worthless. Gah, the basic income idea is so incredibly stupid!
***** Ontario Canada is actually starting a pilot project in the next few months.
This would be true if governments were creating new money out of thin air to pay the UBI (which could be really bad) but usually when we talk about this we mean paying for it with taxes/wealth redistribution. Inflation happens when a currency loses value and that usually happens because more of it is pumped into the system. The cost of producing goods will continue to fall, as it always has, with more automation.
art and creativity and self improvement will become the new necessary
self improve for what? Society won't need humans.
Do you know the truth about UBI is? You'll ONLY get free food, housing and water. No oil paint, no oil canvas, no cameras, no musical instruments, no clay or space to sculpture with, lol.
Those things can be created by simply gathered materials.
The most important discussion that needs to take place today
This is a nobrainer for me.
YES UBI.
Realize that people r considered useless and will be removed
5 years ago still not here......only 250,000 views on this video....wouldn't take it to seriously
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? there will be free will!? an era of abundance will begin!? the intellectual and motor capabilities of robots have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
You need Basic Income so you can be productive.
Stupidest words ever said
No work, only free time. Gigity
Lol
He is right. The challenge is how do we prevent humanity from growing out of control? Without any economic pressure that slows down having children, people must be well educated on the consequences of a growing human population. Without that we run the very real risk of consuming the Earth to the bone, even faster than we already do now.
UBI might actually slow down our consumption. All the oil rig workers will suddenly not have to work...Who the hell would want to do that job if they didn't have to in order to pay the bills?
My point was that if you have no worries about basic survival and you
know your kids will be taken care of by the state, what's stopping
people from just having huge families? In western societies birthrates
are doping because it's expensive to have kids. I'm sure many people
would love to have a big family if it didn't cost them anything, which
would have tremendous negative consequences for the Earth's resources.
Public education is key. In fact, society should be based on education and the application of the scientific method.
It won't. Why would you think it would? As long as there is a paycheck, people will still do those jobs, and needed change will be slow if it happens at all. In a UBI system, people who have jobs will be considered a class above those that don't. It won't fundamentally change much.
Pay $1000-3000 for men who are willing to have a vasectomy. To be humane..... only for men over 40 and/or men who already have 2 kids. Just a thought....
I don't think finding meaning will be a serious concern. I think there will be enough jobs and areas of research left for the people that absolutely need to work to find purpose will have them, but I think most of us will be content finding meaning in doing the things we enjoy doing the most, pursuing our hobbies and passions, traveling the world, spending our time with family and friends, and enjoying everything the world has to offer. Honestly I think the majority of workers now do not feel like their work is meaningful to begin with. Most of us hate our jobs and only work out of necessity, and we will be much happier without them.
So hating your job and getting stressed out gives people meaning? The employer can replace you in a day, so you really don't have value anyways. Elon doesn't see the whole picture.
I don't think you see the whole picture
Then you didn't listen to what his number one concern was at the end of this video. As for the robots, they will take over and people WILL have to adjust. And people like you won't know what to do with free time because you lack the ability to be independent and creative. I will love it.
You are so much smarter than Elon and everyone else
Guywithcrazyideas that is when people adapt which is the one thing humans are great at, adapting
It's great entertainment to keep your mind off despair.
Stress is better than despair.
If working for someone else for 8-12 hours brings meaning to your life, I have bad news for you. There are a lot of things that people can do, to occupy their lives, without needing to work. Not being constraint to do work for our survival will help us search and why not, reach, for our maximum potential, in changing our lives as much as we want to. But the key is to cover basic human needs: shelter, food and medication. Of course, if we want more, we can work. It's not about having all we want for free, but not having to worry for our survival, but rather for our improvement as individuals.
If I can get a universal income that is better than just getting food stamps every month, and can enable me to at least go into town and "splurge" every now and then to have fun so that I'm not just stuck or cramped up in my home all day every day with nothing to do or no where to go, that'd be great, at least I'd get a little exercise. A universal income I would hope promotes and enables me to buy a vehicle with it. Right now I have no vehicle, and going into town is way too expensive I can't see my friends or do any thing, I'm forced to stay at home and do nothing or else I risk starving if I spent my money on any thing else, so if it's between starving for going out and doing things or sitting at home doing nothing, and a universal income that enables me to go out and do things without the risk of starving, again that'd be great I'd definitely choose universal income.
Edit: To note, reading through this comment chain you'll find ignorant asshats acting like they know me on a personal level attacking me, either calling it laziness or what have you, accusing me of blaming other things because it's "easier" to blame other things than taking responsibility. I do take personal responsibility, I sure as hell am not lazy as active as I am to take what ever Under the Table jobs that is available for me in classified such as hauling junk from one place to another, fixing plumbing and all sorts of other miscellaneous jobs. What keeps me from getting hired for a job is not my preferred language that I use on the Internet anonymously, has nothing to do with my overall attitude I may exude on the Internet anonymously (be nice to me & watch me be nice to you, don't expect me to be polite if you are going to be an ignorant cunt and accuse me of shit without first knowing me on a personal level, if that offends you, fuck you I don't care, if you're not offended I still don't give a fuck, deal with it, you're welcome to your opinion, my attitude towards your opinion makes no difference.). I don't have my HSD (High School Diploma) so I'm working on getting my GED (General Education Diploma) which should help alleviate some of my burdens in getting hired for a job.
So I argue that our Federal standard mandate on Education needs to be reformed, a massive overhaul. If students (such as myself) had no interest in learning more advanced forms of a subject then they should not be held back because of it, let us graduate and be done with the crap. I had no interest in learning any thing beyond basic math (I know from addition, subtraction, multiplication & division, how often am I going to need to know more than this in my life? Not every one wants to grow up to be an Astronaut) & science, but I excelled at Geography, Literature, and History, and even excelled as Physical Fitness and Health education, I could've very easily gotten something within these fields that I enjoyed doing. If someone can explain to me in a rational logical way that makes sense where the Federal Education standard mandates that a HSD/GED is required to be hired for a job flipping some damn burgers, be my guest and help me make sense of it, because as it stands right now there are College students who are employed for these mediocre jobs complaining about the low minimum wage pay that I would gladly be able to do with no complaints, and they get these orders wrong often, I'd most likely do a way better job than they do.
Any ways enough with the rant, I've said enough. Anybody else who still wants to argue this feel free to do so, I won't waste my time repeating myself, if you want to harass me I'll either ignore you or simply report you. Unless you have some constructive criticism that is respectable and polite, you are exempt from that scrutiny, I can appreciate if you have something to add and contribute to an overall discussion. Call it a "Safe Space" if you want even though it's not, I just don't care to put too much of an effort beyond explaining this much to assholes who just want to be assholes for the sake of being an asshole.
He is talking about in the future when automation takes over the majority of jobs. Right now there are an abundance of jobs for you to do if you'd like to splurge and be able to go out.
Unless you happen to be like me, stuck in a state that still enforces Affirmative Action, and happen to be a white male.
No, hes talking about right now. And what has been possible for at least a century. An abundance of jobs you say. Where are you living? The jobs that are abundant around here don't pay enough to keep your head above water. And usually serve little social purpose beyond the money cycle.
By the time we are so completely automated as a society that everyone has a universal basic income, you won't need "a vehicle for you", there will be many other much better, cheaper, more sustainable options.
That sucks. If you earn money on the side are you able to save? Consider doing something internet-based to get a little revenue stream. Like starting a blog/youtube channel and posting content, eventually that's gonna be a few $ in your pocket.
Not a hard thing to do a all. When robots are doing everything we will all be free to find meaning in our own lives. Learning new things, languages, spending more time with our families, doing charitable causes, exploring the world. A few people like Elon may find meaning in their work but there isn't a single person I have ever worked with who wouldn't quit the day they won the lottery. Most important thing we need to do is to regulate our procreation. If people were obliged to get permission from society to have children Universal Basic Income is a piece of cake.
yes
Elon Musk is insane.
You failed to understand the point. How will people feed their families?? How many countries can afford to pay their people?
Exactly and not be forced to have to work with people that we don't like. I'm not a people person
@@goo1358 Honestly this UBI concept is a pipe dream. We'll probably end up in extreme poverty while the rich get richer.
I have never had a job that made me felt like I had a purpose. I always feel like im being forced into a labor camp or else im not allowed to eat. Am I doing it wrong?
Grow your own food
"If there is not a need for your labor. What's the meaning?" I'm afraid this is going to be a huge issue.
wake up people !
It's time
#YANGGANG
Hell yeah! Everyone get out and vote for Andrew Yang!
Meaning will finally start to get its due. A job is not meaning. Meaningful activity is meaning.
agree
Unless that job is actually cool.
people will be free to do what they want. further their minds, travel, devote to family/friends, hobbies...be lazy if they want. they will no longer be tied to an identity that was all about slaving their life away for the benefit of someone else, not living.
Careers are meaningful for a lot of people. i.e. Cancer Research, Sustainable Energy development etc. your point is meaningless.
Meaning can be found in a job, but not all jobs are meaningful
This video aged well, here we are in the age of advanced AI like ChatGPT
Someone like Elon Musk, who is changing the world and following his dreams, derives meaning from his employment. The vast majority of people are doing jobs they don't really care about because it allows them to stay afloat. I don't think people will become depressed on a significant scale due to not having to work.
So why can't jobs come back that people actually WANT to do, and that also pays well? Oh yeah..the economy doesn't reflect the family, it reflects consumerism.
Automation is only an issue because workers don't have control over the profits robots generate.
ANDREW YANG 2020
There will either be universal basic income or pure hell of global conflict.I am optimistic that the AI will produce abundance which will make universal income very possible and humans will focus more on creative domains and spiritual endeavours !
“mark of the beast” vibes
Regarding meaning: People would ultimately do the things they love doing without going to a 9-5 every day. Go on walks with their loved ones, creating music, being an artist, exploring, creating sustainable products. This is why the arts is really powerful. People will find meaning through passions. When people have the necessities of life, values change dramatically.
Stephen Hawkins has been preaching this for years. It’s good others understand.
lol he doesnt wish it to happen and yet he's one of the elites spearheading the robot revolution
This was the exact reason I took up automation 10 years ago. Because the future is in automation.
You're eventually going ruin everybody else's future.
@@newyorkfan16 eat nuts 💔
Everyone does that
Pensi che nel 2035 con l'avvento dell'AGI (Intelligenza artificiale generale) e della ASI (super intelligenza artificiale) metteranno il reddito di base universale!? un sussidio!? ci sara il libero arbitrio!? inizierà un'era di abbondanza!? le capacità intelletuali e motorie dei robot hanno già superato l'umano medio e prima del 2035 si parla del fatto che supereranno quelle di qualsiasi essere umano e poi ancora quelle di qualsiasi essere umano combinato! per quanto riguarda sia il corpo che la mente! rispondetemi perfavore...
The only thing stopping me from living in a remote area in nature is needing to work I hope for the sake of our future children that a universal income doesn't happen but if it does happen I will definitely live In a place set in nature. I always feel my best there and hate coming back to the ghaotic busy modern civill world. I'm perfectly capable of surviving in nature and can grow.my own foot.
Late comment. But same here
Andrew Yang 2020
I think you’ll appreciate the new vid I just put up ;)
The Matrix in real life didn't happen because robots took over in a hostile manner. Contrary to the movie they simply take all the jobs away and most people lose the leverage, power, influence and resources they had in the power structures of society.
basic income will work as long as we replace our consumer culture with something more meaningful
What?
I agreed until the end. This "how will people find meaning?" question only comes from people who don't understand that human beings are meaning makers. We don't find it, we create it. If we don't have to work, we'll make art, we'll become more athletic, well grow our own food, and travel. There so many people who wish they weren't overworked so that they could do these sorts of things, but he seems to see it kind of the other way around, and it makes no sense. We'll have more time with our loved ones. We'll be better able to care for the sick by actually being with them. We'll have more time to fall in love, to think, to teach our kids. Life overflows with opportunities for us to make meaning. I would not expect meaning to become scarce just because people won't need to work 40+ hours/week.
How will you afford these magical things you preach if you don't have a job?
I could easily find a better meaning for my life than working in a restaurant. Seriously that won't be a problem. I'm waiting on you, future, Please hurry. While I'm still alive.
I'm 18 I hope this happens before I'm 30-35!
It'll probably happen way before that.
I'm curious on what you're basing your assumption on.
Socialism will never happen here in America man
Working in a restaurant might be more tolerable if the boss knew that you had choices. If he knew that you could quit in the morning and still be able to live relatively comfortably then his tune would change. Your conditions and rate of work would improve. I have seen this happen in the caring sector where private sector rates of pay and hours and conditions had to improve to match those in unionised public care facilities. Owners of private care facilities now have to look after their workers very well especially with the recent COVID crisis which is driving a huge demand for care workers and making their abuse and exploitation well nigh impossible. Enhanced social welfare payments benefit not only the recipients but also every worker whose paymasters have to compete with these payments as a base line in determining pay rates. Pay for labour is usually much lower in countries that do not have a comprehensive social welfare safety net. Bosses can get away with paying very low wages if their workers do not have recourse to an alternative income, usually from the state.
There are lots of other ways that people can contribute to their communities other than working a 9 to 5 Job. Volunteering would be a great example because the people who are volunteering are there because they actually WANT to be. Not because they NEED to be. It would also be MUCH more fulfilling knowing that the work you do is actually making a difference in peoples lives. Plus the work environment it's self would be much less stressful.
YANG GANG 2020!! Let's make it real.
I hope it happen soon. Call me lazy or wtv, but I hate the idea of working. There will never be a job where I will find "meaning". I don't care whether I'm the CEO of a top 500 company or a cashier at mcdonalds, I just hate working. I don't like the idea of wasting my time chasing paper, coins and virtual numbers.
I've always preached about universal basic income to my friends, it's so great to hear that Elon Musk supports the concept as well.
If the societies are clever, they will take advantage of AI and robots. Give People basic income and instead of working from 9 to 5 with a shitty wage, they can unleash their potential by educating themselves, innovating, and just living more balanced lives. However, if everything goes wrong and only a few people gain the benefits of the automated work, it's going to be very shitty times ahead.
Lmaoo he literally said it’s something he doenst wish for so he doenst support it that’s what he just think will happen
i dont think we are at that point yet though
Ubi is neo feudalism. Most living off a small government check while probably not owning homes or vehicles or probably anything. While a few ultra rich capitalist control the world. Ubi is a form of insurance for the elites. To keep them in power and able to horde wealth in the future.
@@freckles9857
We’ll be there soon. Possibly in 10-20 yrs
Obviously it's made for those few people so we could all pray it doesn't happen in our lives
I like his last saying about meaning of existence. Another interesting fact about this future is the distribution of wealth. Ultimately with robotics, there will be monopolies. There will be super rich and super consumers and the problems we face now in politics will be a lot bigger.
As the evolution of technology goes forward, the probability of a social system similar to communism, increases.
3iikka sadly, yes
False. As technology increases, the possibility of communism decreases. In no way, shape, or form does this video champion communism, nor will communism ever exist. Robotic automation will give us abundance like never in history and essential goods will become nearly zero cost to everyone.
And what about resources (raw materials)?
As it was predicted by marxists... nothing new here
unified octopus babies indeed 😉 Roddenberry predicted the exact same scenario
One thing's for certain, things will go to complete shit before any universal income is introduced. We're talking years (maybe even decades) of turmoil before we solve the issue.
#yanggang
Yes!!!
How do people find meaning, I honestly think that's an issue we have today due to the sheer amount of work we do in our lives vs the time off we have in a given year.
During an interview the Dalai Lama was asked what surprises him the most, his response:
“Man surprised me most about humanity. Because he sacrifices his health in order to make money.
Then he sacrifices money to recuperate his health. And then he is so anxious about the future that he does not enjoy the present; the result being that he does not live in the present or the future; he lives as if he is never going to die, and then dies having never really lived.”
The "much harder problem" is "How do you pay for it?"
Leisure will be life's meaning in our brave new world.
people will be free to pursue anything they can think of. I think a basic income will create something close to a utopian society and allow people to live relatively stress free and happy
You won't be free and most likely we'll be dead
Yang Gang
Not so good if they limit your spending and travel. With the basic income in place they will have total control so you can comply. They will sell this to us as a better way but it’s not.
YANG2020 This is the guy to vote for if you agree with Global income like Elon Musk and our FUTURE check him out
Yep! First person I'm proud to cast a vote for in my entire life
He hasn't said he wants that to happen, but that it is inevitable. The end of the video definitelly tells us he sees this as a problem.
I can't remember the last time I met a person who was deriving meaning from his 'job'.
With the new age of automation in the workplace, this kind of thing will absolutly be essential, or we might end up living in the world of "Elysium"
It is extremely more probable that we end up like Elysium instead of having UBI. Why would the rich or the government voluntarily give us money for free?
I sincerely hope that universal action can be reached when the challenges in our path can no longer be ignored. My immediate priority though, is for us to start taking our impact on the climate more seriously, and make a universal effort to prepare for the worst, but still make our best efforts to at least try to slow things down a little, maybe... if that's even possible at this point. So yeah, if we still have an inhabitable planet once robots have put everyone out of a job, then universal basic income would be imperative.
AndrewYang2020!!!
Yang has my vote but lets be realistic. UBI has almost no chance of passing. Sure it almost passed with Nixon. It will almost pass if Yang is elected. I'm a much bigger fan of UBI instead of minimum wage being increased. Unfortunately people like Bezos would never let that happen. It involves taxing these companies. Bezos is to busy with his 160 billion while he has employees on food stamps. I don't mind tax dollars going to those in need or those less fortunate. I have major issues with an employer paying their employees so little that they need to rely on government assistance. Meanwhile Bezos has so much money beyond a point that you could spend in a thousand lifetimes.
Just give it a few more years. I can see it now. Amazon has driver less cars and drones that drop off your packages. The warehouse is filled with robots that move items. At best there is a few robot repair techs/engineers at a location. Bezos net worth grows to half a trillion. Meanwhile we have homeless people that don't have a bed to sleep on and the once middle class cant afford 1 bedroom apartments that are going for 3-4k a month. Currently average around 2500 a month near me.
I live like that already and don't feel any depression. I enjoy very much being free to do the fun things that I enjoy. I'm retired. Not having to be slaved for food, goods and mountains of money, people will have time to live the way we were supposed to . many different options over being sat looking the horizon every day. For example, learning art, play instrument, singing g, body building, cooking, taking care of plants, charity service for free and the list goes on and on.
Everything will be cheaper due to automation. Ubi probably will be taken into consideration
Anyone have a link to the full interview?
Yang 2020.
Yes! Please check out my new vid on guaranteed income!
UBI is just like RUclips, but instead of providing basic income RUclips provide basic information for everyone
If costs always go down due to more automation, it means the value of the basic income will constantly go up. I think over time monetary exchange will be unnecessary. we will probably move over to an access/sharing economy. Ownership will be a thing of the past.
Yes
+Bronson Kind of... It would be more correct to say Globalism/Globalization is inevitable... The concept of moving past national boarders and focusing on humanity as a whole as opposed to a particular nation or region...
The Star Trek analogy many in the comments are stating is an apt analogy. Where we unite under the common banner of humanity and use our combined knowledge and excess resources to better everyone on the planet as we then look to space expand our borders and gain additional resources.
It is time we do what humanity IMO was made to do... Conquer the stars.
rockster10101 I never said that I personally would get to conquer them... i won't even be alive by the time this is all settled and humanity has been placed on this track (or a mad max equivalent if it fails), But in a world where resources are near infinite and exceedingly cheap its exceedingly likely that humanity will grow and change.
Also you should look up George Carlin's talk on your precious rights, its one of my favorites.
I can get used to saying "I call dibs on the girl("your" girlfriend) for Friday night".
Communism is inevitable
There's only one solution:
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THE *GLORIOUS* EVOLUTION!
This is so interesting. Elon mentioned how does a person derive meaning from their lives if they can no longer source it from their work. Haha been pondering that myself for so long. I feel excited that society is finally beginning to see beyond the materials! But its going to be a painful transition.
Theres nothing wrong with being useless
Elon is saying were gonna have the mark of the beast soon ,
YES!!!
I NEED THAT BASIC SECURITY SO I CAN DO BETTER WORK!!
This is the most unlikely audience receptive to a UBI. He's clearly trying to avoid describing the consequences of mass unemployment. But, one day it has to come in one form or another... hopefully politics won't screw it up.
Vote Andrew Yang!
The "all the jobs will go away" mentality also arose during the Industrial Revolution about 200 years ago. It's sad to see such a visionary as Elon apparently not having confidence in the entrepreneurial spirit and a free market, and lean toward an idea that is inherently Collectivist in nature.
@Vaas Montenegro I hate to break it to you buddy but that's pretty much what they thought during the Industrial Revolution as well.
Pensi che nel 2035 con l'avvento dell'AGI (Intelligenza artificiale generale) e della ASI (super intelligenza artificiale) metteranno il reddito di base universale!? un sussidio!? ci sara il libero arbitrio!? inizierà un'era di abbondanza!? le capacità intelletuali e motorie dei robot hanno già superato l'umano medio e prima del 2035 si parla del fatto che supereranno quelle di qualsiasi essere umano e poi ancora quelle di qualsiasi essere umano combinato! per quanto riguarda sia il corpo che la mente! rispondetemi perfavore...
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? there will be free will!? an era of abundance will begin!? the intellectual and motor capabilities of robots have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
@@francescoambrosino1841 So who will build and maintain these robots in your crystal ball, and why would that make UBI an even remotely good idea? As for free will, that has existed for millennia, yes there may be consequences to decisions, good and bad, but free will still exists. Seriously, as I already stated such panic has stricken people due to technological advances before, and those fears were unfounded. There's your answer hero.
I mean, it's pretty logical to think that almost everything is going to cheap with autmation, as Elon himself said at 1:01. I really believe UBI is the answear. UBI equals Freedom.