Showing posts with label wealth redistribution. Show all posts
Showing posts with label wealth redistribution. Show all posts

April 10, 2023

Sam Altman's disturbing dystopia

You might not know who Sam Altman is, but he's pretty important right now.  He's a genius and he's got a dystopian view of the future.  It doesn't matter if it comes from a place of goodwill, it's the outcome that matters.

Firstly, Sam Altman is the CEO of OpenAI, and has been so since he co-founded it.  OpenAI is the company behind the now-familiar ChatGPT, the artificial intelligence engine that has become the focus of so much speculation about the future of humanity.  It's speculation that's premature in my estimation.  AI is nowhere near sentient it's justs exceptionally good at mimicking human writing, research and other human capacities.  It makes decisions but not based on anything more than predictive statistics. I have worked for years in Analytics with predictive modelling and am not saying this offhandedly.  I believe Sam Altman knows this and part of what he is saying is likely to hype up his companies.  It's smart business.

That is not to say that the discussion is not worth having. At some point true AI may exist and we are certainly not prepared because we have not had truly meaningful discussions about it and the various implications from a broad societal context.  Firstly let's start with a rundown of Sam Altman's thinking on this as summarized by YouTuber AI Explained.


The dystopia here comes from the concept of wealth redistribution in a varied form of Universal Basic Income. I'm not against the notion of everyone having food to eat and a roof over their head.  How could you be against that?  But it's a notion not a societal model.  How you get there is what's really important.  Conservatives argue that you have to give a person a purpose (most often via a job) in order for people to have a positive sense of self-worth.  

If Altman is right about the cost of goods and services falling to near zero, then my first question would be, why is a universal basic income needed at all?  If food and shelter are almost free, why do I need $15 per hour, or $2000 per month? Being out of work is still problematic since near zero is not the same as at zero.  And we still have many issues:
  1. Conservatives' notion of working providing meaning and self worth is a real concern.
  2. Some level of modest income is still going to be necessary at a minimum, for everyone.
  3. Besides those who own companies how is any income going to remain possible?
  4. There will still be a cost if we can get what we want when we want, all the time, but the cost could be environmental (this coming from a staunch global warming skeptic)
  5. UBI rewards the laziest among us and penalizes the most industrious
  6. What alternatives to Universal Basic Income exist?
Beyond that Altman's suggestion of taxing companies based on their valuation is ludicrous.  What if they lost a lot of money in a given year but still have a significant market value?  Are we then not accelerating their decline?  

His notion that society won't tolerate divergent levels of income flies in the face of all of human history. People dislike it, but they have always tolerated it. It also flies in the face of the idea of capitalism; those who want to push society forward, are the ones who make progress, and in the process, become rich. Socialism penalizes them and society suffers as a result. Altman's suggestion is worse; abdicating the pushing of society towards being better into the 'hands' of AI, is abdicating our responsibility as human beings.

Instead of focusing on Universal Basic Income, we should be focusing on Universal Basic Opportunity.  It allows us to continue to be humans and find meaningful ways to provide out individual meaning and sense of self worth. 

September 18, 2012

Obama: I wouldn't have supported welfare reform

All you need to know.


This is in addition to the Drudge-highlighted comments he made on believing wealth re-distribution in 1998.


April 5, 2012

The Joys of Middle Age, America.


Middle Age. A time of onset of countless maladies that can plague the otherwise healthy. Decreasing vision. Increasing lethargy and low energy.  Pains start where none existed before. Things you once enjoyed now cause problems.  Things that were elastic and tight are now loose and unresponsive.

All of that gets coupled with a fondness for times past - glory days - when everything was better. It also comes with a realization that very possibly, the best days have passed by.

Middle age can be a time of increasing wealth but often it is a time of unexpected economic struggle. Often things you could accomplish with ease can be done faster, cheaper, and more efficiently by someone younger, hungrier and with more gusto than you. It makes that economic precipice all the more dangerous.

It would seem by that definition that perhaps the United States of America have reached middle age.  Pretty much all of the above apply to America. Can a country reach middle age? Most countries that have been great powers have reached an apex have then waned. Perhaps it is the nature of nations to rise and fall. Perhaps America is no different.

February 16, 2012

I've said it before - Milton Friedman, genius.

A while back I included Milton Friedman's series on capitalism as part of my Saturday Learning Series posts.  The man was a genius. I've read some of his work and it is truly inspiring, and it's been too long since I've posted some of his thoughts.  Here are two videos of the man discussing capitalism and society.  The first one is him discussing the Inheritence Tax and the redistribution of wealth.  Similarly, the second is him discussing the myth that the government has benefited the poor at the expense of the rich and the reality of the fact that the government robs from both the rich and poor to give to the middle class.

Take a look back at his Free To Choose series for sensible economic reason.



February 15, 2011

Temperature Check: Massachusetts, Still Crazy Liberal

Deval Patrick - crazy bad idea.

Scott Brown, semi-Republican Senator from Massachusetts created a glimmer of hope for conservatives that even in a very liberal state, common fiscal sense might be starting to take hold.  But after a recent temperature check, Massachusetts is still crazy liberal, or at least Governor Patrick is. You may have already suspected that but as confirmation, there's a news story about a new Massachusetts mileage tax.
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