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Jun 28, 2019

the trouble comes when UBI is used as a way of merely making techno-capitalism more tolerable for…

Posted by in categories: business, economics, Elon Musk

So, if something is universal, doesn’t it mean that it will apply to everybody? If so, why are individual countries racing to experiment with UBI? (Sam Altman, chairman of Y Combinator and co-chairman of OpenAI, may be the exception to date but he is attempting that in a silo).

To truly address the root causes of exploitation and inequality, why isn’t the paradigm of ‘I win, you lose’ Nonsense surfaced? Is that because you are so preoccupied with surviving/getting ahead for yourself, you are not aware Business-as-usual is the water we swim in?

Most countries don’t even have a minimum wage but Silicon Valley technocrats like Bill Gate, Mark Zuckerberg, Elon Musk and others globally are universal basic income (UBI) advocates. To expedite the latest Business-as-usual gold rush, UBI could be an initial bait.

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