How do we get to UBI and Post-Labor Economics? Decentralized Ownership: the New Social Contract!

UBI is never a solution, it will lead to inflation and become basically worthless almost immediately, then governments will impose price controls which will lead to shortages of basic goods. Socialism has already been invented and this is very basic economics, don’t be fooled by the UBI stupidity. For those who don’t want to live under the boot of the coming dystopia, decentralisation is the way to go.

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PHASE 1 – EARLY VICTIMS
First victims are creatives (default value of creativity is zero)
Back office (clerical, administrative) is on deck
RULE OF THUMB: forgivable and unregulated jobs most vulnerable

PHASE 2 – WINDING DOWN
Shorter work weeks proposed as a way to transition away from human labor
Gives people time to adapt to life after work, find new hobbies, find new meaning, etc
Gives companies an opportunity (and incentive) to automate more stuff
RECOMMENDATION: Move to a 4 day work week ASAP, then a 3 day. This will pave the way for a smoother transition!
RECOMMENDATION: Remote work so that people can preemptively move to lower cost and preferred areas to live (prime example: ME)

PHASE 3 – SAFETY NETS
As TOTAL EMPLOYMENT plateaus and begins to drop, the establishment (Fed, States) acknowledge the reality
Existing tools (unemployment benefits, etc) expanded and utilized while STATUS QUO is attempted to be put back
As NEETs continue to rise, acknolwedge of NEW ECONOMIC PARADIGM emerges (Post-Labor Economics is needed)
MILESTONE: Politicians and mainstream media start talking about this stuff (might use different names) but watch for AGI and “labor market” shifts

PHASE 4 – POST-LABOR ECONOMICS
Cities, States, and Federal governments all reconcile with the new economic paradigm
UBI and UBS implemented (probably starting with stuff like basic utilities, power, water, internet, phone)
REDISTRIBUTION of some form becomes necessary but problems persist!

NEW SOCIAL CONTRACT
Old social contract: “Government mediates relationship between labor and business”
But labor is going away… so now what?
New social contract: “Government mediates relationship between citizens and business”
Okay… but what does that look like?

ECONOMIC AGENCY
Biggest problem with UBI and UBS is that it takes away most agency
Sure, you can choose where to live (unless housing is alloted to you) but that’s just straight up Communism with a capital C
NO ME GUSTA
So how do we maintain economic agency in this Post-Labor Economics paradigm when we aren’t exchanging labor in a labor market?

DECENTRALIZED OWNERSHIP
It hit me like a ton of bricks – duh! Decentralized ownership!!
DAOs – maybe one path forward
Public Trusts – another option
Local Coops – farms, utilities, goods and services

SWARM DAO
Vaguely launching an expansion of my agent swarm initiative
I think that a DAO could be a great way for collective ownership of AI-driven companies
This model could be congruent with capitalism and wealthy investors (they can still invest in anything, but we all get more equal voting power, and the AI swarm abides by stakeholder capitalism rather than shareholder capitalism)
This is HIGHLY experimental and speculative

EXPERTISE GAP
Not everyone is an expert manager, or qualified to run these things
AI to the rescue!
If AI is smart enough to dislocate 80% of jobs (or more) then it’s smart enough to run utilities and businesses ON OUR BEHALF
Maybe blockchain/DAO is the way we manage and direct the AI?

STAKEHOLDER CAPITALISM
Pushed by Larry Fink of Black Rock (kinda sus, NGL)
Idea is simple: instead of maximizing value of shareholders (which kills the planet) you maximize value of all stakeholders
Customers, employees, vendors, environment, and bystanders
What if… this is part of the new social contract?
What if… the way we implement this is with decentralized ownership?

CITY POLICIES
Towns and cities everywhere can prepare for URBAN EXODUS
Moving out of expensive cities to lower COL places is key for everyone (economic efficiency, lifestyle changes)
UBS best organized and operated locally
Circular economics implemented at municipal level too

STATE POLICIES
Collective ownership generally established at state level (Vermont allows for DAOs)
Relocation and resettlement support and initiatives
Some UBI and redistribution should happen at state level as well, other safety nets

FEDERAL POLICIES
New Social Contract must be led by president and congress
Teddy’s Square Deal, Franklin’s New Deal, now we need Dave’s Fair Deal (lol)
Renegotiating the social contract and gently transitioning to this new economic paradigm is absolutely critical for the stability of the nation

TIMELINE
IMF and Goldman Sachs aim for around 2027 to 2028 when all this really starts to ramp up
We should expect gradual expansion of “Frontier of Automation” starting… yesterday
Regulatory hurdles take a while
Bell curve of adoption will still be a thing (presently in Early Adopters phase, Early Majority to start in 2024)

My intake: will take longer, but the decentralised push is inevitable for all people who don’t want to live under the boot of the coming dystopia.