Most countries already have a wealth tax. They print money, which devalues their currency. You just can't do it faster than other countries, but everyone is moving in that direction.
The problems with UBI are: 1. It can't be high enough to live comfortably or else nobody would work. 2. Not everyone has the same expenses. 3. The people who need it most are generally the worst at managing their money. They spend it all at once for stuff they want but don't need, and then can't eat until their next paycheck. So we have benefits that can only be spent on food or health care or whatever the government decides you need, which is wasteful and results in income cliffs, where if you earn or save over a threshold your marginal tax rate is over 100%. China is doing better here than the US. They have 1/10 the homicide rate and don't really have a homeless problem. Their economy is growing much faster. Already they have surpassed the US in life expectancy and scientific publications. I don't think there is much the US can do about this as long as the average IQ in China is 8-10 points higher. On Sun, Feb 9, 2025, 2:44 PM James Bowery <jabow...@gmail.com> wrote: > Yep, and Maoist tools like Friedman and Mises have ensured we'll never get > Musk to recognize that he should be allying himself with Elizabeth Warren: > > > https://docs.google.com/spreadsheets/d/1BIyFjk0-YXG37dc1oKFmRXlHyTEUUN0Q38f1QIBQpiE > > He would have to: > > * free his mind and think about market-based property value assessment as > the basis of the monetary system > <https://jimbowery.blogspot.com/2020/01/property-money.html>, rather than > the Federal Reserve. > * give up on resisting an Unconditional Basic Income to privatize > government simply because he wants to pay lower wages > > Both of the above policies would turn the US into an Elon Musk factory -- > churning thousands of them out. > > But not even the e/acc folks are able to break free of their mental chains. > > On Sat, Feb 8, 2025 at 10:31 AM Matt Mahoney <mattmahone...@gmail.com> > wrote: > >> AI generated video keeps getting better. Here is an example from >> OmniHuman-1 by ByteDance. Why do we even need human actors anymore? >> https://www.reddit.com/r/singularity/s/UBlqfPyCwq >> >> China has also ported DeepSeek to run on Huawei 910x accelerators that >> are banned in the US, UK, and EU. V3 is priced at 1 yuan $0.13) per million >> tokens of input and 2 per output through SiliconFlow. R1 is priced at 4 and >> 16. >> https://www.yahoo.com/tech/beginning-end-deepseek-goes-100-183100522.html >> >> China is investing heavily in building its own chips after US export >> controls on NVIDIA and advanced lithography from Dutch ASML under US >> pressure. Prior to 2020, US and Chinese scienctists worked together and >> shared data freely, but both Trump and Biden put an end to that. >> >> You can see where this is going. China was way ahead of the US on >> controlling Internet content to suppress dissent, and it is clear that the >> rest of the world will follow. The bipartisan ban on TikTok and proposed >> bill to ban Chinese AI like DeepSeek is just the beginning. It is clear >> that social media content will be AI moderated and generated, run by tech >> billionaires beholden to whoever is in power. >> >> It's not uncontrolled, self improving AI that we need to worry about. The >> goal is not intelligence, it's modeling human behavior. All you need to >> pass the Turing test or to create an upload of your mind is predicting your >> outputs and carrying them out in real time. But the money is in predicting >> what you will want and selling it to you. Prediction is the key to control, >> and AI is better at it than you are. >> >> >> >> >> *Artificial General Intelligence List <https://agi.topicbox.com/latest>* > / AGI / see discussions <https://agi.topicbox.com/groups/agi> + > participants <https://agi.topicbox.com/groups/agi/members> + > delivery options <https://agi.topicbox.com/groups/agi/subscription> > Permalink > <https://agi.topicbox.com/groups/agi/T15cb7b094ac2a18c-Mf0439c613644e36a6c970b3f> > ------------------------------------------ Artificial General Intelligence List: AGI Permalink: https://agi.topicbox.com/groups/agi/T15cb7b094ac2a18c-Maac14d5fd534b87fb89fafd1 Delivery options: https://agi.topicbox.com/groups/agi/subscription
