đšFORGET UNIVERSAL BASIC INCOME.. WHATâS COMING IS UNIVERSAL HIGH INCOME.. AND THE ECONOMICS ACTUALLY MAKE SENSE..
Hereâs the part nobody is explaining properly..
Inflation happens when too much money chases too few goods.. Thatâs the textbook rule.. Print a trillion dollars and the amount of bread stays the same.. Bread gets expensive..
But what happens when AI and robots make the bread..
Not some of it.. Nearly all of it.. At near-zero cost.. Faster than humans ever could..
The supply of goods and services becomes so massive that even if the government sends everyone a fat check every month.. The robots are producing stuff even faster than the money is being printed..
More stuff than money means prices stay flat.. Or they actually go down..
Thatâs the deflationary offset.. And it breaks every economic model built in the last 200 years..
Think about what this means..
Right now you earn money by trading your time.. Your labor.. Your body.. Thatâs how itâs worked since the beginning of civilization..
But if robots do all the labor.. And they donât eat.. Donât sleep.. Donât buy houses.. Donât consume the things they produce..
Then somebody has to give humans the money to buy what the robots are making.. Otherwise demand collapses.. The economy dies.. Not because we ran out of stuff.. But because nobody could afford to buy it..
The government becomes the distributor of the robot dividend..
Not charity.. Not welfare.. A mathematical necessity..
But hereâs where the skeptics have a point..
AI can write infinite code.. But it canât create infinite land.. Or lithium.. Or fresh water..
If everyone gets a high income check and tries to buy a house in Malibu.. Those prices explode.. Because beachfront property is fixed.. No robot can manufacture more coastline..
If everyone spends their checks immediately on limited physical goods.. The speed of money moving through the economy could outrun the robotsâ ability to extract raw materials..
And if high income is guaranteed.. Who takes the jobs robots canât do yet.. Complex surgery.. Specialized plumbing in old buildings.. High-level diplomacy.. Those service costs could skyrocket..
So the real answer isnât as simple as ârobots make everything cheapâ..
The real answer is.. AI creates a post-scarcity economy for digital and manufactured goods.. But physical scarcity still exists..
The future isnât expensive bread.. Itâs expensive land..
The thing that will separate the rich from everyone else wonât be income anymore..
It will be what you bought before the robots arrived.
They wonât land on the moon in 2026 but landed there in 1969. They know they can't fake it now because it'd be too easily to expose their lies, which will in turn put gravity, planets, evolution, and everything else under serious analysis. We're being fooled but it is what it is.
After much reflection, I have decided to resign from my position as Director of the National Counterterrorism Center, effective today.
I cannot in good conscience support the ongoing war in Iran. Iran posed no imminent threat to our nation, and it is clear that we started this war due to pressure from Israel and its powerful American lobby.
It has been an honor serving under @POTUS and @DNIGabbard and leading the professionals at NCTC.
May God bless America.
I donât think even 9/11 had this many first responders + every FBI and DHS agent on the scene.
If it were a Church or a Mosque, good luck getting this kind of dedication. America is occupied.
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