this post was submitted on 19 Jul 2026
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..."Eventually, we need some form of universal basic income for everybody while they work and once they retire," Roubini added. "We're already on the way."...

"We'll have either ex-post distribution—that is universal basic income—or we'll have it ex-ante. Ex-ante means some form of socialism," Roubini explained. "Essentially, the government is going to take over some fraction of the big tech firms."

He said AI companies are already willing to hand over stakes to the government, alluding to a Financial Times report that said OpenAI has discussed giving 5% as a way for the public to share in the upside of AI.

Altman's proposal would entail other AI companies providing similar stakes, although it's not clear if his U.S. rivals would be willing to do so.

As a result, Roubini believes universal basic income or socialism is inevitable, saying "We're going already in that direction, effectively."...

...he called it optimistic, given that it assumes 10% growth and "machines doing all the work."...

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[–] JoMiran@lemmy.ml 12 points 1 day ago

We will absolutely get UBI, or violence will ensue. That said, UBI will not look like humans being able to focus on arts and the humanities. The more likely scenario will be like that found in "The Expanse" book series where "life under basic" will be a threat, not a promise.