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Why ‘Universal Basic Compute’ Is a Solution to Economic Inequality

Why ‘Universal Basic Compute’ Is a Solution to Economic Inequality
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The Future of Work: A Post-AGI Solution

Introduction

The idea is straightforward – in a post-Artificial General Intelligence (AGI) world, many traditional forms of labor may become obsolete. The concept of Universal Basic Computing (UBC) offers a potential solution to this problem.

The Problem with Universal Basic Income (UBI)

Proponents of Universal Basic Income (UBI) argue that it addresses some issues, such as poverty and economic inequality. However, critics argue that UBI falls short in an AI-driven future. UBI may provide a basic level of income, but it does not empower individuals with the tools they need to adapt to a rapidly changing world.

The Case for Universal Basic Computing

UBC offers a more forward-thinking solution. Rather than distributing money, UBC would provide every individual with a share of the advanced computational power that fuels emerging technologies like AI. This could empower people with wealth-building tools that enhance productivity and creativity.

How UBC Could Work

As explained by Sam Altman in a recent interview, owners of compute could use it, resell it, or even donate it. This concept is simple yet powerful. With UBC, individuals would have the ability to:

* Use the computational power to enhance their skills and knowledge
* Resell the compute to other individuals or organizations
* Donate the compute to those who need it most
* Participate in a peer-to-peer market, allowing individuals to trade compute resources

The Benefits of UBC

UBC could bring numerous benefits, including:

* Empowering individuals with the tools they need to adapt to a rapidly changing world
* Providing a sense of autonomy and agency
* Fostering creativity and innovation
* Encouraging entrepreneurship and economic growth
* Reducing poverty and economic inequality

Conclusion

In conclusion, Universal Basic Computing offers a promising solution to the challenges posed by AGI. By providing every individual with a share of the advanced computational power that fuels emerging technologies, UBC could empower people with wealth-building tools that enhance productivity and creativity.

FAQs

Q: What is Universal Basic Computing (UBC)?

A: UBC is a concept where every individual is provided with a share of the advanced computational power that fuels emerging technologies like AI.

Q: How would UBC work?

A: UBC would provide individuals with a share of the computational power, which they could use, resell, or donate.

Q: What are the benefits of UBC?

A: UBC could empower individuals with the tools they need to adapt to a rapidly changing world, provide a sense of autonomy and agency, foster creativity and innovation, encourage entrepreneurship and economic growth, and reduce poverty and economic inequality.

Q: How would UBC be implemented?

A: The implementation details of UBC are still being explored, but the concept is simple and has the potential to be effective in a post-AGI world.

Q: What is the difference between UBC and Universal Basic Income (UBI)?

A: While both concepts aim to provide a basic level of support, UBC provides a share of the advanced computational power that fuels emerging technologies, whereas UBI provides a basic level of income.

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