Increasing artificial intelligence and robotics forces us to deal with something we all feel: millions of jobs will be lost soon. From factory floors to law offices, from driving a truck to financial examination, AI learns to do our work faster, cheaper, and often better. This is not a future problem – it happens now. The real question is what we will do about it, because the old idea of tying safety with a salary will be ruined.
Many public personalities offer big ideas. My own favorite solution is universal main income (Ubi)that I have promoted for more than a Decade. This is where everyone gets a guaranteed monthly cash payment from the government, no strings attached, enough to cover the basics. UC Berkeley Professor of Finance Emeritus, Mark Garman suggested the Universal Basic Capital, giving all the assets to make income and dividends through a superfund. Xprize founder Peter Diamandis on X recently has promoted the universal basic owner, where we all have a stake with companies driving the AI revolution. Openai CEO Sam Altman talks Universal extreme treasureWhere AI’s productivity is so big that everyone lives in prosperity and luxury.
Everyone deserves it, and I want them all. But putting actual cash in people’s pockets by UBI is still the most practical, immediate way to keep society stable while AI takes more economy.
Ubi is simple. Everyone gets a monthly check – no hoops or bureaucracy. If desired, I will also support crypto payments and using the Blockchain. Regardless, if the machines do the most of the work and the development of wealth, we must cure people directly to the money earned. And in this way, no one falls on cracks because they do not fill in the right form or meet some unjust requirements, as often happens in the welfare system. Ultimately, it’s not just about salvation – about freedom. In the basic financial security, people can spend more time creating, studying, taking care of loved ones, or living a simple life without constant grinding.
UBI critics increase costs, inflation, or fear that people will stop working. But real-world trials-from Alaska’s oil dividend to pilot programs worldwide-tell another story. People did not suddenly become lazy. Most continue to work, start businesses, or invest in skills. What changes are less emphasized, healthier, and more prepared to take productive risks.
Alternative to Ubi
Mark Garman’s Universal Basic Capital has an appeal. Giving people a stake to a superfund that comes from properties in automation-dependent businesses can generate long-term wealth and make all participants in markets. This is a way to adjust the imbalance between those living in capital revenues and those living in wages. But the crash of markets. Dividends dry up. And setting up accounts, financial reading teaching, and managing properties -ownership increases the complexity that UBI avoids.
Peter Diamandis’s promotion UNIVERSAL BASIC MAKE -OWN is also attractive: we all directly own part of companies driven by the AI and automatic industry of the future. Which aligns with the public’s interest in the development of technology and can make the whole country shareholders. But convincing existing companies to provide significant equity is a steep climb. And even if they did, the stakes in the owner could not expect to pay rent without selling them.
Sam Altman’s Universal extreme treasure is the strongest view-a future that is abundant that all live like today’s multi-millionaires. AI is driving the cost of goods and services near zero, and the money becomes insignificant because everything is almost free. It is inspiring, but far away. We cannot bet the next 10 or 20 years in a perfect utopia that shows exactly if we need it – even if I support the long -term idea.
Spreading wealth
All of these ideas share the same moral core: if AI created an unimaginable wealth, it could not pile only on some corporate bank accounts. It needs to spread widely or the society is fractured when the unemployed picks pitchforks and uplifts. But Ubi is what can work today, to keep people free.
First, it’s about liquidity. People who have lost their work on automation do not require a stock portfolio – they need money for groceries and rent this month. Second, it’s simple. You can send cash to people today without building new systems from the beginning. Third, it respects individual choice. People can decide for themselves if they pay a loan, take a class, help their family, or start a hustle on the side.
The beauty of UBI is that it does not hinder us from testing other models later. We can start with the cash security, then the investment capital, shared sharing, crypto projects, or new distribution systems. This is the safety net that makes everything possible.
I am not against a future of universal ownership or intense wealth. I want to see it. But as we wait for the future – and hope it works the way we think – UBI can make sure no one is left behind. It can maintain the economy Stable And buy time to develop whatever next.
It’s not about “free money” in the pejorative sense. It is about recognizing that in a world where machines can produce almost everyone, our sense of human value needs to be separated from having a job. Direct cash is the fastest, clean, and fair way to ensure AI’s benefits reach everything, not just some people who own machines.
If we get it right – if we make an AI revolution for all of us – then maybe the prosperity Sam Altman will not just be a dream. It can be a natural next step.
