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‘Dr. Doom’ Nouriel Roubini says we’re headed for universal basic income or ‘some form of socialism’ as AI revolutionizes work—He calls that optimistic (finance.yahoo.com)

submitted 3 months ago by Delta_V@lemmy.world to c/politics@lemmy.world

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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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[-] hoppeduponcoffee@lemmy.zip 2 points 3 months ago* (last edited 3 months ago)

There is no class in this system. There’s only workers and those who work for the government only get the same share as those who do other jobs. That’s why you need a system of strong laws and regulations, created by workers, to keep things in check. Those who are corrupt or abuse their power are immediately removed from power.

this post was submitted on 19 Jul 2026

106 points (93.4% liked)

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