This is so interesting. Basic income would be incredible, but I can't see it happening. But I hadn't considered us in late-stage capitalism before. That makes so much sense. I wonder how long before the big predators start to fall.
There is so much evidence that UBI works, and we keep seeing small pilots concluding successfully, so I suspect it's only an issue of time before enough people are convinced that we'll see a move towards it.
As for the big predators, well, at some point they get too big for the ecosystem to support them. We're already seeing a contraction in spending from the streamers. But these huge companies can survive a long time before they keel over, so we'll have to wait a while.
This is so interesting. Basic income would be incredible, but I can't see it happening. But I hadn't considered us in late-stage capitalism before. That makes so much sense. I wonder how long before the big predators start to fall.
There is so much evidence that UBI works, and we keep seeing small pilots concluding successfully, so I suspect it's only an issue of time before enough people are convinced that we'll see a move towards it.
As for the big predators, well, at some point they get too big for the ecosystem to support them. We're already seeing a contraction in spending from the streamers. But these huge companies can survive a long time before they keel over, so we'll have to wait a while.
I really hope you’re right about UBI. Right now it doesn’t feel like governments will allow anything like that.
Once automation and AI start really destroying jobs, they won't have much choice. But we still need to advocate for it first!
Really good piece.
Thank you! And thank you for the inspiration!