This episode delves into the implications of Universal Basic Income (UBI) and AI automation on society and the economy. It discusses how $2,000 per month UBI might seem like a relief but is actually a form of containment, keeping people compliant while tech industries quietly replace human jobs. Silicon Valley's advances in automation, from robotic kitchens to AI customer service, are side-lining human participation. The episode warns that UBI could inflate the housing market and create a 'useless class' of people the economy no longer needs. As prices adjust to absorb UBI, only those who control assets will thrive. The discussion draws from examples like the Stockton, California UBI pilot, suggesting that UBI could raise living costs without improving quality of life, pushing people to seek financial independence outside conventional systems.
BUT BEFORE THAT, hear the shocking truth behind the dollars big drop, and how tariffs made America richer this year!
Useful links:
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<a href="https://epicearnwhileyoulearn.com/yfd?video=0KDH7rzZZWk">https://epicearnwhileyoulearn.com/yfd?video=0KDH7rzZZWk</a>
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