X @Raoul Pal

Forget UBI. The answer is Universal Basic Equity… and it’s humanity’s pension plan for the post-AGI world...The Economic Singularity is coming faster than people think and the default question is how humans make money in a world that doesn’t really need them anymore.The default answer is UBI, which is transfer payments from a state, funded by taxing an AI economy that nation states can neither see nor keep up with.It’s a 20th century answer to a 21st century problem and it’s broken before it even starts.Age ...