This article is about Artificial Intelligence (AI) and how it may lead to UBI(Universal Basic Income).
Some of the most popular sci-fi movies—2001: A Space Odyssey, The Terminator, The Matrix, Ex Machina, and many others—have been based on the notion that artificial intelligence will evolve to a point at which humanity will not be able to control its own creations, leading to the demise of our entire civilization.
THERE’S BEEN A lot of fear about the future of artificial intelligence.
AI will it end the world?
Stephen Hawking and Elon Musk worry that AI-powered computers might one day become uncontrollable super-intelligent demons. So does Bill Gates.Stephen Hawking and Elon Musk worry that AI-powered computers might one day become uncontrollable super-intelligent demons. So does Bill Gates.
But Baidu chief scientist Andrew Ng—one of the world’s best-known AI researchers and a guy who’s building out what is likely one of the world’s largest applied AI projects—says we really ought to worry more about robot truck drivers than the Terminator.
Expanding The Scope Of Human Work
Some experts suggest that artificial intelligence’s (AI’s) ability to automate complex knowledge work could threaten the jobs of lawyers, librarians, professors, policy analysts, journalists and even ENGINEER’S (like us). However, in many cases, we’re seeing AI introduced to expand the scope of these professionals’ work rather than replace it.
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Still a Threat?
Speaking at the MIT Aeronautics and Astronautics department’s Centennial Symposium in October, Tesla boss Elon Musk referred to artificial intelligence as “summoning the demon.”
“Once you start to make machines that are rivaling and surpassing humans with intelligence, it’s going to be very difficult for us to survive,” he told the BBC. “It’s just an inevitability.”
Well if you have No jobs how will You Buy Stuff
Such a Situation may lead to a Universal Basic Income (UBI)
A basic income is a form of social security in which all citizens or residents of a country regularly receive an unconditional sum of money, either from a government or some other public institution. –Wikipedia
Basically, UBI is money you get for doing ‘nothing’ until you find an actual job.
This leads to Big? Where will the government get so much money from, if no one works and no one pays taxes?
Well Mr.Gates has the answer
The Robot That Takes Your Job Should Pay Taxes –Bill Gates
Also, the Tesla, Space X founder reaffirmed prediction of UBI and made this a headlines for most tech blogs some days ago.
Elon Musk reaffirms prediction at World Government Summit
AI (Artificial Intelligence) is the Next big thing. currently in development stages but soon to be on the top out in the wild it might not end the world but take your jobs creating some other jobs maybe. Robots will end paying taxes, later to be received by you as UBI.
So, AI will it end the world?
No, AI Won’t End the World, But It Might Take Your Job