Why ‘Universal Basic Compute’ Is a Solution to Economic Inequality

The idea is straightforward – in a post-Artificial General Intelligence (AGI) world, many traditional forms of labor may become obsolete. Rather than distributing money, UBC would provide every individual with a share of the advanced computational power that fuels emerging technologies like AI. As Altman explained in a recent interview, owners of compute could use it, resell it, or even donate it. Proponents argue that while UBI addresses some issues, it falls short in an AI-driven future. UBC, on the other hand, could empower people with wealth-building tools that enhance productivity and creativity, offering a more forward-thinking solution.

Source: https://www.coindesk.com/opinion/2024/09/03/why-universal-basic-compute-is-a-solution-to-economic-inequality/?utm_medium=referral&utm_source=rss&utm_campaign=headlines