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Pay your taxes, parasite
You can hire metric tons of human engineers for that.
There are so many more worthwhile startup projects you can pour $12B into.
Wages for workers are the biggest line item for most companies. Owners hates it because that money is theirs, by golly. The concept of being part of an economy never enters their stream of consciousness, only the desire to optimize sucking money out of it.
That 12 billion could have gone to health care, helping the homeless, improving schools, for research into diseases, into renewable energy sources or into making affordable houses.
But this is what we get.
Sure but how does that help the business world? Having happier healthier people that stay working age longer so they can take more wages? No! No wage! O ly work!
“Significant productivity in the economy is going to raise the standard of living,” he said. “People who today have two-earner households, they’ll become one-earner households. Maybe some people who are working overtime will stop working overtime.”
I fucking love it when the exact people who make it their life's mission not to pay their employees living wages so that they can hoard wealth like an evil dragon come out and tell us that the new tech they are using to replace us will make us rich. Really fucking Jeff? How about we eat you and take it? That's the only way I see it happening.
actually i disagree with this. money flow should look something like this:
the community (town, city) donates money to the people (UBI), they spend it to buy goods and services from companies (which make a profit that way), which then have to pay taxes to the community.
it's not companies' job to provide for people. that's politics' job.
Sure, that's how it should work. But how it actually works is that Amazon pays an effective tax rate of 1.4%. Tesla pays an effective tax rate of 0%. Yes they pay no tax. Meta pays 3.6%.
The billionaires themselves pay lower tax rates than their secretaries and janitors. Both Elon Musk and Jeff Bezos have had years where they paid no tax. Larry Page and Mark Zuckerberg are paying effective tax rates around 13%.
So, yes I'd like to live in this fantasy world too. But the government can't raise enough taxes for a UBI by taking in only a fraction of the money that they themselves give out.
No, he said two-earner households, will become one-earner households, he didn't mention* anyone will become rich**, just that one person from the household will become unemployed.
(* at least he didn't mention it in the cited fragment. I didn't read the entire thing, my time is too precious, I must waste it on writing comments instead of reading sources.) (** Of course he will become richer, but that's the obvious part of the idea and doesn't need to be mentioned)
I didn’t read the entire thing, my time is too precious, I must waste it on writing comments instead of reading sources.
upvote for honesty :)
How exactly will two earner households become one earner households without one of the earners making double the money?
The theory here is that if everyone is twice as productive, everything costs half as much in relation to what people earn.
Of course that doesn't work unless there's heavy competition in the market for everything.
Yes that doesn't happen when monopolies dominate the economy as they do in the USA. Then the monopolies just take higher margins.
Lol... By the magic of being poor
By becoming even poorer.
I've heard many a time from many a booster that AI will lead to UBI. This reminds me of that. CEOs selling delusion in a desperate attempt to distract from the reality, always claiming better lives are just around the next corner.
Yeah we will get a UBI but they won't pay taxes to fund it and will take jobs from the taxpayers who do pay. Same story as trickle down economics and we all know how that ended.
The argument is always that “they’ll have to”. And really, it’s like “Bitch, they don’t care if you live or die. “
I just need a few more ~~billion~~ trillion dollars, bro, I swear. Trickle down economics work, just a few more trillions. I swear, bro, AI will bring UBI, just several more trillion dollars, bro. I swear, bro.
They better start putting fucking labels on AI engineered buildings and bridges because I sure as fuck am not getting inside or on one.
You can buy a subscription to an ai designed database. We will always keep our paying customers safe and happy.
if your poor, try not being poor. Good luck.
$12 billion would pay for a lot of engineers...
Oh man, I misread that as $128!
That's less than a stick of ram...how did that make sense to you?
(pssst, its called a joke)
How is I read this wrong a joke? It's almost inevitable that someone in any comment section feels the need to put their dyslexia on display for some odd reason. What makes this one humorous?
Couple different layers of joke, actually.
The first is that they didn't actually misread $12B as $128, but saying so is a cheeky reference to how B and 8 look similar.
The second is sort of an attempt at absurdist humor. Obviously $128 is not going to get you very far towards building a physical AI engineer, and that question violates our rational expectations in a way that some find humorous.
Pick a fight somewhere else please. Have a good Friday!
We're all hoping for their failure.
"You're absolutely right, I should not have built that bridge that way"
They could just make an artificial general CEO and get rid of his payments altogether, stock holders would get a huge rise
One of the most evil people in the whole world.
They are so shocked that no one likes their fucking AI or their data centers. Yet the same people go around selling every investor on AI replacing workers. The same people go out of their way to cut every social safety net so they can get tax breaks to make themselves more obscenely rich. The same people raise prices, drive down wages, cut benefits, lay off people, and bust unions every chance they get to juice stock prices.
Gee golly, why don’t people trust us that we are making a better world? 🤦♂️
All that money, and he does nothing of value for society. At least the OG evil rich guys of the 1900s did charitable things sometimes.
Lol, did they tho?
Yeah they donated to schools the history books that they had published saying that they did charitable things sometimes.
Ah, but can it blow up like a mushroom cloud?
But i like my job
Chop chop
0.7% of a spacex?
this post was submitted on 12 Jun 2026
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