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It’s also worth remembering that many Americans love their jobs for reasons beyond the financial ones. A good job gives you an identity, status, community, and a reason to leave the house. In other words, it gives you dignity, and that’s not something that a public wealth fund can substitute for. UBI may still be worth doing; should vast numbers of Americans become unemployed due to AI, some form of it may well be necessary. In the meantime, though, I suspect AI companies will find that gauzy promises of future welfare payments will help them about as much as their gauzy promises of future cancer cures — which is to say, not much. What Americans actually want, it’s not clear that AI can give them. And the sooner that AI executives understand that, the better off we’ll all be.

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    Casey Newton (caseynewton@mastodon.social)'s status on Tuesday, 21-Apr-2026 10:47:52 JST Casey Newton Casey Newton

    I wrote about tech companies' move to promote universal basic income to calm the AI backlash and why it's probably not going to work https://www.platformer.news/ubi-ai-public-wealth-fund-musk-openai-bores/

    In conversation about 3 months ago from mastodon.social permalink
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