Universal basic turbulence
Universal basic income is a basic phrase. It’s only one of several approaches to reattribute wealth after our social contract nullifies.
One alternate idea is universal basic compute (UBC), which is about giving everyone free access to the most powerful AI models. Sam Altman recently said that UBI might not work, and we should try UBC instead. This is even more unlikely to work. Giving someone Claude Mythos, the killer model, doesn’t mean they can turn prompts into dinner. Access doesn’t guarantee results. It faces similar odds as entrepeneurship. But maybe it has enough agency so all you have to do is write “make me $10,000 this week”—in that case, everyone will run it, and then it’ something like a lottery, where some machines happen to beat other machines.
The more likely route is universal basic services (UBS), where a government or company provides you, for free, all the things you used to need money for: healthcare, education, housing, transportation, food. The engineering elite will harness their superintelligence to achieve such radical efficiencies that the cost of everything will crater. Maybe it's cheap enough to become a trivial expense. This is a nice idea, one where I can imagine myself focused completely on my art, with no need to slave away for a wage anymore. It’s also science fiction. I don’t doubt that this can happen in 20 or 30 years, but labor shock is coming a lot faster (in less than 5), meaning there will be a transition generation of turbulence.
Then there’s universal basic dividends (UBD) and universal basic equity (UBE), in which citizens get shares of collectively-owned assets, like shares in a frontier AI lab or robotics company. OpenAI was originally set up for something like this, until it weaseled out of it’s non-profit entity.
All of these have the same critical flaw, the U. Whether it’s a government or company, you can’t meaningfully redistribute to 7 billion people without destroying the parent entity. Instead, we may be looking down the barrel of a new definition of labor, less focused on productive output, and unfortunately, more so on data and attention, what a citizen truly has to offer in the eyes of a state. We'll find something to exchange for the money and services to flow down, but it won’t be unconditional. I suppose a contract, by definition, is never unconditional, and so neither should a social contract.