I give Jaron a lot of credit for going out in front of THIS crowd. Holy crap. If I ever had people this rude in my audience, I would stop the show and go home. Jaron - LET's JAM DUDE!!! 🐰❤️🎸🎶🤝
A Universal Basic Income is primarily about eliminating crushing poverty. Note the word “Basic”. The overwhelming majority of people would never be content to scrape by on a UBI and would most likely hold down a full time job.
Just discovered this bright, joyful soul last year, and ever since I've been watching all of his interviews, discussions, and lectures. I just bought his book, Dawn of The New Everything. I can't get enough of him.
First off, Mr. Lanier is clearly a visionary. I am going to explore this idea of MIDS because it sounds like a possible solution to many of our digital dilemmas. I can't help but think though that the value from this collective would be scraped by the people who design and run them ... like in recent years with crypto exchanges or most of the financial services sector really. The algorithms designed to run them are almost, by their very nature, black boxes. In other words, what kind of design would keep them honest brokers? I'm not against this idea but would like to improve upon it through attack. And why the heck aren't more people part of this very important conversation? 30k views from 4 years ago? Uh oh, the algorithms are making me grouchy. Gotta check myself before I wreck myself.
This guy is all I want to aspire to be. I know this is outrageous to say but he is like a God to me when it comes to information on computer science. The way he explains his stuff even an uneducated fellow will get him right away.
After listening to Jaron speak, I feel this amazing swell of gratitude every time I learn something on chatGPT for the millions of people who's data made that possible.
"I'm not gonna pretend I'm one of you" Excellent subtle way to tell them shmucks... Jaron talks are about getting you out of your comfort zone... and people are just there because they have food on the table...
Yes, and I think they might agree that a form of UBI can co-exist with Data Dignity. The reason for UBI is that not everyone goes online and the reasons for Data Dignity are many, as Jaron cites, including the anchoring of income to the market, creativity, value, professional reputation, pride in one's work, etc.
The discoveries and inventions that made VHS possible are not exclusive to VHS technology, they were building blocks to progress to the next technology. The idea for CDs didn't appear out of nowhere. The methods for recording analog data using magnetic fields way predated VHS, and discoveries made to introduce VHS are still applied and useful today. For example, telegrams are obsolete, but their invention was integral to the communication devices of today. So long story long, your contributions would still be valuable. Metaphorically, as a brick in this tower of knowledge that we're building. Your pension would be certain.
Andrew Yang's Freedom Dividend doesn't provide a Universal Income, but a baseline from which individuals can then build a financial foundation to use as a floor for capitalism. He want's to take back the funds from Data companies, and give it back to us as a dividend, (Money owed to us by the use of our data). A Value Added Tax, imposed on companies and paid not to the government but to the people. #Yang2020 I love his perspective and he could work with someone like Jaron, to make a plan that works.
Around 52:00 Jaron talks about a royalty based system instead of Universal Basic Income - I'm afraid I don't completely understand what he's talking about there. Anyone care to explain?
It's the idea that the government provides each citizen with enough money to cover their human societal needs, Housing, healthcare, transport etc giving them the breathing space to create businesses, or create monetizeable art.
He's talking about a royalty-based system that relies on valuing data that people provide. He references the translators who are currently not valued because their work is effectively stolen for an AI that needs a constant feed of new translations while we pretend that the AI can do all the work. In the new system, through regulated intermediaries he refers to as MIDs, each person would collect a portfolio of data that they provide - some specialized like translations, some not as specialized - and would receive royalties based on the generalized value of that type of data.
Dinner service while he talks what the heck. What an awful intro for Jaron to live up to. Who are these uninterested people looking at laptops and wine glasses? I hope this man finds somewhere he's better appreciated and understood.
@59:40 Is the person asking this question an economist, or think economics is a true science? I believe it was Milton Friedman who once said, "Fundamentally, people have a great misconception. Physical capital is not really very important. What's really important is human capital." Meaning, us and our data... unless I've miscalculated something.
What concerns me about the mid economy is it will be very unbeneficial to people who are in the lower part of the Bell curve when it comes to intelligence. Somehow it seems we will always need to grant a large part of the population some sort of basic income without expecting any return. I don't hear Jaron discuss any solutions to this.
Someone else who doesn't understand what either socialism or capitalism are. He's also totally wrong about needing monetary reward to drive creativity, and given that he works in tech, I find it completely weird that he can still misunderstand this. His take on UBI - that it is essentially bread and circuses is a fair point, but what we have now is circuses and no bread. We already live under unaccountable tyrannies. "Employers", in the old sense of the word, but the tyranny of the stacks is leaking out into other areas as well. Try being a seller on Amazon sometime. Capitalism in essence is a hierarchy of power-asymmetries. There can be no freedom in a system where some people hold the power of life and death over others. He's been saying interesting things based on massively flawed assumptions for a long time. I'd like to be able to agree with him, but really can't.
@@mescellaneous a) no it doesn't b) all your comment says is that you do. "Believe" I mean... because capitalism is a matter of faith for you right? - fair enough in some ways, because at this point, there's fuck-all else holding it up.
@@nicktaylor5264 pure capitalism doesn't work. pure socialism doesn't work. when you say "He's also totally wrong about needing monetary reward to drive creativity", that literally means you don't believe capitalism, of any strictness, works. capitalism trickles into creativity by letting you know your artwork is "bad". you will get less work. socialism will mean people just ignore you or forced to pay attention anyway, if it's "bad". capitalism sucks, but it also works.
@@mescellaneous Presumably if something is "pure", it can be defined. Define (pure) A) Capitalism B) Socialism. (and then) C) Experience pangs of doubt that you're getting into an argument that you're not going to win.
Can you elaborate on the monetary incentive drives creativity part? I feel you’re trying to imply something, but you don’t go into any detail. Why is he wrong about it?
The audience sounds disrespectful with all the eating. Seriously, could they have just used plastic ware. Sounds narcissistic and yuck. Made me irritable while I watch this video and I am going to go join a cult now.
