Why The Elites Want UBI?! Fourth Industrial Revolution Explained!
Published: 2024-09-01
Status:
Analyzed
Published: 2024-09-01
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
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The Fourth Industrial Revolution has the potential to completely remove humans from the labor equation.
"the fourth Industrial Revolution could cut humans completely out of the equation"
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The Fourth Industrial Revolution is inevitable and will manifest in some form.
"the fact of the matter is that it is coming in some capacity"
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The speaker predicts that the entity developing a profit-generating AI would likely retain the profits for themselves.
"whoever develops this AI would probably keep those profits for themselves"
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The implementation of UBI could potentially exacerbate current wealth disparities.
"Ubi could actually make the existing wealth Trends much worse"
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UBI might lead to wealth becoming even more concentrated among a smaller number of individuals.
"Ubi could result in an even greater concentration of wealth in even fewer hands"
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If UBI funds are primarily spent on consumer electronics and gadgets, it would further enrich big tech companies.
"if most of it is being spent on things like mobile phones and other gadgets then it would just make big Tech even bigger than it is now"
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A significant portion of UBI funds being used to pay down debt could paradoxically lead to deflation.
"if most of the Ubi money was used to pay down debts then it could paradoxically result in deflation"
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Deflation would increase the real cost of debt, potentially causing widespread defaults among those with significant liabilities.
"this deflation would make debts more expensive in turn this would cause all the powerful individuals and and institutions who took on trillions of dollars of debt to default"
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Funding UBI through money printing and subsequent spending on corporate goods and services would effectively transfer wealth from lower and middle classes to the rich.
"if Ubi is paid for by money printing instead and spent on products and services provided by Mega corporations well it becomes yet another method of funneling money from the poor and the middle class to the rich"
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UBI may have an impact on overall economic productivity.
"UBI could have on productivity"
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While beneficial for UBI recipients, the reduction in work hours could negatively impact overall economic productivity.
"this is good news for the recipients of Ubi but bad news for overall economic productivity"
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A decrease in economic productivity due to UBI could make it more challenging for governments to collect sufficient taxes to fund the program.
"if economic productivity declines due to people receiving Ubi then the government will have a harder time getting the taxes it needs to pay for Ubi from both employers and employees"
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The Fourth Industrial Revolution is expected to incorporate AI, robotics, and gene editing in ways that are not yet fully comprehended.
"the fourth Industrial Revolution will just add add AI Robotics and Gene editing to the mix in ways that we don't fully understand yet"
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A significant portion of the population may face joblessness in the future due to technological advancements.
"a large percentage of the population could still be left jobless"
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Individuals with IQs below 85 are predicted to struggle with supervisory roles involving advanced technology like androids.
"people with an IQ of lower than 85 will have a hard time supervising Androids"
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A declining population will result in reduced overall production and consumption.
"fewer people means less production and consumption"
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A shrinking population will lead to a decrease in the number of intelligent individuals, thus reducing the pool of workers capable of filling future complex jobs.
"fewer people also means fewer smart people overall this means fewer people who can work the next generation of jobs"
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The Fourth Industrial Revolution could lead to a scenario where millions lose their jobs, while simultaneously, millions of positions remain unfilled due to a lack of qualified individuals.
"the fourth Industrial Revolution May simultaneously result in millions of people losing their jobs and there being millions of open positions that few people have the cognitive capacity to fill"
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Progress in gene editing technology may offer the potential to enhance human intelligence.
"advancements in gene editing could make it possible to increase intelligence"
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The advancement of gene editing for intelligence enhancement would also open the complex and potentially problematic field of genetic engineering.
"this would simultaneously open the Pandora's box of genetic engineering"
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There is a possibility that the driving force behind the Fourth Industrial Revolution could be genetics rather than AI and robotics.
"the fourth Industrial Revolution ended up being driven by genetics instead of AI and robots"
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Genetically modifying humans is predicted to be significantly more cost-effective and simpler than developing an army of advanced AI robots from the ground up.
"it would probably be exponentially cheaper and easier to genetically modify current and future humans then create an army of advanced AI robots from scratch"
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If genetic modification enhances everyone's capabilities, UBI may become unnecessary as all individuals would be capable of performing any job.
"there would also be no need for Ubi because everyone would be able to work any job"
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There is a concern that genetic engineering could be exploited by elites to establish complete genetic control over the population.
"it could be used by the elites to ensure total control of the population at the genetic level"
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A significant portion of the population is likely to readily adopt gene splicing technology once it becomes accessible.
"many of us would rush to get our genes spliced the moment the technology became available"
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Individuals who decline genetic modification may experience economic and social disadvantages compared to those who embrace it.
"those of us who refus could find ourselves falling further behind economically and socially"
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The reluctance of societal elites to share the benefits of advancements might prevent the realization of a dystopian Fourth Industrial Revolution.
"this unwillingness could ensure the dystopian fourth Industrial Revolution they dream of never occurs"
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