I’m sorry, but “getting free money makes people happy” isn’t exactly a shocking result is it? The result that the employment level was consistent is mildly interesting, though I’d expect the numbers could be different with a longer or larger test. But the real question imo is “does this scale without destroying the country’s finances?”
Well, this test is invalid for one more reason - recipients knew that the experiment has "end date." This means that the employment rates would not be affected since people could not treat the benefits as a permanent thing and plan accordingly. If you would take 1,000 people and give the lifetime benefits, I would assume this would change things a bit.
Finland’s Basic Income Experiment Shows Recipients Are Happier and More Secure
101–110 of 205 posts
Re: Finland’s Basic Income Experiment Shows Recipients Are Happier and More Secure
#102Is it a legitimate argument that smart hardworking people who are considered economically valuable will be swayed to non-economically valuable interests within this system? As a former fine arts student that became a UI developer mostly for the monetary stability, I do feel like if I had the ability to fully invest myself creating art without constantly struggling with relevancy and rent, I would have been far more q…
As an employed person making 100k, if given UBI I would quit and not do anything productive-to-society for most of the rest of my life. So yes, that is a legitimate argument. The counter-argument is that the benefit coming from more people pursuing entrepreneurial/risk-taking/passion-driven endeavors will OUTWEIGH the lazy fucks like me.
Given that he is strictly providing a personal anecdote on what he would do with the money and extra time, the responses suggest that some people are quite judgemental about how other people spend their own money.
Re: Finland’s Basic Income Experiment Shows Recipients Are Happier and More Secure
#103Earlier quoted context omitted.
As an employed person making 100k, if given UBI I would quit and not do anything productive-to-society for most of the rest of my life. So yes, that is a legitimate argument. The counter-argument is that the benefit coming from more people pursuing entrepreneurial/risk-taking/passion-driven endeavors will OUTWEIGH the lazy fucks like me.
You can't have a UBI without massive taxation. Massive taxation increases the risk of doing business. The higher the risks, the less entrepreneurship a country will see.
I encourage you to make a list of countries ordered by taxation level, and another one ordered by the risk of doing business. And then compare the two.
Re: Finland’s Basic Income Experiment Shows Recipients Are Happier and More Secure
#104Is it a legitimate argument that smart hardworking people who are considered economically valuable will be swayed to non-economically valuable interests within this system? As a former fine arts student that became a UI developer mostly for the monetary stability, I do feel like if I had the ability to fully invest myself creating art without constantly struggling with relevancy and rent, I would have been far more q…
As an employed person making 100k, if given UBI I would quit and not do anything productive-to-society for most of the rest of my life. So yes, that is a legitimate argument. The counter-argument is that the benefit coming from more people pursuing entrepreneurial/risk-taking/passion-driven endeavors will OUTWEIGH the lazy fucks like me.
Re: Finland’s Basic Income Experiment Shows Recipients Are Happier and More Secure
#105Earlier quoted context omitted.
Everyone has thought that automation would eliminate the jobs for a hundred years. In a way it has come true as some jobs that existed before no longer exist, but so far other jobs have been created to take their place. Nobody really knows when or if that will stop.
Humans have always had a cognitive advantage over machines in the past. This will not necessarily be true in the future. What advantage do we will then have? The only possible advantage I can see is that raising a human for 20 years + housing + food + other expenses and then employing him would be cheaper than replicating another AGI, but I cannot imagine this to be true.
I'd expect supercapable AGI to command higher wages than less-capable humans, so they wouldn't be pushing out service jobs.
Re: Finland’s Basic Income Experiment Shows Recipients Are Happier and More Secure
#106I’m sorry, but “getting free money makes people happy” isn’t exactly a shocking result is it? The result that the employment level was consistent is mildly interesting, though I’d expect the numbers could be different with a longer or larger test. But the real question imo is “does this scale without destroying the country’s finances?”
Re: Finland’s Basic Income Experiment Shows Recipients Are Happier and More Secure
#107If you give people everything, they just won't work as hard. At least, I don't think they will over the long term. It's like retirement: some may learn a skill, volunteer, etc., but most just watch TV and wait to die. This is hard for many of us to realize, because we spend much of our free time tinkering with and leaning technologies. I hear a lot of people saying that society is bound to provide all the needs of a…
Re: Finland’s Basic Income Experiment Shows Recipients Are Happier and More Secure
#108What person wouldn't be happier and more secure with more money?
the argument goes that if people get free money they lose motivation to work and spend all their time on a sofa killing time, which isn't healthy physiologically and mentally. it's quite idiotic argument, but i've personally met people who discard the whole idea of UBI based on it alone.
Re: Finland’s Basic Income Experiment Shows Recipients Are Happier and More Secure
#109Earlier quoted context omitted.
Everyone has thought that automation would eliminate the jobs for a hundred years. In a way it has come true as some jobs that existed before no longer exist, but so far other jobs have been created to take their place. Nobody really knows when or if that will stop.
Humans have always had a cognitive advantage over machines in the past. This will not necessarily be true in the future. What advantage do we will then have? The only possible advantage I can see is that raising a human for 20 years + housing + food + other expenses and then employing him would be cheaper than replicating another AGI, but I cannot imagine this to be true.
Re: Finland’s Basic Income Experiment Shows Recipients Are Happier and More Secure
#110A big problem about the basic income is that it is perceived as money that you get for nothing and so people don't have to work and therefore they are lazy. Let me give you an analogy: Imagine that breathing air would cost money and you would have to work in order to breathe. Unless you don't work you would die. Would then a basic income be something that makes you lazy or would it be something that gives you confide…
Of course if there is MAGICALLY enough 'resources' all citizens could enjoy basic income.