Why Elon Musk Thinks Universal Basic Income Is Inevitable
Elon Musk shared his thoughts on the future of jobs and the government's role in a rapidly changing society.
Jobs were a big topic in the 2016 Presidential election in the United States and continues to be a hot-button issue. The loss of manufacturing jobs in the Rust Belt states was largely responsible for propelling Donald Trump to a surprise win. As President-elect, Trump has continued to push the jobs message, making deals like his recent involvement in the fate of Indiana’s Carrier plant to show that he will bring jobs back to regions with great job loss. Yet, regardless of such efforts, many futurists are predicting that a large amount of our jobs will be replaced by automation and robots within a very foreseeable future. Professor Moshe Vardi projected recently that more than half of the workers in the world will be replaced by robots in just 30 years from now. This is in line with a 2013 Oxford University study that put the future number of robot-replaced jobs in America at 47%.
What to do about this looming threat? One obvious solution would be re-educating the labor force, finding a way for it to work with the automation and artificial intelligence that will become ubiquitous. Still there is a strong likelihood that the inequality of wealth distribution will continue to grow around the world, and large parts of the labor force will be simply unable to find meaningful employment.
Elon Musk waded into this discussion recently by suggesting that a different economic system would have to be in place.
"There is a pretty good chance we end up with a universal basic income, or something like that, due to automation," Musk told CNBC in an interview. "Yeah, I am not sure what else one would do. I think that is what would happen."
The idea of universal basic income (UBI) is that the government would provide citizens with a minimum amount of money to live on. Proposals for UBI are being considered in Switzerland, Finland and the Netherlands, while Canada is instituting a pilot program in 2017 to provide supplemental income to keep people above poverty level in the province of Ontario.
While it will dramatically change our lives, Musk doesn’t see automation as an inherent evil, however. It’s just an inevitable transformation in society.
"People will have time to do other things, more complex things, more interesting things," said Musk. "Certainly more leisure time. And then we gotta figure how we integrate with a world and future with a vast AI."
Will Universal Basic Income come to the United States? It’s hard to believe that now when even discussions around increasing minimum wage, which has not kept up with inflation, get bogged down in inaction due to partisan bickering in Congress. But the reality of more than half the population having no work will likely prompt many changes we cannot yet anticipate or feel comfortable with. It’s important to start the discussion now, before being confronted with more and more people who are out of the labor force because there are simply not enough jobs they can perform.
Cover photo: CEO and chief designer of SpaceX Elon Musk speaks at the 2014 annual conference of the Export-Import Bank (EXIM) April 25, 2014 in Washington, DC. (Photo by Alex Wong/Getty Images)
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It's one of the most consistent patterns in the unviverse. What causes it?
- Spinning discs are everywhere – just look at our solar system, the rings of Saturn, and all the spiral galaxies in the universe.
- Spinning discs are the result of two things: The force of gravity and a phenomenon in physics called the conservation of angular momentum.
- Gravity brings matter together; the closer the matter gets, the more it accelerates – much like an ice skater who spins faster and faster the closer their arms get to their body. Then, this spinning cloud collapses due to up and down and diagonal collisions that cancel each other out until the only motion they have in common is the spin – and voila: A flat disc.
It turns out, that tattoo ink can travel throughout your body and settle in lymph nodes.
In the slightly macabre experiment to find out where tattoo ink travels to in the body, French and German researchers recently used synchrotron X-ray fluorescence in four "inked" human cadavers — as well as one without. The results of their 2017 study? Some of the tattoo ink apparently settled in lymph nodes.
Image from the study.
As the authors explain in the study — they hail from Ludwig Maximilian University of Munich, the European Synchrotron Radiation Facility, and the German Federal Institute for Risk Assessment — it would have been unethical to test this on live animals since those creatures would not be able to give permission to be tattooed.
Because of the prevalence of tattoos these days, the researchers wanted to find out if the ink could be harmful in some way.
"The increasing prevalence of tattoos provoked safety concerns with respect to particle distribution and effects inside the human body," they write.
It works like this: Since lymph nodes filter lymph, which is the fluid that carries white blood cells throughout the body in an effort to fight infections that are encountered, that is where some of the ink particles collect.
Image by authors of the study.
Titanium dioxide appears to be the thing that travels. It's a white tattoo ink pigment that's mixed with other colors all the time to control shades.
The study's authors will keep working on this in the meantime.
“In future experiments we will also look into the pigment and heavy metal burden of other, more distant internal organs and tissues in order to track any possible bio-distribution of tattoo ink ingredients throughout the body. The outcome of these investigations not only will be helpful in the assessment of the health risks associated with tattooing but also in the judgment of other exposures such as, e.g., the entrance of TiO2 nanoparticles present in cosmetics at the site of damaged skin."
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