I honestly don’t know if I understand what Eliezer is getting at so might be far off. If the premise is that increased real income (that 100-fold increase) has not really decreased what is undertood as poverty in human existance then income related factors (a UBI) seem definitionally ineffective as well.
But I’m not sure that he is subtly trying to say the whole UBI effort is essentially a fool’s errand.
But I’m far from sure that his suggestion is that a UBI, at some level of abundance, can eliminate poverty because all the basic necessities (not sure how one defines that in a world where people do seem to care about relative outcomes over absolute outcomes) are guaranteed.
I honestly don’t know if I understand what Eliezer is getting at so might be far off. If the premise is that increased real income (that 100-fold increase) has not really decreased what is undertood as poverty in human existance then income related factors (a UBI) seem definitionally ineffective as well.
But I’m not sure that he is subtly trying to say the whole UBI effort is essentially a fool’s errand.
But I’m far from sure that his suggestion is that a UBI, at some level of abundance, can eliminate poverty because all the basic necessities (not sure how one defines that in a world where people do seem to care about relative outcomes over absolute outcomes) are guaranteed.