Open Letter calling for pausing GPT-4 and government regulation of AI signed by Gary Marcus, Emad Mostaque, Yoshua Bengio, and many other major names in AI/machine learning

UBIs will not work in any situation. None of the economics makes any sense. All a UBI will do is create inflation to where the UBI is worthless, then you start a cycle of more inflation by increasing the UBI. In the AI operate world, there are other problems. When you start a business are you going to us AI?… Well hell if AI does all the work, why wouldn’t everyone open a business? The scenarios and what it means for a fiat economy just spiral out of control. Ultimately UBI only works if AI can do absolutely everything, then you might have a star trek like society, where resources are scarce and people just pursue what they want, but when it’s half and half well what incentive is there to do anything productive. Functional unemployment will skyrocket. None of it works. AI will only increase the wealth gap, and UBI can’t solve anything.

/r/singularity Thread Link - futureoflife.org