AI is going to put more and more people out of work, which will acerbate the homeless problem. I asked ChatGPT what kind of economic system will work best for a world with ubiquitous AI and this is what it gave me...
The question of what economic system is best suited for a world with ubiquitous AI is a complex one and subject to ongoing debate among economists, policymakers, and thinkers. While AI and automation will undoubtedly have a significant impact on the job market, it is important to recognize that they also have the potential to create new opportunities and spur economic growth.
One potential economic system that has been proposed to address the challenges of automation and AI is a universal basic income (UBI). Under a UBI system, every citizen would receive a regular, unconditional cash payment from the government, which would provide a basic level of income to cover their basic needs. This could help to offset the potential job losses caused by automation and AI and provide a safety net for those who may struggle to find work.
Another economic system that has been proposed is a job guarantee program, which would involve the government guaranteeing a job to every citizen who is willing and able to work. This could help to ensure that everyone has access to employment opportunities and could help to address issues of inequality and poverty.
Ultimately, the best economic system for a world with ubiquitous AI will depend on a variety of factors, including the degree of automation, the nature of work, and the political and social values of the society in question. It is likely that a combination of different approaches, such as a UBI and job guarantee program, will be necessary to address the challenges posed by automation and AI while ensuring that everyone has access to basic needs and opportunities.