Silicon Valley’s push for universal basic income is — surprise! — totally self-serving

From The Los Angeles Times:  http://www.latimes.com/opinion/op-ed/la-oe-rushkoff-universal-basic-income-silicon-valley-20170721-story.html

Douglas Rushkoff
July 21, 2017

Just a year ago, proposing a concept like universal basic income could practically get me laughed off the stage at a tech industry conference. The idea that everyone should be guaranteed a minimum subsidy from the government seemed to go against every fundamental tenet of creative destruction: Don’t reward the obsolete! Force people to evolve! If workers lose their jobs to automation, retrain them for new ones!

From the perspective of Silicon Valley’s executives, only a hippie or communist would suggest that people be given a livable wage simply for being alive. But to me, having just published a book about the lopsided returns of the digital economy, universal basic income seemed an obvious solution to a problem first posed in the 1950s by the inventor of cybernetics, Norbert Wiener: What would happen when robots could till the fields, rendering human labor obsolete? Would humans seize the opportunity to lie down in beach chairs and sip lemonade? Or would our economy be thrown into chaos, with humans perpetually competing for work against their tireless mechanical peers?

In a highly automated environment, a guaranteed minimum income for basics like food, housing and healthcare would provide for those incapable of finding jobs. What’s more, study after study has shown that a universal basic income doesn’t lead to laziness. Rather, the financial safety it affords leads people to take greater creative and entrepreneurial risks.

Where is UBI supposed to come from, after all, if not the profits that Silicon Valley companies have made by cutting out human labor in the first place?

So I should have been glad last spring when the developers at Uber began to ask me about universal basic income, or UBI. I had just delivered a talk in which I blamed the company for extracting all the value out of the taxicab market, and without any real intent of making it sustainable. In my view, they are using the cab market as a beachhead in a much larger bid to monopolize the transportation industry, just as Amazon used books as a foothold into retail with little regard to the effect on authors and publishers. To my surprise, these developers acknowledged the deleterious effects of their company — then raised UBI as a possible solution. “Wouldn’t that let us keep going?” one employee asked.

I’ve since learned from similar audiences at Facebook and Google that many of the workers and leaders at Silicon Valley’s biggest firms have jumped aboard the UBI bandwagon, and with equally self-serving ambitions. By which I mean, they understand the basic math undermining their long-term business plans: If they automate all the jobs, who will be left to buy their services? Even the data that companies such as Google mine from our otherwise free online activities would be worthless if we had no money to spend. The penniless have no consumer behavior to exploit.

While it’s gratifying to hear a multi-billionaire like Facebook founder Mark Zuckerberg echo the words in my books as he calls on Harvard’s graduating class to explore UBI strategies, in light of the rest of Facebook’s priorities and behavior, his request comes off as utterly clueless, and more than a little late. Much like his vow to donate 99% of his shares to charity, Zuckerberg’s interest in UBI seems less the result of a comprehensive economic vision than a guilt-inspired effort to compensate for the social impact of his business. (If you have to donate 99% of your winnings, perhaps you took too much to begin with?)

I’d have an easier time accepting Zuckerberg’s proposal at face value if his company weren’t trying so hard to avoid paying taxes on its massive profits. Where is UBI supposed to come from, after all, if not the profits that Silicon Valley companies have made by cutting out human labor in the first place?

Likewise, the Uber employees I recently spoke with sounded concerned about the many drivers they hoped to replace with robots. They were aware of the irony of Uber drivers being used to train the algorithms that would soon drive cars without human participation, at least, and hoped that UBI could somehow solve the joblessness problem they were creating.

Complete article at:  http://www.latimes.com/opinion/op-ed/la-oe-rushkoff-universal-basic-income-silicon-valley-20170721-story.html

 

Posted in Uncategorized. Comments Off on Silicon Valley’s push for universal basic income is — surprise! — totally self-serving
%d bloggers like this: