Democratic presidential candidate Andrew Yang made universal basic income a respectable topic for debate. I think this is a good thing because I’m a major proponent of UBI but my reasons are different. Yang is a technology dystopian who sees a future where robots take all of our jobs and the UBI as a way to alleviate the resulting pain and suffering. I think a UBI (and universal health care) would lead to less resentment of the welfare system and let people take more entrepreneurial risks. I believe human level AI is possible but I do not accept that this necessarily implies an economic apocalypse. To believe such a thing is to believe that the only way society can be structured is that a small number of tech companies owns all the robots and everyone else is at their mercy. That to me is a depressing lack of imagination. The society we live in is a human construct. There is no law of nature that says we must live by any specific set of rules or economic system. There is no law that says tech companies must have monopolies. There is no reason we could not live in a society where each person has her own robot who works for her. There is no law that says we could not live in a society where robots do all the mundane work while we garden and bake bread.
I think we lack imagination in every sector of our life. We do not need to settle for the narrow set of choices we are presented. I for one do not accept that elite colleges must wield so much influence in determining the path of one’s life. There is no reason that the US meritocracy needs to be a zero sum game, where one student being accepted to Harvard means another is not or that going to Harvard should even make so much difference in one’s life. There is no reason that higher education needs to cost so much. There is no reason students need to take loans out to pay exorbitant tuition. That fact that this occurs is because we as a society have chosen such.
I do not accept that irresponsible banks and financial institutions need to be bailed out whenever they fail, which seems to be quite often. We could just let them fail and restart. There is no reason that the access to capital needs to be controlled by a small number of financial firms. It used to be that banks would take in deposits and lend out to homeowners and businesses directly. They would evaluate the risk of each loan. Now they purchase complex financial products that evaluate the risk according to some mathematical model. There is no reason we need to subsidize such activity.
I do not accept that professional sports teams cannot be community owned. There is no law that says sports leagues need to be organized as monopolies with majority owners. There is no reason that communities cannot simply start their own teams and play each other. There is no law that says we need to build stadiums for privately owned teams. We only choose to do so.
The society we live in is the way it is because we have chosen to live this way. Even an autocrat needs a large fraction of the population to enforce his rule. The number of different ways we could organize (or not organize) is infinite. We do not have to be limited to the narrow set of choices we are presented. What we need is more imagination.