I've been skeptical about universal basic income, and I'm still not convinced that it is a good idea. But this book opened my eyes to the thoughts behind the idea.
The idea comes from a deep trust in humanity, that humans will do something good out of the freedom that comes with getting money "for free."
I don't buy the reason that many put forward that this must be done "because the machines are taking all our jobs." Since the Industrial Revolution, that has been the case, and we invent more new, better paying, qualified jobs.
If it should be done - and I still want to see a decent proposal on how - it shouldn't be out of fear for machines, but out of trust in us humans.
For as long as most people can remember, the tech industry has had a new centre roughly every fifteen years. ...
Today, multitouch smartphones are getting on for 15 years old, and the S curve is flattening out. All the obvious stuff has been built, Apple and Google won, and the new iPhone isn’t very exciting, because it can’t be. So, we ask “what’s the next generation?” ...
We’ve spent the last few decades getting to the point that we can now give everyone on earth a cheap, reliable, easy-to-use pocket computer with access to a global information network. But so far, though over 4bn people have one of these things, we’ve only just scratched the surface of what we can do with them.
There’s an old saying that the first fifty years of the car industry were about creating car companies and working out what cars should look like, and the second fifty years were about what happened once everyone had a car - they were about McDonalds and Walmart, suburbs and the remaking of the world around the car, for good and of course bad.
The innovation in cars became everything around the car. One could suggest the same today about smartphones - now the innovation comes from everything else that happens around them.
🗄️ From the archive
From February, but probably more relavant now.
Has the stock market gone crazy or is there substance behind the hype?
To value Tesla, one must understand the dramatic change the automotive industry is going through and how Tesla is leading that change.