Businesses are slowly ordering their staff back into the Office five days a week as the Working From Home era seems to be fizzling out but what could be replacing it is a four day week and the specter of the universal basic income (UBI) once again rears its strange head and trials have begun in some places in London with people receiving £1600 a month for doing nothing with their health and well-being monitored.
The Idea of UBI and a shortened work week gets taken down and given a dusting every now and then and even more now with Ai able to do many of the jobs previously done by humans.
I have never been able to square the circle of how UBI would work because who would pay for it it nobody was working or paying tax but i can certainly see benefits from a four day working week but the devil would be in the details of if you would lose a day's pay or would you be expected to cram a five day week into four days which would make the whole episode pretty pointless if the idea is to relax workers.
The problem for Governments is that Ai is coming and so are the army of AI replaced unemployed workers so something is going to have to give, i'm just not sure what yet.
Wednesday, 26 February 2025
Woo Hoo, 3 Day Weekends
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"the second machine age", authored by 2 MIT AI professors, gets into UBI and why it might be needed between 2035 and 2045.
since circa 2015, other MIT futurists have been taking the position that UBI will be needed.
they think there will be 2 or 3 mega businesses in each professional industry (AI) and in manufacturing (robotics) employing 99% of their respective industry. the only remaining work will be local physical work like plumbers, electricians, auto mechanics, roofers, etc.
these few companies would be earning a huge portion of the annual GDP in the US making trillions of dollars.
UBI would be funded by taxing the begeebers out of these companies - still those companies and their few employees will be mega-rich.
my employer of 41 years had a 4 day work week. it was awesome. some of us worked 5 days, and occasionally 6 days but it was awesome. they now have a 5 day workweek... too bad
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