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OpenAI CEO Sam Altman Proposes 'Compute' as New Form of Universal Basic Income

Algoine News
Summary:
Sam Altman, the CEO of OpenAI, suggests that advancements in artificial intelligence (AI) could result in a significant shift in socioeconomics. In a recent All-In podcast interview, Altman proposed the concept of viewing 'compute', or computational power, as a resource that could potentially replace cash as a means of universal basic income (UBI). He also addressed the potential risks and implications of AI, such as job displacement and human extinction, proposing a global authority to regulate significant projects. Despite advocating for UBI, Altman postulates considering universal basic computing power in place of universal basic income.
Sam Altman, CEO of OpenAI and Chairperson of Tools for Humanity, predicts that the dramatic advancements in artificial intelligence (AI) could cause a major overhaul of socioeconomic systems. During a recent All-In podcast episode, Altman expanded on an idea of considering computational power ('compute') as a resource, which could potentially replace cash flow as a universal basic income (UBI), transforming current socioeconomic models. The discussion also examined the risks of AI, such as human extinction or job displacement caused by AI superiority. Altman admitted the possibility that AI systems might become dangerous in the future, suggesting the establishment of a global authority responsible for regulating major projects, sparing start-ups from regulatory hindrances. Altman emphasized that OpenAI's present leading-edge model, GPT-4, poses no considerable threat to human existence. Altman, known for his endorsement of UBI, is also leading Tools for Humanity which upholds Worldcoin, a cryptocurrency and identification validation platform. Worldcoin is distributed to those who confirm their human identity, and its holders receive a monthly token. Altman criticized ineffective government poverty alleviation programs and advocated for a simplified, dignified UBI strategy: He maintains that direct cash transfers could facilitate productive decision-making. However, he acknowledged that this wouldn't solve all issues or necessarily bring happiness but could pave the way for individuals to improve their situations. Altman's support for UBI began in 2016 when he and his team started to investigate AI's potential impacts. Their research indicated UBI's prospects of success. Now, Altman reasons that the very idea of UBI could be revisited: Instead of money, Altman suggests providing universal basic computing power which everyone could use, sell or donate for a worthy cause, noting that future possibilities might involve something resembling "universal basic compute".

Published At

5/12/2024 10:37:49 PM

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