, 11 tweets, 7 min read Read on Twitter
So I've been trying to consolidate my understanding of UBI as a mechanism for economic prosperity, and my understanding of UBI as a futurist and techno-optimist.

I think I'm figuring out a bit of how @AndrewYang arrived near the $1000/mo mark. [1/?]
@AndrewYang It's really quite simple, but the two most obvious explanations ($1k is nice and round & $12k/yr is just below poverty line) don't fully explain the number, imo.

First I want to explain how I see UBI.

1) UBI is a lien-on-life for capitalism until... [2/?]
@AndrewYang ...humans have little to no economic input value (which is not a guaranteed eventuality, but quite possible, imo). See @neuralink for details on how I think we can avoid this.

2) UBI is a way to allow humans to have economic leverage while power is rapidly consolidated... [3/?]
@AndrewYang @neuralink ...into the hands of those who control the means of production (read: ROBOTS AND A.I.).

Now, let's move to the $1k/mo figure.

So I think this has to do with a slow and steady transition into a true "post-scarcity" society. This is fairly futurist, so bear with me. [4/?]
@AndrewYang @neuralink If the transition was made all at once (give everyone $100k/yr), human production would rapidly decline and we may never reach true post-scarcity (this is mere supposition; please comment if you disagree).

However, the reason Yang doesn't propose $500/mo isn't because... [5/?]
@AndrewYang @neuralink ...it devalues the amount of production which has already been displaced. Already, according to the WEF in 2018, 29% of jobs had already been given to robots. Some quick #MATH yields an approximate $6T/year in value added by robots in the US alone. [6/?]
@AndrewYang @neuralink If you recall, Yang's #FreedomDividend costs ~$2.8T/year (headline cost). This is pretty close to 50% of the value of already-displaced production.

Now what people may say is "new jobs will show up" and "this has all happened before", but what some fail to realize... [7/?]
@AndrewYang @neuralink ...is that the value produced by automation will ONLY go to those who own the machines. It's a massive percentage of our economic output which is maintained and controlled by very few individuals.

The return of new jobs will NOT return that percentage to us. [8/10]
@AndrewYang @neuralink When 50% of the GDP is produced by machines, that value doesn't automatically get passed to the masses.

UBI is that mechanism. It allows competition to drive free markets while returning value which was *permanently* taken from humans. [9/10]
@AndrewYang @neuralink As far as the nominal 50% of automated value being returned as UBI...

Idk why it works out so nicely. I'm just happy that it's less than 100%, and more than a pittance.

Anyway, thanks for reading my novel. Go do #MATH and spread that #YangGangLove!
@AndrewYang @neuralink me tripping on UBI:
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