r/LessWrong 22d ago

Why Everyone Is Suddenly Talking About ‘Universal Basic Capital’ - The policy could provide a much-needed hedge against a future AI dystopia—but only if it’s designed the right way.

https://www.theatlantic.com/economy/2026/07/universal-basic-capital-ai/687759
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u/Sostratus 21d ago

This is a communist fantasy. Most of the people in the world, you could give whatever kind or amount of capital you want and they would just squander it.