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How will people generate wealth if AI does everything? Sam Altman, CEO of OpenAI: "I don't just want a check every month. I want an ownership share in whatever the AI creates." his solution: give every human on earth 1 trillion AI tokens. let them sell, pool, and build with [Spoken audio]: Say we're able to get to that space right like the move like the movement that happens with AI and with just technology Which will advance quicker. I think which is one thing that AI feels like to me it's a fast forward button on technology and on Possibility because things can be information can be quantified so quick and a lot of like more menial tasks Even though they're not really menial in people's lives But menial hypothetically Can be done quicker to get a lot of the framework for things done fast But how will people survive like how do we adjust our structure of finance a lot of like if some people own the companies that have the AI and then a lot of people are just using the AIs and the agents created by AIs to do things for them. How will society like societal members still be able to financially survive? Will there still be money? What is that? Does that make any sense? It totally makes sense. It totally makes sense. I don't know. Neither does anybody else. But I'll tell you my current best guess. Okay. Well, I'll say two guesses. One, I think it is possible that we put, you know, GPT seven or whatever in everybody's chat, GPT, everybody gets it for free. And everybody has access to just this like crazy thing such that everybody can be more productive, make way more money. It doesn't actually matter that you don't like own the cluster itself, but everybody gets to use it. And it turns out even getting to use it is enough that people are like getting richer faster and more distributed than ever before. That could happen. I think that really is possible. There's another version of this where the most important things that are happening are these systems are discovering, you know, new cures for diseases, new kinds of energy, new ways to make spaceships, whatever, and most of that value is accruing to the like cluster owners, us just so that I'm not dodging the question here. And then I think society will very quickly say, Okay, we got to have some new, some new economic model where we share that and distribute that to people. I used to be really excited about things like UBI. I still am kind of excited, like universal basic income where you just give everybody money. Yeah, you hear that term like, yeah, universal basic income. Yeah, I heard you and Rogan talk about that too while back. I still am kind of excited about that, but I think people really need agency. Like they really need to feel like they have a voice in governing the future and deciding where things go. And I think if you just like say, okay, AI is going to do everything. And then everybody gets like a, you know, dividend from that. It's not going to feel good. And, and I don't think it actually would be good for people. So I think we need to find a way where we're not just like, if we're in this world where we're not just distributing money or wealth, like, actually, I don't just want like a check every month. What I would want is like a ownership share, you know, whatever the AI I create so that I feel like I'm participating in this thing that's going to compound and get more valuable over time. So I sort of like universal basic wealth better than universal basic income. And I think I don't like basic either. I want like universal extreme wealth for everybody. But even then, like I think what people really want is the agency to kind of co-create the future together. And in a world where it's like the AI is mostly coming up with the new scientific inventions, at least we've got to still have humans like invent the new culture, and have that be a very distributed thing. Okay, I guess, yeah, I see what you're saying. Would that be like an American thing, do you think? Like, since we're invented here, or do you think, I'm just wondering, what does that look like, you know? The economic model of it all, or the whole thing? Yeah, or like, is there a dividend of the company that's then is divided up between the masses sort of? I mean, a crazy idea, but in the spirit of crazy ideas, is that if the world, there's like eight, roughly eight billion people in the world, if the world can generate like eight quintillion tokens per year, if that's the world, actually, let's say the world can generate 20 trillion quintillion, 20 quintillion tokens per year. Tokens of. Like each word generated by an AI. Just making up a huge number here. We'll say, okay, 12 of those go to, you know, the normal capitalistic system, but eight of those eight quintillion tokens are gonna get divided up equally among eight billion people. So everybody gets one trillion tokens. And that's your kind of universal basic wealth globally. And people can sell those tokens. Like if I don't need mine, I can sell them to you. We could pool ours together for some like new art project we wanna do. But instead of just like getting a check, everybody on earth is getting like a slice of the world's AI capacity. And then we're letting the like massively distributed human ingenuity and creativity and economic engine do its thing. I mean, that's like a crazy idea. Maybe it's a bad one. But that's the kind of thing that I think sounds like someone should think about it more.
1/ @JupiterExchange has launched its Global Ambassadors Program The team is selecting a small group of community members to help grow Jupiter Global, onboard new users, and get rewarded along the way
AI visual note: A promotional graphic for the 'Jupiter Global Ambassador Program' listing responsibilities like creating content and onboarding users, with benefits including early feature access and direct team communication.