One interesting consequence is that if this became widespread it would likely further increase the incentive to move from poor countries to rich countries.
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Very interesting proposal to change the social contract. Would be informative to trial at state or local level, to get a handle on unexpected consequences (both positive and negative).https://twitter.com/sama/status/935197741092868096 …
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Another odd consequence: wars and major disasters can substantially increase GDP. There's the potential for some unfortunate feedback loops there.
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It may have more benefits to tie it to Gross World Product. (This is no way means all governments would need to commit to it; it could still be done per-Government.)
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I read this as a (very smart) reframing of universal basic income. Is that inaccurate?
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I've no idea if that's the intent - it's not my proposal. It seems quite different in many ways, though, in producing alignment of goals and of purpose.
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I don't think this would really incentive people in a good way (or really at all tbh). From my experience, equity at a small startup is meaningful because I have a meaningful impact on the bottom line. At big companies it always felt like a bonus that was tied to a random payout.
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The big difference to various known-to-work arrangements is universality. No admission effort that creates a sense of community and reciprocity. Would be interesting to trial, but I also wonder if it's really so important to have.
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