After her side job as Biden's Commerce Secretary in charge of suppressing Chinese technological innovation, Gina Raimondo has now gone back to her main job of licking capitalist boot by suppressing any mention of wealth redistribution like UBI.
UBI is the only relatively mainstream solution to AI layoffs that isn't just straight socialism.
Joe Biden's Former commerce secretary Gina Raimondo has decided that UBI in response to AI is the thing to fear most. She said: "I personally think it's like the end of America."
She is now heading up a newly-launched extremely well-funded organization to make sure the country reaches for anything but a basic income in response to AI. It's called RAISE US, and the money behind it comes largely from the companies building the disruption it exists to manage.
RAISE US launched June 25, with Raimondo as CEO and former Indiana governor Eric Holcomb as co-chair. It has already secured more than $500 million toward a $1 billion target. Amazon, Anthropic, Microsoft, and the OpenAI Foundation are anchor partners. Behind them sits a wall of corporate and philanthropic money: Blackstone, General Motors, IBM, Eli Lilly, Mastercard, Deloitte, UPS, Cisco, Workday, Arnold Ventures, and a dozen more.
The article goes on to show that RAISE US's advertised alternative to UBI, job retraining programs, is proven to be as ineffective as one single community college course is at improving job prospects. RAISE US's entire job is to mount excuse after excuse to allow capitalists to capture all profit from replacing everyone's jobs, while making it appear like it's the workers' fault for not keeping up.
True, but the Democrats market themselves as for the working class, so Raimondo going to the Ronald Reagan Forum and bragging about her work to help capitalists unemploy everyone is a little on-the-nose.