Billionaire and Virgin Group founder Richard Branson is the latest businessman to say that universal basic income (UBI) can help people as jobs are lost to automation. In a post, Branson detailed his experience is Finland, where the country is already experimenting with UBI. Since January, Finland...
DAN NIDESS: Why a Universal Basic Income Would Be a Calamity. Finland has been testing a basic income for 2,000 of its unemployed citizens since January, and UBI proponents say the Nordic country is providing an example for the U.S. It will be interesting to see the Finnish results, but Americans shouldn’t read too much […]
Booming tech salaries and the resulting wage gap have put the greater San Francisco area at the center of conversations about income inequality in the United States. It's even become a central issue for a certain not-running-for-president...Show More Summary
In his recent adventures beyond the valley, Mark Zuckerberg has made a point of hammering on the issue of income inequality, saying the US should "explore ideas like universal basic income to give everyone a cushion to try new things."...Show More Summary
By Global Risk Insights – With the increase of workplace automation and robotics, the fear of rising unemployment has many economists and policymakers worried how a displaced labor force will survive. The response to...
Just a year ago, proposing a concept like universal basic income could practically get me laughed off the stage at a tech industry conference. The idea that everyone should be guaranteed a minimum subsidy from the government seemed to go against every fundamental tenet of creative destruction:...
Dylan Matthews says we need a Universal Basic Income, but not because automation is going to put people out of work, as former SEIU head Andy Stern says: The arrival of driverless trucks and taxis and 3D-printed houses and robotic mall cops, he predicts, will cause a wave of joblessness that will lead to mass […]
Two weeks after Aleksandar Kocic highlighted the moment in 2012 when the market stopped caring about newsflow and reality, and, in a word "broke" with pervasive complacency setting in regardless of macro uncertainty... ... Deutsche Bank's...Show More Summary
Doug Clinton, managing partner with venture capital firm Loup Ventures, makes the case that a "universal basic income," giving people a sum of money regardless of whether they work, can be a beneficial upside to free human creativity as the robots take over jobs in the years to come.
The universal basic income debate has been raging for some years, with politicians and people hotly divided over the notion of their government paying every citizen a set amount of money on a regular basis, without requiring work to be completed.
Facebook CEO sees universal basic income as possible safety net as technology automates more jobs and puts more people out of work.
To the editor: A universal basic income might undermine people’s belief that they should contribute to the society that supports them. I have a different idea: guaranteed work. (“The case for a universal basic income,” Opinion, June 29) I envision a work exchange where anyone could be matched to...
Nobel prize winner Vernon Smith (our emeritus colleague at GMU) is a bold thinker. I have long proposed selling “government” land in the West but Vernon takes it a step further, privatize the highway network to create a permanent income fund. Show More Summary
Earlier this month, the state [of Hawaii] earned the distinction of being the first in the U.S. to formally accept the provisions of the Paris Climate Agreement after President Donald Trump decided to withdraw the nation from it, and now, Hawaii is taking the lead in embracing yet another innovative idea: universal basic income (UBI).... Show More Summary
This spring, the Canadian province of Ontario announced that about 4,000 of its citizens will receive money as part of their “no strings attached” basic income experiment. The goal is to explore how universal basic income can improve both the lives of the individuals receiving it and the nation at large. This isn’t the first […]
The idea of a universal basic income, or UBI, has been gaining popularity over the last few years. Hawaii May be First State to Adopt Universal Basic Income Hawaii's Next Steps Read moreomments
Automation in the Information Age is different. Next step, the universal basic income from Star Trek. [Kurzgesagt – In a Nutshell] The post The Rise of the Machines – Why Automation is Different this Time appeared first on Geeks are Sexy Technology News.
1. “Video games, you might say, offer a sort of universal basic income for the soul.” 2. Ross Douthat’s best movies of the new century. 3. Cash rewards for losing weight. 4. No more roaming charges in the European Union? (NYT) 5. Markets in everything: the most radioactive hostel on earth. Show More Summary
Kicking the tires on various Universal Basic Income proposals.
GUEST: In Amazon’s warehouses, there is a beehive of activity, and robots are increasingly doing more of the work. In less than five years, they will load self-driving trucks that transport goods to local distribution centers where drones will make last-mile deliveries. Soon afterward, autonomous cars will begin to take the wheel from taxi drivers; artificial […]