Finland Launches Its Universal Basic Income Experiment

In my last post I talked about how automation technologies will lead to mass unemployment and that we would need to change our socio-economic structure in the wake of robots taking away our jobs.

Many solutions have been suggested but till now, Universal Basic Income seems like the most viable option. As I explained in my previous post, a UBI is a system in which the state regularly pays you an unconditional some of money, meaning you get paid for being a citizen basically.

It sounds too good to be true and if enough money can be paid to all citizens, […]

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