This question lies at the heart of the growingly popular but contentious topic of Universal Basic Income (UBI), which proposes replacing often inefficient social welfare programs with a guaranteed paycheck for all, enough to afford at least the basic needs of food, shelter, and clothing. It’s a counter-intuitive income model that challenges assumptions about effective compassion and induced laziness, but amid fears of an automated future , more economists are starting to take a hard look.
In a Reddit Ask Me Anything interview Monday, philanthropist and entrepreneur Bill Gates had the following to say on the matter: Over time countries […]
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