Universal Basic Income Is Neither Universal Nor Basic

Universal Basic Income Is Neither Universal Nor Basic

As machine learning and robotics improve in the coming decades, hundreds of millions of jobs are likely to disappear, disrupting the economies and trade networks of the entire world. The Industrial Revolution created the urban working class, and much of the social and political history of the 20th century revolved around its problems. Similarly, the artificial intelligence revolution might create a new "unworking class," whose hopes and fears will shape the history of the 21st century.

Universal Basic Income

The social and economic models we have inherited from the previous century are inadequate for dealing with this new era. […]

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