Image from internationalaffairs.org.au By John Haly
The threat of Artificial Intelligence effectively doing jobs has raised fears that tomorrow’s world will be increasingly jobless. There are competing proposals to resolve the societal fallout of a jobless world.
One proposal is a Universal Basic Income (UBI) which entails the provision of a consistent and unqualified monetary allowance to every member of a given society, irrespective of their financial standing, employment situation, or any other relevant considerations. It has had several well-known advocates, from Democratic presidential hopeful Andrew Yang to tech billionaire Elon Musk . Variations on the UBI have been trialled, […]
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