Do we really need universal basic income? Explains godfather of AI

Do we really need universal basic income? Explains godfather of AI

Even though AI could increase productivity and wealth, the money would go to the rich, not the people who lose their jobs, which would be detrimental to society ”. In order to deal with the impact of AI on inequality, the “godfather of AI” says the government will have to introduce a universal basic income because he is “very worried that AI will eliminate lots of mundane jobs”.

“I was consulted by people in Downing Street and I advised them that universal basic income was a good idea,” he said.

Even though AI could increase productivity and wealth, the money would […]

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