AI Job Destruction Prompts Silicon Valley Libertarians To Consider Universal Basic Income

AI Job Destruction Prompts Silicon Valley Libertarians To Consider Universal Basic Income

Artificial intelligence (AI) is starting to leave a significant mark on workplaces, potentially becoming one of the most transformative changes since the Industrial Revolution.

While it promises to increase efficiencies and profits, there’s a considerable debate about its impact on jobs, with concerns about job losses as AI takes over tasks previously done by humans.

Some Silicon Valley leaders, despite their belief in free-market principles, are considering universal basic income (UBI) to help cushion the blow of these expected labor market disruptions.UBI involves giving everyone a fixed monthly payment, regardless of their employment status. This idea is being revisited as the […]

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