Universal Basic Income: A Solution to Automation-Induced Unemployment
Keith Correia
· Follow 3 min read·7 hours agoAs automation and AI reshape the global workforce, Universal Basic Income (UBI) has emerged as a potential solution to rising unemployment. UBI offers a guaranteed, unconditional income to all citizens, helping to mitigate economic pressures caused by job displacement. In an increasingly automated world, particularly in manufacturing, retail, and transportation, UBI could play a crucial role in maintaining social and economic stability. The Growing Impact of Automation Automation is rapidly transforming industries worldwide. A McKinsey report predicts that by 2030, up to […]
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