Artificial Intelligence (AI) and Universal Basic Income

Artificial Intelligence (AI) and Universal Basic Income

Introduction

Automation and the spread of AI-based technologies have raised significant concerns over the future of the labor market or humanity as a species. Whether AI would be friendly or hostile to humans is uncertain; however, this technology already affects society, especially in economic and social spheres. One of the more common solutions to AI-related unemployment is an introduction of the Universal Basic Income (UBI) in some form or shape. However, the possible implications of the UBI and even its feasibility are a subject of debate among analysts, scholars, and writers.

Ford, Martin. Rise of the Robots: Technology […]

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