Author: automata

Good life after work

Good life after work

LONDON ― Almost all "robots are coming" stories follow a tried-and-true pattern. "Shop Direct puts 2,000 UK jobs at risk," screams a typical headline.
Then, quoting from authoritative reports from prestigious institutes and think tanks, the article in question usually alarms audiences with extravagant estimates of "jobs at risk" ― that is, percentages of workers whose livelihoods are threatened by high-tech automation.
To quote another representative example: "A new report suggests that the marriage of [artificial intelligence] and robotics could replace so many jobs that the era of mass employment could come to an end."
Sometimes, this […]

How governments can effectively implement UBI

How governments can effectively implement UBI

UBI may be more impactful when implemented along with existing welfare schemes, rather than replacing them, finds a study. Income transfer schemes have gained significant traction over the past few months, with major political parties announcing variants of income transfer programmes as part of their election manifestos .

These announcements have triggered debates about both the feasibility and effects of income transfers. In a recently published study, Maitreesh Ghatak of the London School of Economics and Francois Maniquet of the University catholique de Louvain added a new perspective to this debate.

They concluded that an unconditional universal basic income (UBI) for […]

Lok Sabha elections 2019: Congress modifies its strategy on Nyay

Lok Sabha elections 2019: Congress modifies its strategy on Nyay

The party has started sending personalised letters from Congress president Rahul Gandhi to 12 million poor households which will vote in the third phase of the ongoing national election on April 23, a strategist for the Congress said.

As Nyay (named after its Hindi acronym) gains popularity among constituents, the party is hoping to play on the word (it means justice in Hindi) and use it in the context of jobs, GST, empowerment of women, and the agrarian crisis to underline the party’s intent to fix problems. As Nyay (named after its Hindi acronym) gains popularity among constituents, the […]

Democratic Pres. Candidate Yang Makes Case For Universal Basic Income | Velshi & Ruhle | MSNBC

Democratic Pres. Candidate Yang Makes Case For Universal Basic Income | Velshi & Ruhle | MSNBC

Democratic Pres. Candidate Yang Makes Case For Universal Basic Income | Velshi & Ruhle | MSNBC Democratic Pres. Candidate Yang Makes Case For Universal Basic Income | Velshi & Ruhle | MSNBC
20/20 Democratic candidate and author of the war on normal people, normal people are really the average American worker in the average American worker. Right now is having a hard time getting by. They might have one year of college 70 % of living paycheck-to-paycheck and the most common jobs in our economy. Our retail call centers fast food truck driving manufacturing and all of those jobs […]

Universal Basic Income: 170K Young Koreans Will Get $883 to Spend Locally

Universal Basic Income: 170K Young Koreans Will Get $883 to Spend Locally

A radical new scheme plans to give 24-year-olds in one South Korean province a universal basic income with hardly conditions. The plan will see around 170,000 people receive the equivalent of one million won ($883) per year, but unlike similar schemes that pay participants in the national currency, this one will use a special provincial currency aimed at exchanging with small local businesses.

“The youth dividend is a type of basic income for young people,” Lee Jae-myung, governor of the Gyeonggi province that will host the scheme, said in November 2018 when he announced the budget. Jae-myung is the former […]

Universal Basic Income: Andrew Yang’s controversial solution to income inequality

Universal Basic Income: Andrew Yang’s controversial solution to income inequality

Andrew Yang / yang2020.com Businessman Andrew Yang is becoming a grassroots sensation. Yang, an entrepreneur and the founder of Venture for America , is a unique 2020 Democratic presidential candidate.

The field at the moment is full of experienced politicians, most of whom agree on the core issues: rejoining the Paris climate agreement, passing “common sense” gun safety legislation, and expanding health care coverage via some version of Medicare-for-all.

Meanwhile, Yang has focused on articulating a radical critique of American political economy: he believes automation, robotics, and artificial intelligence will soon make millions of jobs obsolete.To counteract the worst effects of […]

Future of work about much more than technology, automation: Report

Future of work about much more than technology, automation: Report

Employers must prepare for broader trends impacting labour market – including a possible rise in wildfires, floods and mudslides Calgary endured its heaviest flood in decades in 2013. A new report from the Brookfield Institute for Innovation and Entrepreneurship says employers need to prepare for more natural disasters in the future. Reuters/Andy Clark/File Photo

When predicting the future, employers have much more to worry about than technological change and automation, according to a new report by the Brookfield Institute for Innovation and Entrepreneurship in Toronto.

Demographic change, environmental sustainability, political uncertainty and globalization are all factors employers must consider when forecasting […]

Lesser Known 2020 Candidates

ALDO GONZALEZ | OPINION COLUMNIST

Over the past few weeks, I have somewhat been keeping up with the 2020 Democratic presidential candidates. The ones doing the best in the polls are Bernie Sanders, Joe Biden, Beto O’Rourke and Kamala Harris. Unfortunately, much of the polarizing and slogan-based talking points come from these candidates. In addition, Sanders and Harris recently added an awful decision to their voting record, since they each voted against the Born Alive Abortion Survivors Protection Act. This bill would have made it legally necessary to provide medical care to an infant who is born after a […]

California city’s universal basic income test: What to know

California city's universal basic income test: What to know

Reason.com managing editor Peter Suderman on how New Jersey’s largest city plans to test a universal basic income program.

Some residents in Stockton, California, are being given a free stipend to live on as part of a universal basic income experiment .

Universal basic income (UBI) is a modern welfare scheme through which citizens are granted a consistent, livable income from the government, without condition.Called the Stockton Economic Empowerment Demonstration, the test involves at least 100 residents who are set to receive $500 each month in guaranteed income over the course of 18 months.The money is distributed on pre-paid debit […]

Why Not Just Give Every American $1,000 A Month?

Why Not Just Give Every American $1,000 A Month?

If you have yet to hear of the Universal Basic Income as proposed by 2020 Democratic presidential nominee Andrew Yang, you may have not been paying much attention to politics.

His plan to give every American adult $1000 dollars a month no questions asked, is very much in vogue, despite it not being a new idea.

In fact, the idea takes root in the philosophy of Milton Friedman, father of Chicagoan economics and the economic thought-leader of modern libertarians and constitutional conservatives. Friedman may not have came up with the idea himself, but he is certainly the intellectual godfather of its […]