Author: automata

Jeremy Corbyn: UK must embrace technological change

Jeremy Corbyn: UK must embrace technological change

The PwC report suggested gains in productivity from robots and Artificial Intelligence would boost the economy The state has a vital role to play in helping the UK maximise the benefits of automation and other technological changes, Jeremy Corbyn is to say.

The Labour leader will say he is not a "doom-monger" about mechanisation, saying jobs have been "lost, replaced and transformed" down the centuries.

But he will argue that adapting the UK for the jobs of the future "can’t simply be left to the market".A recent report suggested robots could affect 30% of British jobs by 2030.The PwC study estimated […]

Hawaii just became the first US state to pass a bill supporting basic income

boogiewoogie1978

— here’s the man behind it quote:
Hawaii made waves in June when it passed the first piece of legislation aimed at exploring a niche but growing form of wealth distribution.
The bill, HCR 89, directs the government "to convene a basic economic security working group," a request that can be seen as the first tangible step toward a US basic income program. quote:Lee says basic income is one of a few approaches he’ll pursue to ensure all Hawaiians have economic security, particularly as automation threatens jobs in the state’s service-based economy. quote:After first hearing about basic […]

Zuckerberg Wants Government-Provided ‘Basic Income.’ Capitalism Made Him a Billionaire…

Zuckerberg Wants Government-Provided ‘Basic Income.’ Capitalism Made Him a Billionaire…

Many of us would love to moisturize with gold, whilst driving a Lambo down Rodeo Drive, toting a Berkin with fists full of cash. Thanks to capitalism, we have the opportunity to make such monies. Or at least to dream of making such monies while living comfortably (see LOL! Socialist Students Get “Tricked” Into Rejecting Socialism on Camera… and Bernie Sanders Freaks When Asked About Wife’s FBI Investigation ). But existing billionares want to warp America into a socialist commune. Sometimes without even knowing it.

Enter Mark Zuckerberg . He seems to genuinely believe that the government handing out money […]

Basic Income is a “Bipartisan Idea’, Says Facebook’s Mark Zuckerberg

Facebook founder and CEO Mark Zuckerberg took a trip to Homer, Alaska this weekend to do characteristically Alaska things, like catching fish, cutting fish, watching other people catch fish, oh, and thinking hard about the concept of basic income .

Zuckerberg visited Homer as part of his personal challenge to visit every state in America in 2017. While there, he took some time out of fishing to write a blog post about Alaska’s Permanent Fund Dividend , a state-sponsored form of basic income that redistributes profits from the state’s natural resources to its residents once a year, usually handing them […]

Jobs of the future

Jobs of the future

India’s economic growth and social progress have been impressive since Independence. Experts agree that, going forward, India could achieve even more in both the spheres. The fact remains that, over the years, the momentum of growth and poverty alleviation has gathered pace, driven by concerted reforms and strong roots of democratic and multicultural commitments. It is, therefore, reasonable to assume that India will, hopefully, avoid the middle-income trap in order to eradicate poverty in two more generations. This expectation is based on India’s post-Independence record and assuming that there are no unmanageable catastrophes, such as social upheaval or successive […]

Hawaii just became the first US state to pass a bill supporting basic income — here’s the man behind it

Hawaii just became the first US state to pass a bill supporting basic income — here's the man behind it

State Representative Chris Lee is leading a basic income charge in Hawaii. Cathy Bussewitz/AP Images

Hawaii made waves in June when it passed the first piece of legislation aimed at exploring a niche but growing form of wealth distribution.

The bill, HCR 89 , directs the government "to convene a basic economic security working group," a request that can be seen as the first tangible step toward a US basic income program.People who receive basic income get a fixed amount of money that they can use however they want.Early research has shown that people typically don’t spend this money on […]

Mark Zuckerberg touts free money for all

Mark Zuckerberg touts free money for all

Zuckerberg wades back into the idea of basic income. Earlier this year, Mark Zuckerberg praised the concept of basic income, telling Harvard students it was his strong support network that allowed him to take risks and succeed without the fear of failure.

The Facebook FB, +1.29% CEO, with a net worth topping $60 billion, explained that everybody — rich or poor — should be given the opportunity to chase their dreams without financial shackles. It’s something that would benefit society as a whole, but “we don’t do nearly enough to make it easy for everyone to take long shots,” he […]

Mark Zuckerberg: The U.S. Should Learn From This State’s Basic Income Program

Mark Zuckerberg: The U.S. Should Learn From This State’s Basic Income Program

Facebook founder and CEO Mark Zuckerberg learned a thing or two about universal basic income from his recent trip to Alaska. The entrepreneur believes the rest of the U.S. should take a closer look at how the northern state makes basic income work. An Approach Worth Emulating

An excursion is always a learning experience. That was certainly true for Facebook founder and CEO Mark Zuckerberg and his wife Priscilla Chan when they visited Alaska. The social media entrepreneur was impressed by the various social programs he found in America’s Last Frontier, particularly a basic income initiative that Alaska’s been […]

Mark Zuckerberg: Hey, let’s give everyone a basic income

Mark Zuckerberg: Hey, let’s give everyone a basic income

Mark Zuckerberg has been traveling around the country meeting people while denying he has any intentions of running for office. And yet, here he is making what amounts to policy recommendation for the United States. You could call this the first major plank in his non-platform. From his Facebook post : Priscilla and I spent the weekend around Homer, Alaska as part of the Year of Travel challenge. It’s beautiful here. One thing that stood out to us is how different Alaska’s social safety net programs are in a way that provides some good lessons for the rest of […]

Alaska gives residents free cash handouts—here’s what Mark Zuckerberg thinks everyone can learn from it

Alaska gives residents free cash handouts—here's what Mark Zuckerberg thinks everyone can learn from it

The billionaire founder of Facebook Mark Zuckerberg spent his July 4th weekend in Alaska learning about fishing and local economics as part of his " Year of Travel Challenge ." In Alaska, all residents get a yearly cash payment just for living in the state.

The trip gave Zuckerberg yet another platform to lobby for universal basic income (UBI), as he did during his commencement address to Harvard in May.

Alaska has a state-wide version of UBI. In 1976, the state voted to create the Alaska Permanent Fund as the Alaska pipeline construction neared completion. The goal was to share the […]