Author: automata

A Canadian Province Just Passed a Resolution for Universal Basic Income

A Canadian Province Just Passed a Resolution for Universal Basic Income

This province is also very tiny farming province with less than 200,000 people total; it also tends to have >10% unemployment for decades and all their talented people leave the province asap. They really have nothing to lose. If UBI turns into a win, good on them. If UBI ultimately fails, then it really wont make things worse for them. Was going through pics my husband… Tattoo artists of reddit, what are… No matter how many times I… Overwatch Mei & Roadhog Cosplay Velma What is the strangest sub… Insane body The tongue of a tiger And they’re asking […]

Would a universal basic income fix US economic inequality? One group is spending $10 million to find out

Would a universal basic income fix US economic inequality? One group is spending $10 million to find out

Come and get it. (Stefan Bohrer / Wikimedia) Universal basic income (UBI) is either a miracle cure for ailing capitalist economies or a dead end for a doomed, under-employed underclass . Nobody really knows which is true because UBI has never been fully studied . Now, one of the most ambitious efforts so far is about to spend millions to find out.

As populist uprisings sweep the Western world bringing authoritarian leaders to power, people across the political spectrum are taking a hard look at UBI. Partially tested in various places in the 1960s and 1970s—including areas of the US, […]

Manufacturing Goes Where the Robots Are

Manufacturing Goes Where the Robots Are

In the eight months since engineer John Crews’ book on the robot future hit shelves, the global political climate has changed so drastically that Robonomics now reads like an outsider political treatise. The survey of the fourth industrial revolution explores a heavily automated future in which governments supply citizens with basic income and concerns about job loss are couched in broader conversations about ending scarcity and the socio-economic problems it presents. It’s a coherent vision of progress, but one that does jibe with the results of the US presidential election or the Brexit vote, both of which galvanized a […]

Would a universal basic income fix US economic inequality? One group is spending $10 million to find out

Would a universal basic income fix US economic inequality? One group is spending $10 million to find out

Universal basic income (UBI) is either a miracle cure for ailing capitalist economies or a dead end for a doomed, under-employed underclass . Nobody really knows which is true because UBI has never been fully studied . Now, one of the most ambitious efforts so far is about to spend millions to find out.

As populist uprisings sweep the Western world bringing authoritarian leaders to power, people across the political spectrum are taking a hard look at UBI. Partially tested in various places in the 1960s and 1970s—including areas of the US, Canada, and India—UBI gives everyone a guaranteed minimum […]

Manufacturing Goes Where the Robots Are

Manufacturing Goes Where the Robots Are

In the eight months since engineer John Crews’ book on the robot future hit shelves, the global political climate has changed so drastically that Robonomics now reads like an outsider political treatise. The survey of the fourth industrial revolution explores a heavily automated future in which governments supply citizens with basic income and concerns about job loss are couched in broader conversations about ending scarcity and the socio-economic problems it presents. It’s a coherent vision of progress, but one that does jibe with the results of the US presidential election or the Brexit vote, both of which galvanized a […]

Economists Doubt the U.S. Can Regain Many of the Factory Jobs Lost in Recent Decades

Economists Doubt the U.S. Can Regain Many of the Factory Jobs Lost in Recent Decades

An employee places shirts ready for shipment in plastic bags at the 5 Thread facility… Pulling off a renaissance in U.S. manufacturing employment will be extraordinarily tough.

After hitting a record of nearly 20 million in 1979, the number of American factory workers has plunged during each of the last five recessions and each time has never recovered. Today, 12.3 million people are employed in U.S. factories, a loss of nearly eight million jobs.

Forecasters in The Wall Street Journal’s monthly survey of economists doubt the numbers of bygone years can be restored. They estimate the U.S. will add about 7,000 […]

Carrier & The Broken Window Narrative

Carrier & The Broken Window Narrative

Lance Roberts Trump saves jobs in Indiana before even being President. This is how you make ‘America Great Again. Between promises to cut corporate taxes from 35% to 15%, reduce regulatory burdens and penalize companies who leave the U.S., markets, economists and analysts are all trying to figure out what it means. As I noted on Tuesday , the always-bullish analysts are already pushing up corporate earnings to record levels while the mainstream media is fostering the idea of an economic resurgence to levels last seen during the Reagan Administration. In turn, this will result in higher inflation, higher […]

Neither universal nor individual nor unconditional

Neither universal nor individual nor unconditional

Written By: Pierre Madden

I am convinced that Basic Income will be implemented in the next decade. By its definition, BI is universal, individual and unconditional. However, none of these features will be a part of BI as it first materializes.

A universal demogrant is just too expensive to contemplate, except in Alaska where oil revenue is distributed to every man, woman and child. Giving the same amount to everybody only to claw it back in taxes from most, while philosophically pure, flies in the face of common sense. That is why all serious proposals are structured as a negative […]

P.E.I. Passes Motion To Implement Basic Income

P.E.I. Passes Motion To Implement Basic Income

Brad Pitt‘s request for an emergency hearing to have all his and Angelina Jolie divorce documents sealed has been denied, PEOPLE has confirmed. A judge ruled on Wednesday that the filing did not meet the requirements for sealing details at this time. Both Pitt and Jolie’s attorneys were present in court for the decision. Laura Wasser, Jolie’s attorney, says the actress does not oppose sealing documents to prevent details from becoming public, but that Pitt’s team didn’t consult with them before their hearing, which is why she opposed it at this time. While the two sides continue to hash […]

Elon Musk Foresees us Adopting Some Form of Universal Basic Income

Likelihood of Automated Jobs

It’s become pretty common knowledge by now that as robots and artificial intelligence are automating many tasks, there is concern over what jobs would still be available for humans. We’ve already seen large number of job losses in the manufacturing industries, McDonald’s is replacing workers with automated kiosks, and there is even an artificial intelligence Lawyer called Ross Intelligence that has started being hired by some firms. "THERE IS A PRETTY GOOD CHANCE WE END UP WITH A UNIVERSAL BASIC INCOME, OR SOMETHING LIKE THAT, DUE TO AUTOMATION."
– Elon Musk, Founder and CEO of […]