Automation, Robots, and Job Losses Could Make Universal Income a Reality

Automation, Robots, and Job Losses Could Make Universal Income a Reality

The rise of automation and resulting job losses those issues incur could force the federal government to guarantee some income for everyone, but that won’t happen for years or even decades, according to some academics at the Massachusetts Institute of Technology.

This sort of payment, usually referred to as Universal Basic Income (UBI), has been embraced by much of Silicon Valley and other tech enclaves, in part to offset anxiety that the technology built in these places is killing off people’s livelihoods.

UBI, if enacted, would be a flat payment to every citizen that would, in theory, act as a basic […]

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