Anew article faith has lately been added to Silicon Valley’s reigning doctrine, alongside the abomination of neckties and the eminence of Burning Man: the idea that everybody should receive a “universal basic income,” a substantial, regular stipend for being alive. Mark Zuckerberg and Elon Musk have championed it, and even Barack Obama, while a sitting president, suggested that such payouts may soon be necessary. The cause for this, we’re told, is automation. Robots and artificial intelligence are advancing to such a degree that millions of jobs will soon disappear, never to return. The ancient link between employment and income […]
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