Billionaire and iconic entrepreneur Richard Branson says the extreme wealth that will be generated by the artificial intelligence industry should be partly redistributed as a universal basic income, or cash handouts.
"Basic income is going to be all the more important. If a lot more wealth is created by AI, the least that the country should be able to do is that a lot of that wealth that is created by AI goes back into making sure that everybody has a safety net," says Branson, speaking with Business Insider Nordic while in Helsinki for the Nordic Business Forum recently.
"Obviously AI […]
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