Aug 17, 2017 (LBO) – Billionaire Richard Branson has joined the growing number of voices urging caution against rapid uptake of AI and automation that may lead to governments paying workers’ salaries.
Governments will have to implement “universal basic incomes” in effect paying workers’ salaries, if automation does take root.
Analysts say the fourth industrial revolution goes hand in hand with the ‘gig’ economy. This is where workers get paid for short-term work they do, such as being couriers, ride-hailing drivers or video producers.In the UK an estimated five million people are employed in this way.Such workers, classed as independent contractors, […]
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