Category: Basic Income

Dozens of Princeton University students and faculty walked out of a talk set to be delivered by social scientist Charles Murray on Thursday shortly after he was introduced.

The demonstration was organized by Carolyn Rouse, who chairs the Anthropology Department at the Ivy League college. Ms. Rouse passed out fliers prior to the event encouraging people to show up and walk out of the lecture, accusing Mr. Murray of promoting “racism and classism” in his research.

“Join us today in a silent protest against the normalization of racism and classism in academia,” Ms. Rouse, who also directs the Program in African […]

Full Post at www.washingtontimes.com

As more and more reports about automation making human jobs vanish continue, more and more serious players of the silicon valley are saying that the only recourse humanity may have is universal basic income (UBI).

Elon Musk has already addressed the question in an interview and he feels we simply won’t have any choice.”There is a pretty good chance we end up with a universal basic income, or something like that, due to automation…Yeah, I am not sure what else one would do. I think that is what would happen,” Musk said in an interview with CNBC.

However, this Thursday, the […]

Full Post at www.celebenews.com

Automation is coming after manufacturing jobs, and a new project thinks it may have the answer. The Economic Security Project, announced Thursday, wants to explore a universal basic income (UBI), something it believes could help with the coming economic shift as skilled labor is replaced by machines. The project has a number of notable founding signatories, including Facebook co-founder Chris Hughes, Y Combinator president Sam Altman, and Black Lives Matter co-founder Alicia Garza.

“In a time of immense wealth, no one should live in poverty, nor should the middle class be consigned to a future of permanent stagnation or anxiety,” […]

Full Post at www.inverse.com

It seems like we might have turned a corner today relative to universal basic income . Or at least that’s the sense that I get as I’m sitting here in bed, scrolling through today’s headlines. I mean, it’s something that we’ve been discussing for a while, but it seems like it’s everywhere today, which is odd, given how few non-Trump-related news stories break though these days. For some reason, though, the idea of universal basic income is everywhere today.

I think it must just be one of those “perfect storm” kind of things, with tech entrepreneur Elon Musk responding to […]

Full Post at markmaynard.com

Universal Basic Income (UBI) is a form of social security in which every citizen is afforded an unconditional sum of money, typically enough to provide themselves with basic needs. Proponents argue that it would eliminate poverty, increase economic growth, and reduce the bureaucracy of welfare systems. Critics claim UBI would decrease labor participation and cause major inflation.

As labor forces are threatened by mass unemployment as a result of increasing mechanization, many first-world nations have begun to flirt with the implementation of UBI. Tesla Motors CEO and futurism icon Elon Musk told CNBC in a November 2016 interview that there […]

Full Post at www.newsneck.com

Pink piggy bank standing on a wood table with one dollar bills. Amazon stores won’t need cashiers. Uber cars won’t require drivers. It’s a new economy where many human jobs vanish. And some say the solution may be a universal basic income.

On Thursday, the Economic Security Project, a research alliance of technologists and activists, announced a $10 million fund to study universal basic income over the next two years, Quartz reported .

Universal basic income provides every citizen with a standard set of money no matter their employment status. Research on the topic is sparse and so it remains to […]

Full Post at mashable.com

The Problem: Robots

While some Americans lament the outsourcing of jobs to other countries, they may be ignoring the real threat: robots. Technology and artificial intelligence have advanced so much that many traditionally human-held jobs are now performed by robots and this trend toward automation is only gaining strength. Thus, human workers are gradually becoming obsolete, including those with roles like restaurant workers and truck drivers . The Proposal: Universal Basic Income

Automation has already caused an increase in unemployment, as the number of jobs available to humans simply diminishes. So, what’s the solution? According to Elon Musk , […]

Full Post at www.popsugar.com

The Greens Institute said it remained agnostic on whether a universal basic income was right for Australia, but the conversation needed to be had. Photograph: Alamy The rise of contract and casual work means a shorter working week and universal basic income should become serious policy options, the Green Institute says.

The institute ’s report Can Less Work be More Fair ? said the loss of permanent full-time jobs in areas as diverse as cleaning services and academia was making work highly precarious and increasing the divide between those who were overworked and those who were underemployed.

Tim Hollo, the Green […]

Full Post at www.theguardian.com

Silicon Valley is in love with Universal Basic Income. Before anyone writes it off, it’s something people need to seriously consider.

If you haven’t heard about the concept of Universal Basic Income (UBI), maybe you’re missing something especially if you are tired of the debates over entitlement programs. This is an idea that is being embraced by Silicon Valley elites , so it’s not necessarily being taken as seriously as it could or should be. The basic premise is based on redistribution of wealth, but without a massive bureaucracy supporting it.

What UBI boils down to is setting a basic […]

Full Post at practicalpoliticking.com

The rise of contract and casual work means a shorter working week and universal basic income should become serious policy options, the Green Institute says.

The institute ’s report Can Less Work be More Fair ? said the loss of permanent full-time jobs in areas as diverse as cleaning services and academia was making work highly precarious and increasing the divide between those who were overworked and those who were underemployed.

Tim Hollo, the Green Institute’s executive director, said he hoped the paper expanded the acceptable boundary of conversation for left-of-centre politics, as the Institute of Public Affairs and Sky’s Andrew […]

Full Post at www.execreview.com