Category: Basic Income

TheStar.com – News/GTA – Theory of paying the poor has been around for centuries.

The idea of a minimum or basic income has been around for almost 500 years.

According to the Basic Income Earth Network (BIEN — the French word for good), 16th Century humanists such as British author and statesman Thomas Moore first floated the idea as a way to reduce theft, often perpetrated by the poor.Moore’s contemporary, Italian philosopher Johannes Ludovicus Vives, is considered the “true father” of the idea for suggesting cities pay a basic income to the poor as an efficient way for society to live […]

Full Post at spon.ca

Province to follow trail blazed by Manitoba in the mid-1970s with plan to lift people out of poverty with unconditional monthly payments. Betty Wallace says Manitoba’s Mincome experiment, back in the mid-1970s, enabled her family to buy a second-hand flatbed truck for their farm just outside Dauphin. They still use that truck four decades later. The Richardson family got a new kitchen table and 12-year-old Eric got his first trip to the dentist.

The Wallaces, who had no running water or indoor plumbing in their farmhouse in the 1970s, were able to buy a nearly-new flatbed truck.

Forty years ago, they […]

Full Post at www.thestar.com

Five years ago, Marketplace explored how machines, robots and software algorithms were increasingly entering the workforce in our series " Robots Ate My Job ." Now, we’re looking at what humans can do about it with a new journey to find robot-proof jobs .

Technology is transforming the American economy. The investment research firm Forrester predicts automation will create nearly 15 million new jobs by 2025, but at the same time, wipe out nearly 25 million. Do the math and that means 10 million jobs will disappear, on par with what happened during the Great Recession. All this has […]

Full Post at www.nwptv.org

TheStar.com – News/GTA – Man who ended up on the streets says new pilot project to fight poverty could have made a huge difference to his life if it had been in place when he lost his job.

As Ontario gears up to launch a basic income pilot project, described as a simpler, more effective way to fight poverty than welfare and other supports, the Star spoke to three Torontonians struggling to get by to see how they would spend the no-strings-attached payment.

* * *Tim Kay quit school when he was 16 to work in his father’s window […]

Full Post at spon.ca

start=”1″> It will have to happen eventually. More jobs are being automated. And instead of that benefit reaching the skill-less bottom feeders who’s jobs are being replaced (no hate, just calling it like it is), The people who automate the jobs cash in. It’s a brave new world.

This dude gets it.

I read the OP how is that awful? Its eventually going to have to happen. And it aint just miscers saying so. There literally wont be enough jobs to go around once AI/automation takes over… http://www.businessinsider.com/elon-…-income-2017-2 You have greed to blame for […]

Full Post at forum.bodybuilding.com

AddImage

CREDIT: Getty Images In fulfillment centers around the US, thousands of tiny orange robots sort packages for Amazon. In a California factory, red, multi-armed machines assemble Tesla’s electric vehicles of the future.

This is the world the tech industry is creating.According to most available data , the next 20 years will involve rapid automation of manual labor and customer service jobs. Millions of employees could be forced to learn new skills or change roles entirely.Here’s how the tech executives are responding to the threat of a robot takeover . Bill Gates The Microsoft co-founder believes so strongly in […]

Full Post at www.inc.com

Five-year-old Miko won the basic income lottery from the "Mein Grundeinkommen" (My Basic Income) initiative, leading his family to receive a monthly sum of 1000 euros for 12 months. If you were paid 1,000 euros a month without having to earn it, what would you do? An experiment into universal basic income is looking to find out what people’s choices are if they are guaranteed payments for life

Miko from Berlin may only be five, but he already has 1,000 euros per month to live on – not from hard graft, but as part of an experiment into universal […]

Full Post at www.dailysabah.com

So if we take current means tested welfare expenditures and divide it by the entire population we get $9k/yr which is well below the current poverty line. If you wrote a check to everyone for right about the poverty line at 13k that would represent $3.4 Trillion, which is significantly more than the current expenses on mean tested welfare. To put that in proper perspective with the US’ GDP of roughly $19 Trillion that expense of $3.4 Trillion would represent 18% of the current GDP in the most prosperous nation on Earth currently. Okay, more time for analysis. Remember, […]

Full Post at forums.spacebattles.com

(Source: futurism.com )

Recently, Elon Musk had the chance to share his thoughts on universal basic income (UBI) at the World Government Summit in Dubai. At the Summit, Musk had the opportunity to talk about the future , and the challenges the world will face in the next hundred years – including artificial intelligence (AI), automation, and the job displacement expected to come with it.

When asked about the challenges civilization is set to face in the near future, Musk began by noting the threat of artificial intelligences that surpass humanity.He stated, “deep artificial intelligence, or artificial general intelligence, where you […]

Full Post at kopitiambot.com

Some countries in Europe and a few states here in the U.S. have experimented with universal basic incomes for its citizens. However, could this work across the entire country here? What Is Universal Basic Income?

First off, a universal basic income is similar to Social Security in that everyone gets a fixed amount of money on a regular basis. It can be provided by the government or some other public organization. It is provided unconditionally, whether a person works or not. For people who work, it is given on top of what they already make.

The goal is to let […]

Full Post at www.liberalamerica.org