Category: Basic Income

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 […]

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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 […]

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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 […]

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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 , […]

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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 […]

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This province is also very tiny farming province with less than 200,000 people total; it also tends to have >10% unemployment for decades and all their talented people leave the province asap. They really have nothing to lose. If UBI turns into a win, good on them. If UBI ultimately fails, then it really wont make things worse for them. Was going through pics my husband… Tattoo artists of reddit, what are… No matter how many times I… Overwatch Mei & Roadhog Cosplay Velma What is the strangest sub… Insane body The tongue of a tiger And they’re asking […]

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Come and get it. (Stefan Bohrer / Wikimedia) Universal basic income (UBI) is either a miracle cure for ailing capitalist economies or a dead end for a doomed, under-employed underclass . Nobody really knows which is true because UBI has never been fully studied . Now, one of the most ambitious efforts so far is about to spend millions to find out.

As populist uprisings sweep the Western world bringing authoritarian leaders to power, people across the political spectrum are taking a hard look at UBI. Partially tested in various places in the 1960s and 1970s—including areas of the US, […]

Full Post at qz.com

In the eight months since engineer John Crews’ book on the robot future hit shelves, the global political climate has changed so drastically that Robonomics now reads like an outsider political treatise. The survey of the fourth industrial revolution explores a heavily automated future in which governments supply citizens with basic income and concerns about job loss are couched in broader conversations about ending scarcity and the socio-economic problems it presents. It’s a coherent vision of progress, but one that does jibe with the results of the US presidential election or the Brexit vote, both of which galvanized a […]

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