Category: Basic Income

Anybody who fears mass unemployment underestimates capitalism’s extraordinary ability to generate new bullshit jobs. But if we want to rea… 03-mar (00:21) Low tax rates on investment income are unfair (Pittsburgh Post: Opinion)

02-mar (20:30) Highway 120 West to Yosemite closed; repair work to begin next week (Merced Sun-Star: Local News)

02-mar (18:28) Minimum wage for Novant Health grows to $11 per hour (Charlotte Observer: Living) 02-mar (16:32) Labor Policy Forum Serves As Reminder We Have Work To Do On Gig Economy (Forbes.com: Latest News) 02-mar (13:58) What Qualifies as Nontaxable Income? (NerdWallet.com) 02-mar (13:37) ACA losses down at […]

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hawghiggs
All American Post: #51 RE: Universal Basic Income
(03-01-2017 04:35 PM)Ohio Poly Wrote: (03-01-2017 04:17 PM)Lord Stanley Wrote: (03-01-2017 10:56 AM)bullet Wrote: (02-28-2017 11:12 PM)hawghiggs Wrote: I can’t believe anyone is even suggesting $5500 per month. That’s to much. A UBI should be enough to help eliminate poverty and provide a certain amount of mental security. But it should never be enough that someone cold fully disengage from work. What I have seen suggested is something like $600.00-$1,000 per month per person with an additional $100.00-$200.00 per child. For a family of 4 that would be […]

Full Post at csnbbs.com

While there are different flavors of the UBI, the basic concept is that everyone just gets money for existing—this, in theory, would help keep the economy running smoothly even as people are working less.

“Sounds like a communist scheme” jokes Pethokoukis. But he explains how this is actually a very old idea that has its roots on the political right as a way to simplify the welfare state. It’s an idea that’s really taken off among the libertarian-leaning luminaries of the tech world in recent years.

“Silicon Valley has sort of latched on to this idea. They have the most aggressive […]

Full Post at www.tradebuddy.online

Technology accelerates by leaps and bounds, which can only spell doom for most workers’ economic prospects. How long before a robot or algorithm can do your job, leading to mass " technological unemployment ?"

Machines are learning to master once-unthinkable tasks . Yet, even though our software can best us at Jeopardy! and our hardware has learned to run and jump , there’s still no consensus among economists that we’re entering a world without a need for humans.

Layoffs are an unfortunate consequence of innovation. Refrigerators replaced the milk man and faxes and computers decimated the ranks of the post office […]

Full Post at uk.pcmag.com

Start Download – View PDF Convert From Doc to PDF, PDF to Doc Simply With The Free On-line App! Go to fromdoctopdf.com The possibility of a universal basic income was widely discussed before the presentation of the union budget this year, and although the budget did not have any room for this the debate has lingered on. So it is important to get a proper idea of what the proponents of the idea have in mind.

An important indication of this was provided on February 24 by the Chief Economic Advisor Arvind Subramanian. As he has been closely associated with […]

Full Post at www.thestatesman.com

Universal Basic Income is a next step in the evolution of humanity. Thinking of economic and sociological ideas through the lens of Darwinian evolution adds an interesting perspective to discussions of the policy. The New Evolution

Almost two centuries ago an idea was born with such explanatory power that it created shock waves across all of human society and whose aftershocks we’re still feeling to this day. It’s so simple and yet so powerful, that after all these years, it remains capable of making people question their very faith. CLICK TO VIEW THE FULL INFOGRAPHIC The idea of which […]

Full Post at futurism.com

Now that he won’t be labor secretary, Andy Puzder will be free to keep running his fast food empire the way he likes: with low wages, rampant wage theft and sky-high rates of sexual harassment. Because humans do pesky things like complain and demand decent hours and collective bargaining rights, Puzder has toyed with the idea of replacing them with robots. As he’s put it , machines are "always polite, they always upsell, they never take a vacation, they never show up late, there’s never a slip-and-fall, or an age, sex, or race discrimination case."

Bill Gates and French […]

Full Post at www.truth-out.org

Bratislav Milenkovic

A great deal has been written in recent years about the perils of automation. With predicted mass unemployment, declining wages, and increasing inequality, clearly we should all be afraid.

By now it’s no longer just the Silicon Valley trend watchers and technoprophets who are apprehensive. In a study that has already racked up several hundred citations, scholars at Oxford University have estimated that no less than 47 per cent of all American jobs and 54 per cent of all those in Europe are at a high risk of being usurped by machines. And not in a hundred years or […]

Full Post at wesh.uk

Technology accelerates by leaps and bounds, which can only spell doom for most workers’ economic prospects. How long before a robot or algorithm can do your job, leading to mass " technological unemployment ?"

Machines are learning to master once-unthinkable tasks . Yet, even though our software can best us at Jeopardy! and our hardware has learned to run and jump , there’s still no consensus among economists that we’re entering a world without a need for humans.

ADVERTISING inRead invented by Teads Layoffs are an unfortunate consequence of innovation. Refrigerators replaced the milk man and faxes and computers decimated the […]

Full Post at www.pcmag.com