Category: Basic Income

Glasgow could be the first city in the UK to pilot a basic universal income for every citizen, after the local council agrees to a feasibili… 16-feb (21:47) Glasgow University west end development approved (BBC News Scotland)

16-feb (20:19) German body-building pilot leaves fans weak at the knees (Dailymail-Home)

16-feb (19:47) University of Glasgow gets green light for £1 billion expansion project (Yahoo-UK) 16-feb (18:46) Powerful attack helicopter lands in middle of road bringing traffic to standstill so pilot can ask for DIRECTIONS (Mirror – World) 16-feb (17:17) Helicopter pilot lands to ask for directions in Kazakhstan (BBC News […]

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Opinion » Comment

This year’s Economic Survey has taken a serious note of the appalling conditions of India. The government must do something to reduce the disparity in income and raise the standard living of the poor. Universal Basic Income may come as a great relief for the poor but it is not a permanent solution. Trampling over social justice? Pedestrians walk past a homeless man sleeping on a footpath in New Delhi. AFP ECONOMIC inequality is rising day by day the world over. It is the biggest cause of worry for economists and policy makers. Disturbing figures keep […]

Full Post at www.tribuneindia.com

The European Parliament’s plenary session voted today (16 February) against a universal basic income to compensate for the impact of robots on the labour market.

By a broad majority, the Parliament adopted a non-legally binding report with recommendations to the European Commission on rules on robotics.

Arguably, the report represents the first effort by legislators worldwide to prepare the regulatory ground for the emerging sector of artificial intelligence and advanced robotics.Despite the fact that most groups supported the recommendations, the plenary rejected the most controversial proposals.These were the recommendations for setting up a universal basic income, a robot tax and allowing […]

Full Post at www.satprnews.com

MARICA, Brazil: Does being handed money every month — no strings attached — sound attractive? The residents of a small town in Brazil are finding out.

Governments and think tanks around the world are increasingly fascinated by the idea of a universal basic income, where citizens are given cash to spend as they want.

In Marica, a seaside town of about 150,000 people near Rio de Janeiro, the left-wing municipal government has spent the last year finding out how it works.“We are a laboratory for the Brazilian left,” says Washington Quaqua, who introduced the experiment as mayor in December 2015 before […]

Full Post at gulfnews.com

India with its three-decade-long economic sustenance is still bordering on the developing nation’s tagline. Judging by the stats around, almost one citizen in three is still living below means. Even the persistent continuation of economic welfare hasn’t allowed the nation to wash away the poverty thing till date.

But does that mean that everything is off the boil? Not that it is. The policy makers and welfare scheme-makers have been turning the tides with new and recent offerings. One such suggestion going around the news is Universal Basic Income. We here would look into it in brief and let you […]

Full Post at www.governmentyojana.in

More From Big Think: Video

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Full Post at headline.ninja

The impact of artificial intelligence on income will be profound. How will your job and income shape up?

How many jobs risk being replaced by AI?

In 2013, Oxford University’s Carl Benedikt Frey and Michael Osborne studied the risk of computerisation for 702 occupations, they estimated that 47% of workers in America occupied jobs at high risk of potential automation. Specifically at risk of having their jobs replaced by computerisation were workers in transport logistics, office support, sales and services . A substantial share of employment at risk Frey and Osbourne emphasised that, “recent developments in machine learning […]

Full Post at journal.thriveglobal.com

At the recent World Government Summit held in Dubai, Tesla ‘s (NASDAQ: TSLA ) CEO Elon Musk was given the opportunity to share his views and insights on some of the most pressing global issues and what the world can do to overcome the forthcoming challenges. In a session entitled “A Conversation with Elon Musk,” he touched on several topics including electric cars, sustainable energy generation, living in Mars, brain implants and space flights becoming as common as a plane ride. His most notable comments were the ones on artificial intelligence (AI), and automation.

On AI, Musk reiterated the threat […]

Full Post at www.artificialintelligenceonline.com

A research team consisting of economists, developmental psychologists, and a neuroscientist is developing an experiment to examine the effects of a basic income on the neural development of young children.

A new study of the effects of basic income on young children is being developed by a group of five researchers: Greg Duncan (economist at the University of California, Irvine), Kimberly Noble (neuroscientist at Teachers College, Columbia University), Katherine Magnuson (developmental psychologist at University of Wisconsin, Madison), Hirokazu Yoshikawa (developmental psychologist at New York University), and Lisa Gennetian (economist at New York University).

In a blog post about the proposed […]

Full Post at basicincome.org