Why a tech billionaire favors a universal basic income for every American

Why a tech billionaire favors a universal basic income for every American

Salesforce.com CEO Marc Benioff is a billionaire with mansions in San Francisco and fancy digs in Hawaii . But he’s worried.

“People are losing faith in the future, believing that their children will be worse off than they are,” Benioff writes today at Fortune.com . “They are asking whether new technology is the road to a better future for all or only the few who are orchestrating the reshaping of our world.”

Benioff believes the future need not be bleak for all but the highly skilled, and he goes on to offer ways business leaders can shape the transition to artificial […]

Finland rolls out trail for ‘basic income for all’ Unemployed etc

Finland rolls out trail for 'basic income for all' Unemployed etc

Not a fan of this idea, but I can also see the mythology behind it, to get people back into work, but to me they would be better trying to fix their job security as the report notes Finland has become a ‘short term contract’ society. "I was so surprised when I got the letter, and a bit sceptical too," says Liisa Ronkainen, one of 2,000 Finns chosen for a government experiment to provide unemployed people with a basic income.
Out of work for half a year, Liisa, 26 and from Helsinki, has been looking for a job without […]

France considers idea of giving everyone £660 a month for doing nothing

France considers idea of giving everyone £660 a month for doing nothing

Benoit Hamon backs the idea of Universal Basic Income (Picture AFP Getty) It was once a radical idea, but it’s entering the political mainstream – as French politicians suggest handing a monthly wage of up to £660 to everyone, rich and poor.

Financed by higher taxes, the move would ensure people could survive, even as robots take millions of jobs in the coming decades.

Two of the seven candidates vying to represent the ruling Socialist Party in this year’s presidential election are promising modest but regular stipends to all French adults.Known as ‘universal basic income’, the idea has become popular as […]

Week 12 [16.01-22.01] Finland experiments with universal basic income scheme

Week 12 [16.01-22.01] Finland experiments with universal basic income scheme

Fot.1 http://cdn.images.express.co.uk/img/dynamic/78/590x/Finland-money-624756.jpg Finland’s experimental scheme to provide its citizens with a basic income, regardless of employment, launched earlier this week.

The two-year pilot scheme will provide 2,000 unemployed Finnish citizens, aged between 25 and 58, with a monthly basic income of 560 euros ($581.48) that will replace their other social benefits.

These citizens will continue to receive the basic income even if they find work.Kela, the organization which runs Finland’s social security systems and is running the pilot scheme, hopes the basic income experiment will boost employment, because the current system can potentially discourage the unemployed to find work as their […]

Universal Basic Income

Universal Basic Income

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a reply to: FlyInTheOintment The thing about the India trials were that the money given was pretty low, not enough to live off. I think for now thats the way forwards. Just enough money to suppliment your income but not enough to be fully comfortable with. If its positive then it can be slowly increased. The Swiss proposal of more than 2500 USD was crazy.158,823Sponsored by Revcontent You May Also Like link Not necessarily …… In a post further up I said how much I hated house workbut in having to do it (I can’t afford a […]

“Changing employment trends and universal basic income” (The Saturday Paper)”

Mike Seccombe, National Correspondent for The Saturday Paper , reported on the recent championing of a universal basic income (UBI) by those interested in the cause and concerned about “wage inequality at record highs and technology plundering jobs.” In particular, the article focuses on the support for UBI shown by Elon Musk.

Musk is heavily invested and involved in the technology world: he founded Tesla, an electric car company, and SpaceX, a private rocket engine and spacecraft builder. He has a net worth reported at $11.5 billion.

There is “a pretty good chance we end up with a universal basic income, […]

France plans to give every adult £650 a month for free over fears ROBOTS will take over three million jobs

France plans to give every adult £650 a month for free over fears ROBOTS will take over three million jobs

FRENCH politicians want to introduce new £650 monthly handouts to EVERY adult in their country over fears robots will take over three million jobs.

Two of the seven candidates pushing to represent the ruling Socialist Party in this year’s presidential election are promising the mega handouts if they get into power . A hi-tech robot showing off its impressive building skills Another cyborg working on some intricate computer circuitry The bizarre move is already being trialled in Finland and if implemented in France it would cost up to£600billion a year.

However, critics of the proposal believe it would promote laziness […]

Experimenting Unconditional Basic Income

Experimenting Unconditional Basic Income

Experimenting Unconditional Basic Income What do people do when they’re given cash, no strings attached?

Panelists:

Joe Huston – Regional Director, Give DirectlyElizabeth Rhodes – Research Director for the Basic Income Project, Y Combinator ResearchGuy Standing – Professorial Research Associate at the School of Oriental and African Studies, University of London; Founder and Co-President, Basic Income Earth NetworkIn 2016, the policy proposal for Universal Basic Income grew more favorable in American opinion. Among many others, Andrew Stern, Rob B. Reich and Martin Ford published books advocating for a guaranteed income for all. Poverty, structural unemployment, growing inequalities, automation, and precariousness […]

Europe is considering a genius proposal to fight poverty – and Britons are set to miss out [OPINION]

Europe is considering a genius proposal to fight poverty – and Britons are set to miss out [OPINION]

A proposal for universal basic income (UBI) is finally on the political agenda. If implemented, it will benefit millions of people who are in poverty or struggling to make ends meet. Unless, that is, you’re British. Why? Because of Brexit.

While MEPs urge European countries to consider introducing a basic income to prepare for mass unemployment that could come as a result of the rise of robots , Britons will continue to live in a class-divided country, in which the poor are seen as a burden, to be punished. Workhouse Britain

According to the Office of National Statistics, there […]

Fear of robots stealing 3 million French jobs sees radical plan to tax automation

Fear of robots stealing 3 million French jobs sees radical plan to tax automation

Benoit Hamon has proposed a Universal Basic Income for all French adults to offset the rise of robots and automation in the workplace.

A radical plan has been presented in France which would see an inclusive benefits system introduced to counter the rise of robots in the workplace.

Two of the seven candidates campaigning for the right to represent the Socialist Party in this year’s presidential elections are proposing a basic income of €750 to every French adult. The bill for this radical benefits plan would total a huge €700billion a year.Candidate Benoit Hamon, in the first televised debate for the […]