Is a Universal Basic Income the Answer to Automation-Caused Unemployment?

In Brief

With automation poised to take over an estimated 57 percent of jobs, many are turning to universal basic income (UBI) as a possible solution to widespread unemployment.

t UBI systems are already being tested in countries such as Canada, Finland, and the Netherlands, so hard data on the practicality of such systems should be forthcoming. Disruption and Displacement While technological advancements in artificial intelligence (AI) and robotics will clearly make a lot of processes easier and more cost-effective, the impending repercussions need to be addressed before the inevitable happens. As automation begins to take over several jobs, […]

Is a Universal Basic Income the answer to automation-Caused Unemployment?

In the 1950’s technology it was predicted would free people from drudgery jobs and allow people to spend more time in leisure activities. This assumed that the freed up time would be spread out equally, but what happens in reality is that there are big winners and losers. The losers, generally those without the qualifications to make it in the knowledge economy became the unemployed and people received a subsistence living, if they weren’t working. There are now generations of families who have been unemployed or underemployed and there is never any political will to get them back into […]

A mining fund in Goa could soon give all its residents an equal, regular income

A mining fund in Goa could soon give all its residents an equal, regular income

Tourist brochures frequently describe Goa as some kind of utopia and the Economic Survey – expected at the end of January, a day before the next Union Budget – could go some way in bridging the gap between imagination and reality. The document will discuss the feasibility of implementing basic income, an unconditional cash transfer for all residents that could bring improvements in health, nutrition and education.

In Goa, the basic income could come out of the Goa Iron Ore Permanent Fund, created by the Supreme Court in April 2014 as part of its judgement in a case regarding widespread […]

UBI – real solution in perfect storm of debt

UBI – real solution in perfect storm of debt

A new report from the investment service Wealthify reveals that many Scottish people are unable to save for the future because of “zero hour contracts, insecure work and low pay.” Moreover, according to the report, Scottish women save less than half of the money of men, and 10 times less than some areas of England.

Campaigners have proposed a universal basic income (UBI) in response to this–such as Kirstein Rummery, Professor of Social Policy at the University of Stirling, whom Nathanael Williams interviewed in a Commonspace article about the Wealthify report.

Rummery said, “The only real policy solution would be Universal […]

Is a Universal Basic Income the Answer to Automation-Caused Unemployment?

What the fuck are you going on about? if we’re going to go for $70,000, we might s well shoot for the moon. After all, it’s just a number. If we’re going to follow your logic, why not $7,000,000,000.00? That doesn’t make any sense. $70,000 a year wasn’t a made up imaginary number. He wasn’t suggesting we print money until our press breaks. Money represents wealth. And soon there will be enough wealth that we could give every citizen $70,000 a year while maintaining the purchasing power of the dollar. In the united states, our lowest universal basic income […]

As Tech Takes Jobs, Govts Debate Guaranteed Income

As Tech Takes Jobs, Govts Debate Guaranteed Income

The robots are coming for our jobs. Someday, they’ll take the wheel from human truckers, the plow from human farmers, the scalpel from human surgeons and maybe even the paintbrush from artists. But how exactly will society cope with the transition of jobs from human to machine hands?

The answer to that could be a basic income, a stipend provided by the state as a social safety net for displaced workers. In fact, President Barack Obama even weighed in on the idea of a basic income in a recent interview with Wired. “Whether a universal income is the right model […]

universal-basic-income

universal-basic-income

Universal Basic Income Is Core Concept of The Post- Industrial State DECEMBER 22 2016 AT302 PM Technocracy News Jason Karaian As technology displaces human employment a universalbasicincome will replace all forms of welfare and unemployment benefits This is also a key concept in historic Technocracy where energy credits would be distributed equally to all citizens There are very few policy ideas that attract support from all sides of the political spectrum these days Universal basic income is one of them The idea of replacing existing welfare systems by giving everyone unconditional cash payments—regardless of income work status or anything […]

People Are Actually Pretty Into The Idea Of A Universal Basic Income

People Are Actually Pretty Into The Idea Of A Universal Basic Income

People Are Actually Pretty Into The Idea Of A Universal Basic Income: Though, problematically, less so when they actually know what it is | FastCompany, 20 December 2016

my stuff dean winchester sam winchester plus but like Young Dean young sam wincest gif i just think this is really really cute i don’t even know why most ‘cool’ older brothers kind of ignore their ‘nerdy’ younger brothers in school? but not dean aftersc I love this because it just shows that Dean’s number one priority was always ALWAYS to take care of Sammy. In the first set he’s trying to […]

universal-basic-income

universal-basic-income

Universal Basic Income Is Core Concept of The Post- Industrial State DECEMBER 22 2016 AT302 PM Technocracy News Jason Karaian As technology displaces human employment a universalbasicincome will replace all forms of welfare and unemployment benefits This is also a key concept in historic Technocracy where energy credits would be distributed equally to all citizens There are very few policy ideas that attract support from all sides of the political spectrum these days Universal basic income is one of them The idea of replacing existing welfare systems by giving everyone unconditional cash payments—regardless of income work status or anything […]

universal-basic-income

universal-basic-income

Universal Basic Income Is Core Concept of The Post- Industrial State DECEMBER 22 2016 AT302 PM Technocracy News Jason Karaian As technology displaces human employment a universalbasicincome will replace all forms of welfare and unemployment benefits This is also a key concept in historic Technocracy where energy credits would be distributed equally to all citizens There are very few policy ideas that attract support from all sides of the political spectrum these days Universal basic income is one of them The idea of replacing existing welfare systems by giving everyone unconditional cash payments—regardless of income work status or anything […]