They tried Universal Basic Income in Finland, of course, and the recipients continued to work, and performed better, some pursuing more satisfying careers.

They tried Universal Basic Income in Finland, of course, and the recipients continued to work, and performed better, some pursuing more satisfying careers.

elleunchained

1da day ago People always say that if people had basic income they wouldn’t work, yet people who have more money than they could ever spend typically continue to work in some capacity as do their children, even if it’s charity work or something else.

82397451 Of course, they tax the rich in Finland so they can afford it. 7More replies to elleunchained myfancyplants 1da day ago Yup, rich people work, I want to work but can’t. People like doing things, very few are happy doing nothing or even only entertainment things.The real problem is capitalism […]

AI Will Do Most Jobs ‘Better, Faster, Cheaper’: Silicon Valley Billionaire Vinod Khosla Calls For Universal Basic Income

AI Will Do Most Jobs 'Better, Faster, Cheaper': Silicon Valley Billionaire Vinod Khosla Calls For Universal Basic Income

AI Will Do Most Jobs ‘Better, Faster, Cheaper’: Silicon Valley Billionaire Vinod Khosla Calls For Universal Basic Income Silicon Valley billionaire and venture capitalist Vinod Khosla has issued a bold prediction: artificial intelligence (AI) will replace most human jobs over the next 25 years.

In a recent blog post, Khosla wrote about the implications of AI and warned that "80% of 80% of all jobs, maybe more, can be done by AI, be it primary care doctors, psychiatrists, sales people, oncologists, farmworkers or assembly line workers, structural engineers, chip designers, you name it."

Don’t Miss: The average American couple has […]

Elleunchained (@elleunchained) on Threads

Elleunchained (@elleunchained) on Threads

elleunchained

9h9 hours ago People always say that if people had basic income they wouldn’t work, yet people who have more money than they could ever spend typically continue to work in some capacity as do their children, even if it’s charity work or something else.

43660241What they mean is folks might not be willing to work some of the (degrading, underpaid) jobs they want done.10 myfancyplants 6h6 hours ago Yup, rich people work, I want to work but can’t. People like doing things, very few are happy doing nothing or even only entertainment things.The real problem […]

Is Universal Basic Income the Solution to AI Job Displacement?

Is Universal Basic Income the Solution to AI Job Displacement?

Image AI generated via Canva’s Magic Studio Post author: Jonathan Strange

Post published:4th October 2024

Post category: Business / Current Affairs / Lifestyle Post comments: 0 Comments We may earn money or products from any Amazon affiliate products mentioned in this post. As AI and robotics continue to evolve at an astonishing pace, society faces an unprecedented question: What will happen to human jobs when machines can do it all? This blog explores whether a Universal Basic Income (UBI) could be a solution and considers the impact on the economy, human health, and happiness. Human Value […]

Opinion: Why wait until the robots take our jobs? We need a basic income now

Opinion: Why wait until the robots take our jobs? We need a basic income now

AI and tech developments are already pushing people into more precarious work, but UBI could cushion the transition

October 4, 2024

Opinion: Why wait until the robots take our jobs? We need a basic income now By Karl WiderquistSee original post here. In recent years, one of the most popular arguments for universal basic income (UBI) – a regular cash payment delivered to every individual with no work requirement or means test – has been the fear that automation and artificial intelligence (AI) will someday take our jobs. This, it’s argued, will cause massive unemployment and make UBI […]

Good health, high wealth, good retirement? EBRI study points to links

Good health, high wealth, good retirement? EBRI study points to links

Survey analysis covering 20,000 retirees also shows guaranteed income, pre-retirement planning, and racial factors may play a role.

OCT 04, 2024

If you ever needed proof that retirees who are healthier and wealthier are also more satisfied with their retirement, a new survey by the Employee Benefits Research Institute may be just what you’re looking for.The report, titled “Is Simply Having Money Enough to Ensure a Satisfying Retirement? The Relationship Between Health and Wealth in Determining Retirement Satisfaction,” draws on survey data from the University of Michigan’s 2020 Health and Retirement Study, which includes roughly 20,000 retired Americans aged 55 to […]

SASSA Universal Basic Income Explained: Will It Replace the SRD Grant?

SASSA Universal Basic Income Explained: Will It Replace the SRD Grant?

South Africa is undergoing a major political shift after the African National Congress (ANC) lost its majority in the general elections on May 29, 2024. This historic event has initiated complex negotiations between the ANC and its political rivals to form a coalition government. As discussions progress, one of the central topics is how to maintain or increase income support for adults, especially the continuation of COVID-19 relief payments for the country’s poorest households. Contents [ hide ]

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A socio-cultural revolution: The case for basic income

A socio-cultural revolution: The case for basic income

A socio-cultural revolution: The case for basic income

Research Features

· Follow 10 min read·7 hours ago Basic income makes little sense to neoliberal thinkers, though solid arguments exist for providing all citizens with a regular, unconditional sum of money. Economist Dr Jan HM Stroeken is one of the advocates of basic income . He challenges the narrow neoliberal definition of work and explains the economic feasibility of basic income. He points out that it encourages active citizenship, where citizens bring something in return for getting something. An active citizen takes the initiative, gets involved, […]

10 03 24 Denver Basic Income Project’s Mark Donovan discusses Denver ending funding

10 03 24 Denver Basic Income Project's Mark Donovan discusses Denver ending funding

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.

Speaker 1 (00:00): Denver’s universal Basic Income project is one that by some measures, has shown success over the years, where since twenty twenty one, eight hundreds homeless people were given unconditional cast.Speaker 2 (00:10): Results from the first year show that forty five percent of the participants found housing. The program is donor supported, including from the City of Denver, which is now nixed the line item from the latest budget proposal. On with us now to talk about that in greater detail. On the koa comment […]

The Flaws of Universal Basic Income in a Fully Automated Society

The Flaws of Universal Basic Income in a Fully Automated Society

In recent years, the idea of Universal Basic Income (UBI) has gained traction as a potential solution to the challenges posed by automation and artificial intelligence. Prominent figures like Elon Musk have proposed UBI as a way to ensure that people continue to have financial resources, even in a world where machines and AI handle most labor. However, as we examine the deeper implications of such a system, particularly in a fully automated society, significant flaws in the idea become apparent.

This essay will explore the core issues surrounding UBI […]