Could Artificial Intelligence Lead to the Rise of Universal Basic Income?

Could Artificial Intelligence Lead to the Rise of Universal Basic Income?

Could artificial intelligence (AI) potentially replace millions of jobs and disrupt our livelihoods? This is a concern shared by Erik Brynjolfsson, a professor at Stanford University, who believes that CEOs and managers are not adequately preparing for this transition. He speculates that the next decade could either be the best or worst period in human history.

In light of this, Scott Santens, founder of the Income to Support All Foundation, argues that since we all played a role in training AI, we should benefit from the resulting productivity growth. Santens suggests that universal basic income (UBI) could be the answer […]

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