COVID-19 is accelerating the pace of automation and the need for UBI

COVID-19 is accelerating the pace of automation and the need for UBI

COVID-19 is accelerating the pace of automation and the need for UBI The coronavirus crisis has acted as a catalyst for two powerful transformative forces: automation and universal basic income.

These two intertwined forces will undoubtedly gain steam, writes Frederick Kuo, and the pandemic will hasten the acceptance of them from a scale of decades to years or mere months.

This crisis has ushered in a glimpse of what a dystopian future could look like as a rapidly advancing fourth industrial revolution inevitably causes severe disruption in our economy and labor structure. The coronavirus pandemic has sent the […]

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