Universal and basic
Elon Musk just joined a number of other financial experts who are suggesting that universal basic income (UBI) may be the solution to the looming problem of unemployment, which stands to arise due to the large-scale automation of jobs as a result of artificial intelligence (AI) .
Although there are a number of ways that the system could work, in short, UBI is a system where the government (or another public entity) gives each citizen a fixed income, regardless of employment status.The idea of UBI has been around for awhile now. President Barack Obama himself even briefly […]
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