My objection to universal basic income (UBI) is that it misunderstands the nature of the problem of employment in the age of automation and data. I agree that there is reason to be alarmed that we may face a future when there are no jobs for people who want jobs and historically were able to find jobs. My with the UBI solution is that the real problem is the lack of jobs instead of the lack of income. Income without a job does not address the fundamental problem of loss of work. The primary benefit of work is the […]
Full Post at hypothesis-discovery.com