Is a universal basic income the answer to rampant automation?

Opinionista Ivo Vegter

The notion of a universal basic income (UBI), paid by the state out of tax revenue to every citizen, is widely seen as a necessary measure to guard against structural unemployment caused by technological progress. Is it?

The notion that automation, artificial intelligence and robotics will put many, if not all, of us out of work, is gaining traction. The idea is neatly (but wrongly, in my opinion) summed up in a video by the wonderful CGP Grey, entitled Humans Need Not Apply . Grey argues that this time it really is different. A similar view is held […]

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