A Lively Debate
Barack Obama predicted it : Universal basic income (UBI) is under debate. In a UBI system, all citizens are given a flat income regardless of their employment situation — essentially, they will receive money just for being born . The concept is being explored as a potential solution to the problems that will soon arise from artificial intelligence (AI) and job automation .
Though simple in concept, the idea has sparked lively debate.Proponents of UBI see it benefitting society on a number of levels. In February, Nobel laureate Sir Christopher Pissarides made his argument at the World […]