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Chris Bowen. Credit to Britta Campion

Shadow Treasurer of the Australian Labor Party, Chris Bowen who is the Opposition Minister for Government expenditure and revenue raising, delivered a speech to the progressive think tank PerCapita in Sydney on June 9th, expressing his resistance to the concept of a Universal Basic Income (UBI), despite the support within the Labor Party for such a policy. Bowen describes the UBI as a “terrible idea” and claims that the model would undermine the Labor Party principle of ensuring dignity through work in Australia. Bowen then makes another common argument against a UBI, that it […]

Full Post at basicincome.org

A lot of people—me included—are excited about the concept of Universal Basic Income. This is the idea of eliminating all or most of the need for someone to struggle to survive, thus giving them time to dedicate to higher-level efforts like art, science, etc.

A basic example would be someone who wishes they could be a painter, or a musician, or an architect, but they can’t afford to go to school or to practice their art because of their main bills. Basic Income would provide an amount of money for free to them, and every other citizen, so that they […]

Full Post at danielmiessler.com

The Massachusetts Institute of Technology (MIT) carries out numerous researches on almost all fields of science possible and has also provided accurate results. Owing to its constantly efficient performance, the institution has earned itself a reputation of being reliable in terms of information. We humans can predict a number of scenarios through long-term observation and accurate calculations but we fail to predict our own lives. A latest MIT research tries to fulfill this motive. The initial efforts for the same began four years ago. This technology is finally put to proper use which might help in attaining impressive results.

The […]

Full Post at www.technowize.com

Credit to: AT Kearney.

Courtney McCaffrey and others from AT Kearney published an article on the debate around Universal Basic Income (UBI) in markets throughout the world. Politicians, in both Europe and North America, are winning on campaign trails with talk about returning control to the common people from the economic system in the globe.

But one of the big worker displacers is automation and new technologies. Oxford University reported 47% of US jobs will be taken over by automation in the next two decades. A UBI is being offered as an economic buffer for such workplace and technology transitions.Such a […]

Full Post at basicincome.org

First, they are making your hamburgers, now they are mixing your cocktails. America’s first robot bar is opening in Las Vegas this month. The Tipsy Robot bar will open in Planet Hollywood with drinks being poured by its fully autonomous robot staff. Customers order a drink through their smartphones or by using a tablet at the bar. You’ll need to register with your email address and get a QR code with your drink order in it. The robot will read the code and reach its articulated arm to the ceiling to pour out your favorite tipple from one of […]

Full Post at interestingengineering.com

Facebook founder Mark Zuckerberg has advocated for the introduction of universal basic income (UBI) during his 50 state tour in the USA. Zuckerberg was impressed by the Alaska Permanent Fund , where oil money is paid as a dividend to residents of the state. The policy is similar to UBI.

Zuckerberg’s comments came after Hawaii became the first US state to pass a bill supporting UBI . The HCR 89 bill is intended to "introduce a conversation" about the future of Hawaii residents. Chris Lee, state representative of Hawaii said: "Planning for the future isn’t politically sexy and won’t win […]

Full Post at www.perspecsnews.com

I’m so excited! My daughter, Kristina, is in town until Sunday. I just picked her up at the airport early, early this morning, and while en route, I was reminded of another funny story showcasing the patheticness (new word) of my tiny brain. Above one of the highway signs, there’s a picture of a bear with the word, “zoo” on top of it. Did I put that together in a logical way? Nope. I thought it said, “200 bears” and wondered where the hell they’d keep that many and why they were advertising it. Sigh. Okay, check out this […]

Full Post at channelingerik.com