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Neither universal nor individual nor unconditional

Neither universal nor individual nor unconditional

Written By: Pierre Madden

I am convinced that Basic Income will be implemented in the next decade. By its definition, BI is universal, individual and unconditional. However, none of these features will be a part of BI as it first materializes.

A universal demogrant is just too expensive to contemplate, except in Alaska where oil revenue is distributed to every man, woman and child. Giving the same amount to everybody only to claw it back in taxes from most, while philosophically pure, flies in the face of common sense. That is why all serious proposals are structured as a negative […]

P.E.I. Passes Motion To Implement Basic Income

P.E.I. Passes Motion To Implement Basic Income

Brad Pitt‘s request for an emergency hearing to have all his and Angelina Jolie divorce documents sealed has been denied, PEOPLE has confirmed. A judge ruled on Wednesday that the filing did not meet the requirements for sealing details at this time. Both Pitt and Jolie’s attorneys were present in court for the decision. Laura Wasser, Jolie’s attorney, says the actress does not oppose sealing documents to prevent details from becoming public, but that Pitt’s team didn’t consult with them before their hearing, which is why she opposed it at this time. While the two sides continue to hash […]

Elon Musk Foresees us Adopting Some Form of Universal Basic Income

Likelihood of Automated Jobs

It’s become pretty common knowledge by now that as robots and artificial intelligence are automating many tasks, there is concern over what jobs would still be available for humans. We’ve already seen large number of job losses in the manufacturing industries, McDonald’s is replacing workers with automated kiosks, and there is even an artificial intelligence Lawyer called Ross Intelligence that has started being hired by some firms. "THERE IS A PRETTY GOOD CHANCE WE END UP WITH A UNIVERSAL BASIC INCOME, OR SOMETHING LIKE THAT, DUE TO AUTOMATION."
– Elon Musk, Founder and CEO of […]

Amazon is about to make groceries better but inequality far worse

When Amazon unveiled plans on Tuesday for grocery stores without cashiers, it seemed like an omen of the future: A store full of shoppers, with just a few workers in the background.

Are the robots coming for our jobs? (Some of them.) Is Amazon Go the future? (Probably.)

And yes: It could create some jobs, too. But as for the jobs it’ll leave behind, that’s where bad news gets worse. It’s not just that Amazon’s grocery-buying disruption will cost jobs—it’s that the people who rely on those jobs are already our country’s most economically vulnerable. It’s a bad situation made worse.In […]

A Canadian Province Just Passed a Resolution for Universal Basic Income

The four political party leaders in PEI unanimously supported the decision to establish a program that would guarantee all citizens a basic income.

A UBI could potentially decrease poverty, improve health, reduce crime, and raise education levels at a time when increased job loss is imminent due to advances in technology.

UBI for PEI The government of Prince Edward Island (PEI) has taken a major step forward toward the implementation of a universal basic income (UBI) for citizens of the small Canadian province as state legislature has approved the proposed initiative .The four political party leaders in PEI […]

Automation destroyed 20 million manufacturing jobs

Summary:
I am becoming increasingly frustrated by all the articles I’m reading about how trade is supposedly decimating jobs in US manufacturing. I went to the FRED data set, and they have manufacturing output (real) going back to the first quarter of 1987. So let’s start there. Their series shows total manufacturing output rising from 69.789 in 1987 to 129.129 in the most recent quarter. That’s an 85% gain. At the same time, manufacturing employment has fallen, from 17.499 million to 12.275 million. This represents a decline from 17.3% of total employment to only 8.5% of total employment. […]

futurism.com | A Canadian Province Just Passed a Resolution for Universal Basic Income

futurism.com | A Canadian Province Just Passed a Resolution for Universal Basic Income

UBI for PEI

The government of Prince Edward Island (PEI) has taken a major step forward toward the implementation of a universal basic income (UBI) for citizens of the small Canadian province as state legislature has approved the proposed initiative .

The four political party leaders in PEI unanimously supported the decision to work with the country’s government to establish a hopefully successful pilot program that could lower poverty, improve health, reduce crime, and raise education levels. Successfully passing the legislation is just the beginning, however. They now have to bring the system to reality and successfully implement it.Despite […]

Is Universal Basic Income a good idea?

Is Universal Basic Income a good idea?

Campaigners for a Universal Basic Income or Citizen’s Basic Income are calling for the state to give everyone, including rich and poor, earners and non-earners, adults and children, a uniform sum of money each week. It is a simple idea that has wide appeal, not least to those concerned about the impact of automation on jobs and the misery caused to people who must prove their incapacity to work to qualify for income support.

Like most ‘silver bullet’ solutions, its apparent simplicity belies its many contradictions and dangers. Here are some reasons why it is not a good idea.

1. […]

How to support yourself after the robot revolution

How to support yourself after the robot revolution

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Here’s a startling prediction: if current labor trends continue, one out of three American men, ages 25-54, will be out of work by mid-century.That’s what former U.S. Treasury Secretary Lawrence Summers expects. “Job destruction caused by technology is not a futuristic concern,” Summers wrote this fall. “It is something we have been living with for two generations.”Contract jobs, gig work and robots have all made work more precarious. Silicon Valley pioneered many of the changes, and now some tech entrepreneurs believe they have a solution to the economic anxiety they’ve helped create.Put bluntly, it’s free […]

A Canadian Province Just Passed a Resolution for Universal Basic Income

A Canadian Province Just Passed a Resolution for Universal Basic Income

The four political party leaders in PEI unanimously supported the decision to establish a program that would guarantee all citizens a basic income.

A UBI could potentially decrease poverty, improve health, reduce crime, and raise education levels at a time when increased job loss is imminent due to advances in technology.

UBI for PEI The government of Prince Edward Island (PEI) has taken a major step forward toward the implementation of a universal basic income (UBI) for citizens of the small Canadian province as state legislature has approved the proposed initiative .The four political party leaders in PEI […]