https://doi.org/10.31871/IJNTR.6.3.11 International Journal of New Technology and Research (IJNTR)
14 www.ijntr.org
Abstract—This paper analyses the economic challengespresented due to the large-scale displacement of labour due toautomation in the coming years and discusses the effectivenessIndex Terms— Technology, Automation, Universal BasicIncomeI. INTRODUCTION: NATURE OF THE PROBLEMThe imminent structural change due to the adoption ofautomation and technology is a process of creativedestruction [1], as it will change the nature of work as weknow it today and disrupt the labour market. 3.6 millionBritish jobs [2] and 400 – 800 million jobs worldwide [3] arelikely to be displaced by 2030 due to automation. In the nearfuture, […]
Full Post at www.ijntr.org