Opinion | What Silicon Valley gets wrong about universal basic income

Opinion | What Silicon Valley gets wrong about universal basic income

Carole Filaire, 37, is unemployed and has been looking for a job for over a year. March 20, 2017, Paris. (Martin Bureau/Getty Images) Kai-Fu Lee is the chairman of Sinovation Ventures and the president of its Artificial Intelligence Institute. He was the founding president of Google China.

BEIJING — According to my estimate,roughly half of all jobs will disappear in the next decade. Routine and mechanical occupations will soon be replaced by artificial intelligence and robots at an unprecedented rate across the globe. This enormous challenge has breathed new life into an old idea called universal basic income, or […]

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