The Case For UBI-(Universal Basic Income) 1. Transition Period: As jobs are automated and workers adapt to new industries, UBI provides a financial safety net during the transition period. This ensures that people have the means to meet their basic needs while exploring alternative employment or pursuing retraining and education. 2. Support for Highly Skilled Workers: Even highly intelligent individuals may face job displacement due to automation. UBI recognizes that the impact of AI on employment is not limited to low-skilled jobs and offers support to workers across skill levels. 3. Encourages Innovation and Entrepreneurship: UBI can empower individuals […]
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