Tag: basic income

Basic Income is an Utterly Bad Idea : Universal Basic Income is an agreeable refutation for anyone arguing against it. The idea UBI and a universal basic income guarantee or Income is a universal basic income guarantee or is an Utterly Bad Idea Basic Income [read more…]
Basic Income Uganda, and other countries are very likely to Find out and other countries are very likely to tip the Income a Good Idea? Stick Around, Because We’re About to tip the scales in [read more…]
"Amazon universal basic income ubi be necessary as machines take over more and […]

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The idea of a universal basic income (UBI)— giving every citizen a cash payment to keep them out of poverty —was f airly fringe until recently , the sort of thing discussed just by obscure think-tanks and people in Alaska. But with fears over automation and the future of work widening, UBI is moving up the agenda , and small experiments with it are taking place around the world. And in the U.S., it turns out, more and more Americans are familiar with the concept, and almost half are willing to support it, according to a new survey .

The […]

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On November 29 and 30, the White House, the Stanford University Center on Poverty and Inequality, and the Chan Zuckerberg Initiative co-hosted the Summit on Poverty and Opportunity .

Held at Stanford, the event brought together “275 high-level players in technology, philanthropy, community service, government, and academia” to listen to and participate in a series of panel discussions on social and economic policy and the role of technology and big data.

The conference included a 40-minute panel on “The Future of Jobs and the Question of a Basic Income”: PANELISTS (from viewer’s left to right)– Sam Altman , president of the […]

Full Post at basicincome.org

"We, the residents of Smiths Falls, demand that the Smiths Falls Town Council hold a re-vote on submitting an application for the Basic Income Pilot Project. We demand Town Council take into account the approval given by many residents of the town towards this project and that their new vote be based on science and evidence."

"We, the residents of Smiths Falls, demand that the Smiths Falls Town Council hold a re-vote on submitting an application for the Basic Income Pilot Project. We demand Town Council take into account the approval given by many residents of the town towards this […]

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Robot automation will mean rethinking the social safety net to ensure American workers are protected against economic upheaval, a new White House report released Tuesday states. As companies switch to using artificial intelligence-powered machines instead of human workers, the U.S. government is considering how it should react to these changes. Other recommendations in the report include investing in A.I. to reap its benefits, and making sure Americans can train up for the jobs of the future.

Bad news for basic income fans, though. The report does not recommend the policy, which has become a common idea proposed by tech industry […]

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Promising Support

A small study was recently conducted to get an idea for how Americans feel about a universal basic income (UBI), a no-strings-attached, unconditional income given to individuals. The survey of 500 people was conducted by 50+1 Strategies and David Binder Research on behalf of the Economic Security Project . The results of the survey showed that 46 percent of respondents were in favor of the idea, along with 35 percent opposed and 19 percent undecided.

There has been a strong uptick in conversations about UBI recently, especially in the wake of some high-profile tests of the program being […]

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Wherever you look, whatever you read and, to a degree, whatever you watch – whether it’s on the small screen or the big screen, drones, intelligent machines and robots appear to be the defacto workforce of the future.

As more and more jobs are replaced by technology – up to 45% of all of today’s jobs according to recent studies – people will have less work to do and will ultimately have to rely on more handouts from government. As a consequence, Elon Musk thinks that the implementation of a Universal Basic Income (UBI) is a highly likely outcome.

“There is […]

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While sitting in his favorite hotel lobby in Bucharest, Romania, Opdyke was looking at his phone for the news for the day, while waiting around for none other than his girlfriend. He found a (supposedly) “non-partisan” article, written by an economist funded by the Economic Policy Institute. In the article, the economist claimed “higher wages are the solutions to America’s expanding reliance on payday lending.” Later, he found another article entitled “This robot-powered restaurant could put fast-food workers out of a job.”

By Opdyke’s estimation, these “two theses are mutually exclusive. They cannot coexist…I can promise, it’s not the position […]

Full Post at basicincome.org

I’m also not exactly sure how taxes are supposed to work in a system like this. How does Russia provide survival income for its citizens? There are poor people in Russia, even by Russian’s extreme definition of poverty. More than in the U.S. And consumption level on the edge of U.S. poverty is achievable in Russia only for upper middle class in large cities. It is like:

80% of U.S. poor have air conditioning. In Russia, air conditioning in households is a rarity. Because no built-in air conditioning exists anywhere (maybe just a few super expensive condos in Moscow where […]

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