Tech bosses call for universal basic income

Tech bosses call for universal basic income

Snapshot

The idea of a universal basic income (UBI) is one that many have been afraid to try out, with only Finland experimenting with the concept in recent months.

However, various tech bosses suggest that the concept may soon have to be applied in their industry, especially with the growth of artificial intelligence (AI).“There is going to be backlash when it comes to jobs,” says Sayantan Ghosal, an economics professor at the University of Glasgow speaking to CNBC .At the World Economic Forum in Davos, Marc Benioff, CEO of Salesforce, said that the speed of AI development could create “digital refugees”, […]

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