The End of Work? AGI Will Make UBI a Necessity (Universal Basic Income)

The End of Work? AGI Will Make UBI a Necessity (Universal Basic Income)

TheAIGRID

Summary

This video provides an in-depth explanation of Universal Basic Income (UBI), which involves providing unconditional cash payments to all citizens or residents without any requirements. It discusses the increasing significance of UBI in a future dominated by automation and Artificial General Intelligence (AGI), highlighting its role in addressing job displacement and poverty eradication. The potential challenges of inflation, funding sources like AI company profits and robo taxes, and the necessity of UBI to combat widening wealth gaps are also covered in the discussion.TABLE OF CONTENTS > Introduction to Universal Basic Income (UBI) AGI and the Need for UBI […]

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