UBI in Korea Starts with The Youth Basic Income Project in Gyeonggi-do

UBI in Korea Starts with The Youth Basic Income Project in Gyeonggi-do

With the concern regarding inequality and unemployment rising in South Korea, the Korean government is looking to innovate its existing redistribution strategy. There is a growing concern not just in South Korea, but around the world, that monopolies, automation, and AI technology will disrupt the labor force indefinitely. UBI (Universal Basic Income) is considered one of the most ambitious social policies of our time. Some of its renowned advocates include Twitter CEO Jack Dorsey, Mark Zukerberg the founder of Facebook, Tesla Founder Elon Musk, and former U.S. presidential candidate Andrew Yang. UBI in Korea has become a hot issue […]

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