Universal basic income could be used to protect people from robots taking jobs — study

Universal basic income could be used to protect people from robots taking jobs — study

The British government could protect against job losses from automation and artificial intelligence (AI) by giving £10,000 ($14,000) per year to every citizen under 55.

That’s according to the the Royal Society for the encouragement of the Arts, Manufactures and Commerce (RSA) — which has suggested increasing taxes on big tech giants like Amazon, Facebook, and Apple to pay for the payments.

The RSA said it could pave the way to everyone getting a basic state wage.The scheme would involve citizens applying for up to £5,000 annually from the fund for up to two years to help […]

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