Automation of thousands of jobs will eventually cause an epidemic of unemployment. We must brace for this future now and take the steps necessary to prevent it.
Universal basic income is the most obvious solution to this problem. The idea of guaranteeing a certain income for every member of a society isn’t a new one. Bertrand Russell floated the idea in 1918 , and numerous other intellectuals have endorsed it since. Nobel Prize-winning economist Paul Krugman sees it as the only possible solution to America’s growing inequality.
Of course, UBI has a massive hill to climb — the American primal hostility […]
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