The most recent report from the US President’s Council of Economic Advisers mentions, but rejects, the suggestion that a universal basic income be implemented to mitigate economic disruption caused by the automation of labor.
On December 20, the Council of Economic Advisers to US President Barack Obama released a report on policy responses to the threat of job loss due to artificial intelligence (AI) and other labor-displacing technologies.
The report recommends three general strategies: (1) greater investment in AI research (noting that, despite the challenges posed by technological unemployment, AI promises myriad benefits), (2) job training and education for the […]
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