WHAT IS UNIVERSAL BASIC INCOME AND HOW WOULD IT WORK?

WHAT IS UNIVERSAL BASIC INCOME AND HOW WOULD IT WORK?

Universal Basic Income (UBI) proposals are on the rise, with many backing the system as a possible solution for unemployment caused by the rise of machines equipped with artificial intelligence taking over the workforce.

They system would see governments paying every citizen of a country a base salary to cover costs including food and rent.

The guaranteed sum would be paid by the state to everyone, regardless of wealth or work status.Dpending on the details of the UBI proposal, the funds could be added to existing benefits or put in place of them.Left-wing supporters of the system say that it could […]

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