Will advances in AI lead governments to adopt a Universal Basic Income?

While the U. S. continues to lead the world in innovation relating to artificial intelligence (AI), CNN reports today China’s announcement to overtake us via its planned investment of $150 billion over the next few years.

However, a nearly offhand remark in the story–on which the author doesn’t expound–is this one: Alibaba (BABA, Tech30) founder and chairman Jack Ma, currently China’s richest man, thinks artificial intelligence will bring about a massive upheaval in society, with robots replacing many CEOs as well as less senior workers. Cashiers at McDonalds we knew about, but CEOs, too?! Ma has offered prophecies as jarring […]

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