Extensive debates around Universal basic income (UBI) have resurged in the context of imminent job losses attributable to Artificial Intelligence and Robotics. UBI has garnered media interest and support by proponents Elon Musk , Richard Branson , Barack Obama , Sam Altman , Mark Zuckerberg and many more. Recent reports point out that 48% of Americans now support UBI .
UBI is a steady monthly income that every adult receives from the government without the need to fulfill a work requirement. It is also known as Negative Income Tax, Basic Income, or Guaranteed Government Income. It’s purpose is to fix […]
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