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0xpiguy 6 hours ago

I do think there is a good chance that, in the not-so-distant future, universal basic income will become the norm. In previous industrial revolutions, large numbers of jobs were created to offset those that were lost. But there are very few things AI cannot perform faster and cheaper. Best case scenario, we will be in a world with both high productivity and high unemployment. Governments may have no choice but to provide universal income to everyone.

repelsteeltje 6 hours ago | parent | next [-]

UBI, at best, will only fix one aspect of disruption. Income is not the only reason why people want to be employed.

kjkjadksj 6 hours ago | parent | prev | next [-]

We can’t even deliver on universal healthcare. UBI is an even bigger pipe dream for american politics.

SequoiaHope 6 hours ago | parent | prev [-]

UBI requires a wealthy elite class to tax from that also does not capture the government and reduce or eliminate the UBI. The status quo shows us that if a wealthy class exists they will capture the government and eliminate benefits for the masses. Thats why minimum wage does not rise and as another commenter said we do not have universal healthcare.