US EditionWhy Universal Basic Income Is Still a Bad Idea
Boston Consulting Group says 10% to 15% of U.S. jobs could vanish within five years, fueling renewed calls for guaranteed income.
4 Articles
4 Articles
Musk and other tech leaders signal support for universal basic income amid AI-fueled layoffs
Musk and other tech leaders signal support for universal basic income amid AI-fueled layoffs Tech billionaires like Elon Musk are backing universal basic income as more companies lay off workers due to artificial intelligence, but some lawmakers are skeptical. Daniella Diaz, politics reporter for…
Musk pitches ‘universal high income’
Elon Musk wants to give everyone “universal high income.”The new spin on universal basic income is the least he can do, considering how much money AI will make him when his Optimus robots start replacing all human jobs.The concept: Robots and AI will mean a massive increase in the amount of goods that can be produced, which essentially brings costs down enough so that everyone can afford to live the good life … in a penthouse, of course. Univers…
(Dan Tri Newspaper) - With tens of thousands of jobs being replaced by AI, tech giants are beginning to discuss providing income to the entire population. Universal basic income (UBI) is transforming from a far-fetched idea into a serious plan.
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