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universal basic income « Limits to Growth

Some Believe Life Will Improve for All in the Automated Future

One of the reactions to the dire predictions of mass unemployment in the automated future is to claim that it won’t be a problem at all. Just institute universal basic income (UBI), the pollyannas say, and everyone will be happy with their free money, and the machines will be doing all the work — utopia!

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CBS Sunday Morning Visits Andrew Yang

It’s encouraging to see a smart young candidate for president talking about automation as a threat to the US economy and American jobs. The 2016 election was lacking any such discussion: the tech community was aware, but Washington lagged behind, as usual.

The formula is simple: when a machine become less expensive than a worker, […]

Andrew Yang Sells His Automation-Informed Presidential Campaign with Universal Basic Income

A recent survey of Democrats vying for the 2020 Presidential nomination runs over a couple dozen, some of whom are familiar mugs from the Congress plus others who are semi-identifiable mayors, business people and failed office seekers.

As a result, the lesser known candidates need to make a splash so people will remember them.

Today’s […]

Martin Ford: Adjusting to the Robot Future

Martin Ford, the author of Rise of the Robots: Technology and the Threat of a Jobless Future appeared on Ted Talks to explain important aspects of the techno-future. He starts out by emphasizing that a workplace transformation is definitely coming, and automation will displace “roughly half the jobs in the economy.”

That level of permanent […]

Automation: Basic Income Is Discussed as a Possible Solution to Jobless Future

It’s a rare thing for the automation threat to employment come up on TV, so any discussion has to be scored as a plus. In addition, the video segment was shown on the evening Fox News show Special Report a few days ago.

But universal income is a hard sell, with so many ways it […]

Silicon Valley Newspaper Floats Free Money Idea to Remedy Robot Job Loss

Sunday’s San Jose Mercury had a front-page article (graphic shown) about the possibility of instituting a universal basic income to remedy the huge job loss predicted from automation. As usual, nobody promoting the idea has any suggestion of how the government would finance the trillions of dollars annually required. Perhaps a start would be to […]