![]() This also assumes that machines won’t become universally self-aware and figure out that they should put all of us humans to work. Current welfare and disability schemes incentivise unemployed people to stay at home, but UBI would simply reduce the poverty rate and free these people to do work for meaning and fulfillment rather than survival.Ĭapitalism is criticized for over-concentrating wealth in the hands of a few and if machines become the world’s intelligent workforce and take even the jobs people need to survive then the skewed income distribution of today will be far worse. ![]() Although America’s official unemployment numbers are low he says they do not account for the social ills of a growing segment of the population that feel left behind by globalisation and technology. Elon Musk, Mark Zuckerberg and other leading tech thinkers support similar proposals and Yang says UBI will help avoid a looming jobs catastrophe caused by intelligent automation. ![]() Presidential candidate Andrew Yang believes all Americans should be given $1000 per month from the government, this is his Universal Basic Income proposal which he hopes will help him win the White House next year. ![]()
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