by Joe Timothy | Dec 7, 2015 | News
It can be easy to get carried away in emotional ideological debates about the validity of Universal Basic Income as a new welfare model. However, Scott Santens argues that there is no need for it at all. He maintains that there is enough scientific evidence out there to demonstrate the benefits of UBI beyond a reasonable doubt. Using evidence from studies carried out in Namibia, India, Lebanon and Alaska, Santens argues that we should use this data to inform our future economic policies based on science instead of just using our emotions.
Scott Santens, “Universal Basic Income Will Likely Increase Social Cohesion” , Huffington Post, October 22nd 2015
by Joe Timothy | Dec 4, 2015 | News
More than 1,100 robots in the body shop at Chrysler Group’s Sterling Heights, Michigan, Assembly Plant. (Photo: Fiat Chrysler Automobiles)
One of the most common arguments for a Basic Income given by advocates is the inevitable rise in job automation and the growth in artificial intelligence, this is in part due to the powerful semiconductors that are often on circuit boards which you can find out more at places similar to Gumstix.com improve the potential for this kind of technology. In this article Jacobstein outlines his fears about the impact that A.I. will have on white-collar work. He envisages a future when the speed of development in A.I. far outweighs societies ability to create new jobs.
Jacobstein then goes on to look at the possibility of introducing a basic income under these circumstances. Although he is all for the idea, he does highlight many key aspects that may hinder the chances of such a policy being brought to fruition.
Neil Jacobstein, “The Future of Work: Managing the Benefits and Risks of Artificial Intelligence”, Pacific Standard, October 13th 2015