John Aziz, “Prepare yourselves for the robot economy revolution.”

John Aziz -TheWeek.com

John Aziz -TheWeek.com

SUMMARY: According to this article, “We are at the beginning of a tidal wave of new economic innovation and growth that will change the way we think about the economy forever.” The author concludes, “But on a rising tide of growth, it will be possible to redistribute wealth from richer to poorer, if the political will to do so exists. In fact, high levels of job displacement will probably make it necessary to do so, perhaps through the implementation of a universal income program, where the government taxes the owners of the robots, and pays each citizen a guaranteed basic income.” John Aziz is the economics and business correspondent at TheWeek.com. He is also an associate editor at Pieria.co.uk, and his work has appeared on Business Insider, Zero Hedge, and Noahpinion.

John Aziz, “Prepare yourselves for the robot economy revolution.TheWeek.com, June 2, 2014.

-Louis K. Meisel Gallery, Inc./CORBIS, via TheWeek.com

-Louis K. Meisel Gallery, Inc./CORBIS, via TheWeek.com

INTERNATIONAL: May Day Social Media Action to Promote Basic Income, 1 May 2014

[Scott Santens]

On 1 May 2014 at 1200 Eastern Time (GMT-05:00) people across the world together plan to post to Facebook, Twitter, Tumblr, and TikTok hundreds of messages simultaneously in support of basic income in celebration of May Day and International Workers’ Day. Anyone hoping to post on TikTok in honor of this day may wish to contact a service like TokUpgrade for more guidance on how their message can reach a wider audience.

#Mayday! We need basic income.

#Mayday! We need basic income.

This action is being organized by the basic income community on Reddit and will be accomplished via Thunderclap, a “crowdspeaking platform” website where people can donate their social media reach on the above major social media platforms to collectively reach a greater number of people all at once than could usually ever be accomplished individually. If this was being carried out on an individual basis, something like Growthoid would probably be used to reach a wide audience, but this way allows for many people to come together collectively. Everyone strives to accomplish a large following, and social media users are no different. Almost all of them will try anything they can to increase the number of followers they have, and if that means trying an Instagram growth service like Nitreo, (https://nitreo.com) to achieve this, then that is what they must do. This means that everything they post will reach a wider audience, then what they would’ve been able to see happen before. This kind of action is referred to as “simultaneous scale” and functions similarly to Kickstarter, where a minimum number of participants are needed to sign up their accounts in order for any of the accounts to send out the message. It is an all or nothing action where if the goal isn’t reached, no messages will be sent. With enough participants however, successfully reached goals make possible chosen keywords to trend on Twitter, which can lead to even greater reach of potentially millions of people. The current record for greatest reach goes to the Thunderclap for the first ever World Humanitarian Day which amplified its message to over one billion people thanks to the donations of their social media reach by celebrities like Rihanna and Lady Gaga, and businesses like Coca-Cola and MTV.

For more information, go to: https://www.thunderclap.it/projects/10928-mayday-we-need-basic-income or the basic income community at www.reddit.com/r/BasicIncome.

Sources:

Case Study: World Humanitarian Day,” Thunderclap.

Jeff Bercovici, “Thunderclap, A New Tool For Amplifying Your Tweet Into a Sonic Boom,” Forbes, 31 May 2012.

INTERNATIONAL: Ten Thousand People Are Discussing Basic Income on Reddit

[Scott Santens]

On April 12th, a new milestone was reached by the basic income community on Reddit, aka /r/BasicIncome, with its surpassing of 10,000 global subscribers. On April 12th of last year, the number of subscribers was twelve.

Reddit is among the top most visited sites worldwide, with traffic last year exceeding 731 million unique visitors and 56 billion page views. Self-titled as “The Front Page of the Internet”, Reddit exists for the aggregation of links and text posts, all of which are voted up or down by its global community of registered users, such that popular posts rise and unpopular posts fall, with the additional ability of everyone to comment on everything. Many of the articles, images, and videos that end up being shared virally on the Internet, are discovered hours, days, or even weeks earlier as a popular post on Reddit. Such posts number in the millions and are categorized into “subreddits” which are the areas of interest any registered user can create on the site about anything.

Reddit

Reddit

The “BasicIncome” subreddit was created on 14 September 2012 where it did not reach 100 subscribers until the following year on 19 July 2013. Since then, /r/BasicIncome has experienced exponential growth, surpassing 1,000 subscribers on 23 September 2013, followed by 5,000 subscribers last month on 4 March 2014. Now with over 10,000 subscribers, it is currently ranked in the top 2,000 of all subreddits, of which there are over 340,000 total and growing daily.

An example of what has made this rate of growth possible is the news headlines Bill Gates recently made when speaking at the American Enterprise Institute. In emphasizing the coming replacement of jobs by technology within the next twenty years and how he believes people are not prepared for that kind of loss of demand for labor, a great amount of discussion occurred on Reddit in multiple subreddits from a multitude of posted links, of which some made it to the front page where a single link can quickly garner hundreds of thousands of views. The resultant spike in traffic produced 745 new subscribers in a single day, /r/BasicIncome’s current single day record, and over 1,500 new subscribers that week.

Reflecting the convergence of political perspectives around the idea of basic income, /r/BasicIncome has written in their rules and guidelines that they are a “non-partisan subreddit” that does not support “any specific policy, political party or ideology (other than basic income).” As their subscriber numbers continue to grow, the /r/BasicIncome community on Reddit is already discussing means of organizing and achieving actionable goals of furthering the global conversation and attaining worldwide awareness of the idea.

Exponential growth of the membership of the BI Community on Reddit

For more information, see: https://www.reddit.com/r/BasicIncome.

/r/BasicIncome Metrics,” Redditmetrics.com, April 10, 2014.

Erik Martin, “Top Posts of 2013, Stats, and Snoo Year’s Resolutions,” Redditblog.com, December 31, 2013. .

Julie Bort, “Bill Gates: People Don’t Realize How Many Jobs Will Soon Be Replaced By Software Bots,” Business Insider, March 13, 2014.

VIDEO: Daniel Häni und Enno Schmidt, “Grundeinkommen – ein Kulturimpuls [Basic Income – a cultural impulse]”

https://grundeinkommen.tv/?p=263

https://grundeinkommen.tv/?p=263

[Michael Millar]

SUMMARY: Many people are dissatisfied with their jobs. Students are pressured into picking a career. Instead of improving quality of life, we have an ‘elbow society’, one that prioritises economic growth, competition and quantity. As this happens, technology is increasing productivity and making human labour redundant. Enough food can be produced for nearly double the world’s population, yet thousands die of hunger every hour.

“Grundeinkommen – ein Kulturimpuls” is a fast-moving yet thorough analysis of Basic Income, documenting its history, economics, politics and philosophy. The film is peppered with statistics and diagrams, while opinions are shared from sociologists to supermarket workers, bankers to artists, business leaders to the man on the street.

Who would do the dirty work? Who would get out of bed? How would it be paid for? These questions are discussed, along with proposals for a single consumption tax. Income tax could be abolished while value added tax could be made more social. Victories against inequality such as child labour and the vote for women are compared to the struggle for Basic Income. The film concludes that Basic Income will encourage greater creativity, collaboration and meaning in life.

Language: German, with English subtitles

Daniel Häni und Enno Schmidt, “Grundeinkommen – ein Kulturimpuls [Basic Income – a cultural impulse]”, September 17 2008.

James J. Hughes, (editor) Special issue: “Technological Unemployment and the Basic Income Guarantee”

Technological Unemployment and the Basic Income Guarantee: JET

Technological Unemployment and the Basic Income Guarantee: JET

EXCERPT: The question is a simple one: if in the future robots take most people’s jobs, how will human beings eat? The answer that has been more or less obvious to most of those who have taken the prospect seriously has been that society’s wealth would need to be re-distributed to support everyone as a citizen’s right. That is the proposition we used to frame this special issue of the journal, and the contributors have explored new and important dimensions of the equation.

Publication information for the issue: James J. Hughes, (editor) “Technological Unemployment and the Basic Income Guarantee”: special issue of the Journal of Evolution and Technology (Volume 24 Issue 1), March 7, 2014.

This issue contains the following articles:

James J. Hughes “[Introduction] Are Technological Unemployment and a Basic Income Guarantee Inevitable or Desirable?Journal of Evolution and Technology 24 Issue 1, February 2014, pages 1-4.

Mark Walker, “BIG and Technological Unemployment: Chicken Little Versus the Economists,” Journal of Evolution and Technology 24 Issue 1, February 2014, pages 5-25.

ABSTRACT: The paper rehearses arguments for and against the prediction of massive technological unemployment. The main argument in favor is that robots are entering a large number of industries, making more expensive human labor redundant. The main argument against the prediction is that for two hundred years we have seen a massive increase in productivity with no long term structural unemployment caused by automation. The paper attempts to move past this argumentative impasse by asking what humans contribute to the supply side of the economy. Historically, humans have contributed muscle and brains to production but we are now being outcompeted by machinery, in both areas, in many jobs. It is argued that this supports the conjecture that massive unemployment is a likely result. It is also argued that a basic income guarantee is a minimal remedial measure to mitigate the worst effects of technological unemployment.

Gary E. Marchant, Yvonne A. Stevens and James M. Hennessy, “Technology, Unemployment & Policy Options: Navigating the Transition to a Better World,” Journal of Evolution and Technology 24 Issue 1, February 2014, pages 26-44.

ABSTRACT: There is growing concern that emerging technologies such as computers, robotics and artificial intelligence are displacing human jobs, creating an epidemic of “technological unemployment.”  While this projection has yet to be confirmed, if true it will have major economic and social repercussions for our future.  It is therefore appropriate to begin identifying policy options to address this potential problem.  This article offers an economic and social framework for addressing this problem, and then provides an inventory of possible policy options organized into the following six categories: (a) slowing innovation and change; (b) sharing work; (c) making new work; (d) redistribution; (e) education; and (f) fostering a new social contract.

James J. Hughes, “A Strategic Opening for a Basic Income Guarantee: in the Global Crisis Being Created by AI, Robots, Desktop Manufacturing and BioMedicine,” Journal of Evolution and Technology 24, Issue 1. February 2014, pages 45-61.

ABSTRACT: Robotics and artificial intelligence are beginning to fundamentally change the relative profitability and productivity of investments in capital versus human labor, creating technological unemployment at all levels of the workforce, from the North to the developing world. As robotics and expert systems become cheaper and more capable the percentage of the population that can find employment will also fall, stressing economies already trying to curtail “entitlements” and adopt austerity. Two additional technology-driven trends will exacerbate the structural unemployment crisis in the coming decades, desktop manufacturing and anti-aging medicine. Desktop manufacturing threatens to disintermediate the half of all workers involved in translating ideas into products in the hands of consumers, while anti-aging therapies will increase the old age dependency ratio of retirees to tax-paying workers. Policies that are being proposed to protect or create employment will have only a temporary moderating effect on job loss. Over time these policies, which will impose raise costs, lower the quality of goods and services, and lower competitiveness, will become fiscally impossible and lose political support. In order to enjoy the benefits of technological innovation and longer, healthier lives we will need to combine policies that control the pace of replacing paid human labor with a universal basic income guarantee (BIG) provided through taxation and the public ownership of wealth.  The intensifying debate over the reform of “entitlements” will be the strategic opening for a campaign for BIG to replace disability and unemployment insurance, Social Security, and other elements of the welfare state.

Jamie Bronstein, “A History of the BIG Idea: Winstanley, Paine, Skidmore and Bellamy,” Journal of Evolution and Technology 24, Issue 1. February 2014 , pages 62-69.

ABSTRACT: The notion that humans have a right to basic capital or to a basic income guarantee by virtue of their existence can be traced to the Enlightenment. Many of the suggestions inherent in modern proposals for basic income or basic capital originated with four forerunners in the Anglo-American tradition: Gerrard Winstanley, Thomas Paine, Thomas Skidmore, and Edward Bellamy. All four embraced the notion that the equal moral considerability of all humans implied an equal right to the resources needed to survive, and were subjected to withering criticism of their ideals on the grounds that the provision of basic resources conflicted with rather than enhanced freedom.

Riccardo Campa, “Workers and Automata: A Sociological Analysis of the Italian Case,” Journal of Evolution and Technology 24, Issue 1. February 2014, pages 70-85.

ABSTRACT: The aim of this investigation is to determine if there is a relation between automation and unemployment within the Italian socio-economic system. Italy is Europe’s second nation and the fourth in the world in terms of robot density, and among the G7 it is the nation with the highest rate of youth unemployment. Establishing the ultimate causes of unemployment is a very difficult task, and the notion itself of ‘technological unemployment’ is controversial. Mainstream economics tends to relate the high rate of unemployment that characterises Italian society with the low flexibility of the labour market and the high cost of manpower. Little attention is paid to the impact of artificial intelligence on the level of employment. With reference to statistical data, we will try to show that automation can be seen at least as a contributory cause of unemployment. In addition, we will argue that both Luddism and anti-Luddism are two faces of the same coin. In both cases attention is focused on technology itself (the means of production) instead of on the system (the mode of production). Banning robots or denying the problems of robotisation are not effective solutions. A better approach would consist in combining growing automation with a more rational redistribution of income.

Riccardo Campa, “Technological Growth and Unemployment: A Global Scenario Analysis,” Journal of Evolution and Technology 24, Issue 1. February 2014, pages 86-103.

ABSTRACT: The aim of this article is to explore the possible futures generated by the development of artificial intelligence. Our focus will be on the social consequences of automation and robotisation, with special attention being paid to the problem of unemployment. In spite of the fact that this investigation is mainly speculative in character, we will try to develop our analysis in a methodologically sound way. To start, we will make clear that the relation between technology and structural unemployment is still controversial. Therefore, the hypothetical character of this relation must be fully recognized. Secondly, as proper scenario analysis requires, we will not limit ourselves to predict a unique future, but we will extrapolate from present data at least four different possible developments: 1) unplanned end of work scenario; 2) planned end of robots scenario; 3) unplanned end of robots scenario, and 4) planned end of work scenario. Finally, we will relate the possible developments not just to observed trends but also to social and industrial policies presently at work in our society which may change the course of these trends.

Katarzyna Gajewska, “Technological Unemployment but Still a Lot of Work: Towards Prosumerist Services of General Interest.Journal of Evolution and Technology 24, Issue 1. February 2014, pages 104-112.

ABSTRACT: This article explores the impact of both technological unemployment and a basic income on the provision of services of general interest. A basic income may promote the restructuring of production into postcapitalist forms and projects involving peer production. This change, as well as technological unemployment, will result in lower state and market capacities to provide services. Instead, people will create various forms of self-organization to meet their needs. The paper presents examples of such models. Some ideas about the new forms of inequalities in this system will be presented to inspire a further study of this scenario.

John Danaher, “Sex Work, Technological Unemployment and the Basic Income Guarantee,” Journal of Evolution and Technology 24, Issue 1, February 2014, pages 113-130.

ABSTRACT: Is sex work (specifically, prostitution) vulnerable to technological unemployment? Several authors have argued that it is. They claim that the advent of sophisticated sexual robots will lead to the displacement of human prostitutes, just as, say, the advent of sophisticated manufacturing robots have displaced many traditional forms of factory labour. But are they right? In this article, I critically assess the argument that has been made in favour of this displacement hypothesis. Although I grant the argument a degree of credibility, I argue that the opposing hypothesis — that prostitution will be resilient to technological unemployment — is also worth considering. Indeed, I argue that increasing levels of technological unemployment in other fields may well drive more people into the sex work industry. Furthermore, I argue that no matter which hypothesis you prefer — displacement or resilience — you can make a good argument for the necessity of a basic income guarantee, either as an obvious way to correct for the precarity of sex work, or as a way to disincentivise those who may be drawn to prostitution.

Technological Unemployment and the Basic Income Guarantee: JET
Technological Unemployment and the Basic Income Guarantee: JET