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Basic Income and the Automated Society

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1 Basic Income and the Automated Society on Tue Mar 28, 2017 10:33 am

Anonymous Poster wrote:I'm talking Universal Basic Income - the idea that everyone in society gets paid a minimum amount, enough to function in society, then they can choose whether to top it up with work. It's an idea that just got shot down in a Swiss referendum but has lots of supporters elsewhere; on the left as a way of extending the safety net and reducing toxic inequality; on the right as a way of slashing the current bureaucracy issuing current rag-tag benefits to the worse-off. As automation continues to hollow-out employment (there's going to be a lot of driverless cars on the road inside a decade, cutting something like 10% of jobs in a stroke) it might become unavoidable. Somebody needs to be able to buy the things the robots are making.... But what say you?

Finland trials basic income for unemployed
Government hopes two-year social experiment will cut red tape, reduce poverty and boost employment

Christian Engström, “A concrete and financed proposal for basic income in Sweden”

How can people afford education to gain skilled jobs if the unskilled labour market is being eroded by automated labour and eventually robots?

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2 Re: Basic Income and the Automated Society on Tue Mar 28, 2017 10:36 am

Soon Bots will replace human script writer: The Moffbot 2.1 is coming!

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3 Re: Basic Income and the Automated Society on Tue Mar 28, 2017 10:52 am

People say that China will become the world's dominant super power but it's based on industry, whereas, India's adoption of the English language means it is better equipped to deal with economics. Their ascent will be slower but I think they will eclipse China!

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