California City May ‘Experiment’ with UBI

 

 

Sitting in between the enormous economic opportunities of the San Francisco Bay and Silicon Valley, yet unable to break free of its largely agriculturally based economy, the City of Stockton, Calf., is now planning to “experiment” with Universal Basic Income.” The city went bankrupt just five years ago. Continue reading

The Truth About Robots

 

Is Elon Musk really wrong? Is Robin Chase, the founder of Zipcar, really wrong? Aren’t they smarter than me? Yes, they are.

They are all building rockets into space and teleportation machines and revolutionizing entire industries. But I’m absolutely sure they are wrong about robots. And history backs me up on this. Common sense backs me up on this. Basic counter-examples back me up on this.

Here’s the issue: if artificial intelligence (AI) and automation really destroy all jobs and change all industries, won’t everyone become poor and we’ll need a Universal Basic Income to survive? Continue reading

How to set up a universal basic income for all Europeans

 

Belgian Economist François Denuit suggests introducing the euro-dividend as a new pillar of social rights on which member states could build up their own basic income policies. A big leap forward towards building a truly and ambitious Social Europe.

A month ago, following a public consultation involving more than 16,500 participants drawn from civil society, the European Commission made public its reflection on the social dimension of the European Union (EU) and adopted a recommendation in favour of a “European pillar of social rights”. While we should applaud the willingness of the institution and its president, Jean-Claude Juncker, to re-engage with its right of initiative in social affairs, this proposal must be accompanied by other initiatives if the Commission hopes to meet its aim of a “social triple A” for the EU. A systematic support for national social protection systems in the form of a euro-dividend could offer a complementary and ambitious way to address current social, economic and political issues. Continue reading