Vinod Khosla says universal basic income may be needed as AI takes over jobs and drives wealth disparity
Investor Vinod Khosla said universal basic income might be necessary as artificial intelligence takes on more of the work humans do.
Investor Vinod Khosla said universal basic income might be necessary as artificial intelligence takes on more of the work humans do.
Some tech leaders are advocating for universal basic income to counteract AI-driven job automation.
The once-scoffed at idea of guaranteed income is receiving renewed interest as AI becomes an increasing threat to Americans’ jobs.
While it is still considered by many to be a radical concept, proponents of a universal basic income (UBI) no longer see it only as a solution to poverty but as the answer to some of the biggest threats faced by modern workers
If CEOs had their way, their workers would be back in the office and pursuing AI advancements at the same time.
Nearly 12 million Americans in occupations with shrinking demand may need to switch jobs by 2030.
Nobel Prize winner Paul Krugman said AI will wipe out some white-collar jobs — and it will be hard to design government programs to help.
Data suggests there’s been a “pretty significant uptick” in the number of employers looking for workers with AI-related skills.
As productivity rises with automation, a UBI tied to GDP per capita could help distribute the dividends equitably.
Companies like OpenAI and Google could make unthinkable profits from successful AI. Will they share the wealth?
Over a quarter of jobs in the OECD rely on skills that could be easily automated, and workers fear they could lose their jobs to AI
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Universal or Unconditional Basic Income (UBI) is not a new idea. In fact, it is a concept that goes back hundreds of years. From Thomas