As AI replaces workers, China could consider universal basic income
July 23, 2025
While the term ‘universal basic income’ has yet to appear in any official Chinese policy documents, the idea may soon become less foreign
While the term ‘universal basic income’ has yet to appear in any official Chinese policy documents, the idea may soon become less foreign
Permanent staff are not affected by the cuts. The bank’s outgoing chief executive Piyush Gupta also said it expected to create around 1,000 new AI-related jobs.
