Can India Make a Universal Basic Income Work?

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Can India Make a Universal Basic Income Work?

Post by echidna on Thu Apr 19, 2018 1:59 pm


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What Happens When Every Citizen Receives a Universal Basic Income

Post by echidna on Thu Apr 19, 2018 2:00 pm

What Happens When Every Citizen Receives a Universal Basic Income
https://lifehacker.com/what-you-need-to-know-about-universal-basic-income-1825172737

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Finland is killing its world-famous basic income experiment

Post by echidna on Thu Apr 19, 2018 2:02 pm


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Re: Can India Make a Universal Basic Income Work?

Post by Brutus on Fri Apr 20, 2018 12:58 am

Google’s Chief Futurist says Basic income will spread worldwide by the 2030s


Ray Kurzweil is Google’s director of engineering and believes UBI is inevitable.


"Who is Ray Kurzweil? He’s Google’s Director of Engineering, is a well-known futurist with a high-hitting track record for accurate predictions. Of his 147 predictions since the 1990s, Kurzweil claims an 86 percent accuracy rate.

Basic income will be widespread by the 2030s according to Kurzweil, one of the most recognizable futurists on Earth.

Artificial intelligence is on the verge of reshaping human society, but it’s still not clear how the post-automation economy will look like. Many believe new social safety nets will be in place to protect vulnerable citizens from technological unemployment, among other things.

At the 2018 TED Conference, futurist Ray Kurzweil made a bold prediction about the future of “free” money:

“In the early 2030s, we’ll have universal basic income in the developed world, and worldwide by the end of the 2030s. You’ll be able to live very well on that. The primary concern will be meaning and purpose,

he said onstage at the annual event.

Facebook co-founder Chris Hughes believes taxing the 1% may be the most efficient way to implement UBI as a form of wealth redistribution.

..."


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Re: Can India Make a Universal Basic Income Work?

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