UBI hold water?


Advocates argue that not only will AI make it necessary to provide some form of UBI, but it will also be the technological leap that makes it possible. 

But does this idea hold water, or is it just far-fetched (and highly optimistic) thinking?

UBI refers to unconditional payments made to citizens designed to cover or contribute towards the basic cost of living. 

The idea goes back to the first Industrial Revolution, when there were worries that industrialization would lead to large-scale human unemployment, resulting in civil unrest.

Although that isn’t exactly how things turned out, many countries did subsequently implement various forms of social welfare programs to provide assistance to those on low or no income —this was to try to reduce extreme poverty and the associated problems that come with it.



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