As Americans grapple with persistent inflation and the looming threat of job displacement from artificial intelligence, an old idea is gaining new momentum: Universal Basic Income (UBI). The concept ...
As Americans struggle with the high cost of living, an old idea is getting a fresh look. In dozens of pilot programs around the country, policymakers and researchers are exploring what happens when ...
Last year, I wrote about the OpenResearch Unconditional Income Study (ORUS), an experiment in which lower-income Americans were given $1,000 a month for three years—a short-term test run of proposals ...
If I told you that AI was going to make humans redundant and cause widespread unemployment, you’d probably think that’s a bad thing, right? But what if the reality is that it’s going to make work ...
Howard County’s new Guaranteed Basic Income (GBI) pilot may be framed as compassionate policy, but it’s part of a troubling pattern that’s taking root across Maryland and the United States. Following ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Lakshmi Varanasi Every time Lakshmi publishes a story, you’ll get an alert straight to your ...
The titans of AI say they're coming for your job, but UBI will solve everything. Do they have a point? Reading time 12 minutes Three years ago, OpenAI CEO Sam Altman published an essay dubbed “Moore’s ...
Free money makes people less likely to work. If common sense doesn’t convince you of that, a new study should. In July, a National Bureau of Economic Research paper looked at the effects of a ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. What would it be like to have all your basic needs met ...
Universal basic income was once thought politically impossible. Then came Andrew Yang and COVID-19. Basic income programs are now gaining traction, offering payments to struggling families. Many ...
As global wealth inequality deepens and automation threatens to usher in a new form of technology-driven unemployment, many nations, from the wealthy and industrialized to the still-developing, are ...
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