Universal Basic Income (UBI)
tempo_n_groove
Posts: 40,491
Universal basic income (UBI) is a model for providing all citizens of a country or other geographic area with a given sum of money, regardless of their income, resources or employment status. The purpose of the UBI is to prevent or reduce poverty and increase equality among citizens.
I just listened to this Joe Rogan podcast with Andrew Yang. Though I may not entirely agree with the concept, the facts that he has on what is coming in the way of robotics and job loss is staggering.
College and entrepreneurship are great topics that Yang touches on too.
Please give this a listen. This was such a great interview.
Let me know what you think.
https://youtu.be/cTsEzmFamZ8
New Jersey just passed a bill where they are going to try this. Soryy it's a POST article. You can research other articles about it.
https://nypost.com/2019/03/18/newark-aims-to-become-first-big-city-to-roll-out-universal-basic-income/
I just listened to this Joe Rogan podcast with Andrew Yang. Though I may not entirely agree with the concept, the facts that he has on what is coming in the way of robotics and job loss is staggering.
College and entrepreneurship are great topics that Yang touches on too.
Please give this a listen. This was such a great interview.
Let me know what you think.
https://youtu.be/cTsEzmFamZ8
New Jersey just passed a bill where they are going to try this. Soryy it's a POST article. You can research other articles about it.
https://nypost.com/2019/03/18/newark-aims-to-become-first-big-city-to-roll-out-universal-basic-income/
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Of the two categories of work 'types' - mechanical and knowledge - there are varying degrees of mechanical and knowledge-based tasks. Packing a box (mechanical) still depends on the right way to pack it (knowledge), for example, and analyzing historical trends (knowledge) still requires building a report (mechanical).
I think there are two future realities which are likely be encountered by workers.
1) The value the employee is adding through knowledge work is minimal, so when the robotics can replace the worker's mechanical functions (the drudge work), the employee is let go, and the team either uses their existing thought leadership resources, or pivots to develop those existing resources
2) The value the employee is adding through knowledge work is large, so when the robotics can replace the worker's mechanical functions (the drudge work), the employee is developed into a thought leader (where they typically make more money)
I know it goes without saying, but integrating automation and robotics correctly in today's day and age, is an enormous competitive advantage. My hope is that employees start to see this and start showing their worth from a knowledge work perspective, and that businesses start to ask for more knowledge work to give them this opportunity to have a future in this radically changed environment.
EV
Toronto Film Festival 9/11/2007, '08 - Toronto 1 & 2, '09 - Albany 1, '11 - Chicago 1
-Eddie Vedder, "Smile"
Free if you have the time.
https://www.axios.com/mit-offers-online-course-future-work-automation-income-inequality-tech-0c249f5d-af22-49ea-8a93-07893f2f9a15.html
For the next 8 weeks, some of the best-known minds in the study of the future of work will be appearing at MIT.
What's next: It's a free online course led by MIT's Thomas Kochan and Elisabeth Reynolds, and it will track technological history going back to the 19th century, income inequality, labor groups, automation, German manufacturing and more. In the final 4 weeks, students look at the social contract coming out of WWII and create a new one for the new age of automation, Kochan tells Axios.
The course starts next Tuesday. I myself am going to be taking it. Register here.
Libtardaplorable©. And proud of it.
Brilliantati©
There is tons of land that can be built to make mega greenhouses.
EV
Toronto Film Festival 9/11/2007, '08 - Toronto 1 & 2, '09 - Albany 1, '11 - Chicago 1
EV
Toronto Film Festival 9/11/2007, '08 - Toronto 1 & 2, '09 - Albany 1, '11 - Chicago 1
My guess is people just love negative things so they can bitch about them?
Here's what I don't get about UBI, according to the definition in your lead post, why would it not be means tested? How does giving everyone the same sum of money promote equality? By definition it would promote inflation, and therefore not actually increase spending power of those living on the UBI.
Jersey is going to try this now so there will be some info in the upcoming months about it.
So truck driving is going to be gone for the most part in 10 years. All those truck drivers are going to need work.
Now take all the truck stops across middle america. There really isn't a need for them anymore so get rid of those non money making buildings.
All the people that work in them, waiters, waitress', fuel attendants, aren't needed anymore.
Now all the delivery drivers that used to deliver to them aren't needed anymore.
All the manufacturing that was made to send to these stations aren't needed anymore so let's cutback on production and issue more layoffs.
How many jobs do you think that is?
https://samharris.org/podcasts/130-universal-basic-income/
Not really a fan of Rogan.
And in my opinion, if you don't want violence in the streets you are going to have to have UBI in the near future. I'm picturing French Revolution type stuff.
-Eddie Vedder, "Smile"
-Eddie Vedder, "Smile"
-Eddie Vedder, "Smile"