Tuesday, October 3, 2017

Good words on UBI

Classmate Torsten Walbaum has sent over a couple interesting links that focus on the universal basic income -- what merits it has and how it may be implemented. The first article is from Fortune and it summarizes the problem at hand --

A University of Oxford study from 2013 estimated that 47% of U.S. jobs may be at risk within the next two decades because of advances in artificial intelligence and automation. Last year, the White House Council of Economic Advisers estimated that workers making below $20 an hour would have an 83% chance of losing their jobs to robots in that span. Those odds dropped as workers’ education and income levels grew. But as software gets smarter, that too is subject to change: Companies will eliminate even jobs that were long considered immune from technological displacement.
... and the second piece, published by Futurism.com, is the infographic from which the banner image above it pulled.

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