Tuesday, May 19, 2020

Movement to a Universal Basic Income Progresses

In my Blog of 9/11/2012, "Some Predictions on the Impact of Technology on Society",  (https://www.blogger.com/blog/post/edit/6920421876322952450/6003207495393219375)
I predicted that governments would seek to tax manufacturers according to the number of jobs replaced by automation. The use of robots will only accelerate since they work 24/7, are not paid, and never complain. The taxes collected will be used in part to provide a source of income for displaced workers. This income has recently been labeled, Universal Basic Income (UBI.) 
Progress in the direction of UBI is described in a recent article (Click below), 


https://www.newyorker.com/business/currency/joe-bidens-stimulus-plan-contains-an-experiment-in-universal-basic-income?utm_source=nl&utm_brand=spotlight-nl&utm_campaign=aud-dev&utm_mailing=thematic_spotlight_031621_2&utm_medium=email&bxid=5cc9e24b2ddf9c1a7adf20e6&cndid=54733085&hasha=c29e0217d06ca54c67ee3c85ebf33aa3&hashb=ea6e81b3a9bb8285f8092d805543de40adcd1da0&hashc=7be763b63396dea1b37d988aba72bc42bb179ee5efab3b98a0ed35fde5ac1350&esrc=Thematic%20Business&sourcecode=thematic_spotlight&utm_term=Thematic_Spotlight


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