UK Minister Says Universal Basic Income May Be Needed for AI

Workers ousted by AI could receive universal basic income

The government needs a plan to ensure a ‘soft landing’ and retraining for people in industries that may disappear, says the investment minister Lord Stockwood

AI and jobs: the case against universal basic income

Adam Smith attributed the ability of one man to do the work of many to the ‘invention of a great number of machines which facilitate and abridge labour’. Writing at the dawn of the Industrial Revolution, Smith witnessed one of the most profound reorganisations of human capital in history: the transition to mechanised production. The only comparable shift was humanity’s earlier move from nomadic hunter‑gathering to settled agriculture during the …

Universal basic income backed by Labour minister as AI could see 'jobs go immediately'

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Could artificial intelligence and a universal basic income eliminate 'meaningless jobs'?

COVID showed just how "fragile" our economic security is. As artificial intelligence potentially takes jobs from humans, a universal basic income might be a solution.

Elon Musk predicts universal income will replace need to work

Elon Musk says saving money may become unnecessary as AI and robotics usher in universal high income and eliminate poverty...

Could a universal basic income be the answer to AI job losses?

Lord Stockwood says ministers needed a plan to ‘soft-land’ workers hit by what would be ‘bumpy’ societal change caused by AI.