Canada ends its three year Universal Basic Income trial two years early

Canada ends its three year Universal Basic Income trial two years early

WHY THIS MATTERS IN BRIEF Governments fear the fall out from the mass automation of jobs by AI will be extreme so they’re investigating new welfare systems to limit the damage, but solutions are illusive.   4,000 people in Ontario, Canada just lost their Universal Basic Income (UBI) cash and...

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Finland evaluates the results of its Universal Basic Income experiment

Finland evaluates the results of its Universal Basic Income experiment

WHY THIS MATTERS IN BRIEF As automation threatens to make tens, if not hundreds, of millions of people redundant, governments are trialling new welfare schemes to support them, one of which is UBI.   The rise of the robots, whether it’s hardware robots that are taking over more manufacturing jobs,...

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As automation accelerates experts debate Universal Basic Income alternatives

As automation accelerates experts debate Universal Basic Income alternatives

WHY THIS MATTERS IN BRIEF Increasingly sophisticated technologies are bringing about a new revolution in automation that threatens hundreds of millions of jobs, and if unemployment rises governments will need a way to support people who are affected.   In Budapest last week a small crowd gathered to watch Steve Fuller,...

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San Fransisco mulls introducing America’s first “Robot Tax”

San Fransisco mulls introducing America’s first “Robot Tax”

WHY THIS MATTERS IN BRIEF As the level of automation around the world increases governments are increasingly considering taxing robots, and, more specifically, machines that “automate” human jobs.   Artificial Intelligence (AI), robots and other Robotic Process Automation (RPA) tools are now handling more and more of the work that...

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South Korea introduces the world’s first “Robot Tax”

South Korea introduces the world’s first “Robot Tax”

WHY THIS MATTERS IN BRIEF Experts and governments are predicting that a rising tide of automation will have a dramatic impact on today’s workforce and lower tax receipts, and taxing the machines and robots driving the revolution is becoming an increasingly popular idea.   South Korea has introduced what is...

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Hawaii becomes first US state to pass a bill supporting Universal Basic Income

Hawaii becomes first US state to pass a bill supporting Universal Basic Income

WHY THIS MATTERS IN BRIEF It’s hoped that Universal Basic Income will act as a support net for individuals who loose their jobs to automation, and Hawaii’s state legislature now officially support the idea.   As automation continues to bite into the global workforce, whether it’s taking jobs on Wall...

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Blockchain and Universal Basic Income join forces to lift 22,000 children out of poverty

Blockchain and Universal Basic Income join forces to lift 22,000 children out of poverty

WHY THIS MATTERS IN BRIEF Despite recent developments, if poverty was a disease governments would classify it as a pandemic, now though the unlikely union of emerging technology and the charity sector could one day drive poverty to zero.   As the popularity of blockchain grows so too do the...

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New EU report recommends Universal Basic Income for all 27 member states

New EU report recommends Universal Basic Income for all 27 member states

WHY THIS MATTERS IN BRIEF The rise of robotics and new, intelligent AI automation systems that threaten Blue and White collar jobs is spurring governments around the world into action, so far a Universal Basic Income is the only idea they seem to have to dampen societal unrest and poverty....

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Finland rolls out its universal basic income scheme to 2,000 citizens

Finland rolls out its universal basic income scheme to 2,000 citizens

WHY THIS MATTERS IN BRIEF As technology replaces and automates more jobs governments are experimenting with universal basic incomes as a means to keep people out of poverty, now Finland has taken the plunge.   It’s January 2017, and as promised, Finlands government is now rolling out it’s ambitious Universal Basic...

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As machines replace jobs new White House report prioritises education

As machines replace jobs new White House report prioritises education

WHY THIS MATTERS IN BRIEF As analysts predict that more jobs will be replaced by automation and machines a new White House report plays down Universal Basic Incomes and prioritises investment and education.   A new 55 page White House report that investigates the impact of artificial intelligence (AI) and automation...

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Elon Musk believes universal basic income is inevitable

Elon Musk believes universal basic income is inevitable

WHY THIS MATTERS IN BRIEF Many people believe that a rising tide of automation and intelligent machines will put much of today’s workforce onto the streets leaving governments with no option but to roll out some form of universal basic income, and it appears that Elon Musk thinks the same....

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Canadian province votes to trial Universal Basic Income

Canadian province votes to trial Universal Basic Income

WHY THIS MATTERS IN BRIEF As technology automates more jobs governments around the world are trialling UBI as a means to potentially mitigate social unrest and increasingly inequality   In the face of growing automation which many governments and analysts believe will lead to a rapid rise in global unemployment...

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Scottish council to vote on implementing a Universal Basic Income scheme

Scottish council to vote on implementing a Universal Basic Income scheme

WHY THIS MATTERS IN BRIEF As the threat to jobs from AI, automation, drones and robotics increase governments are experimenting with new welfare schemes aimed at helping stave off future hardship, poverty and social unrest   Scotland could become one of the first places in the world to try a...

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Governments mull replacing citizens wages with an Universal Basic Income

Governments mull replacing citizens wages with an Universal Basic Income

WHY THIS MATTERS IN BRIEF Today it’s already a fact that more and more jobs are being automated by machines, faced with societal unrest and mass unemployment Governments around the world are now turning to the idea of providing an Universal Basic Income for everyone.   What would you do...

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