As Americans struggle with the high cost of living, an old idea is getting a fresh look. In dozens of pilot programs around the country, policymakers and researchers are exploring what happens when ...
As global wealth inequality deepens and automation threatens to usher in a new form of technology-driven unemployment, many nations, from the wealthy and industrialized to the still-developing, are ...
AI is making ever more jobs obsolete. The solution from Silicon Valley? A universal paycheck, no work required. Technology titans including Elon Musk and Sam Altman see a future flush with wealth ...
Free money makes people less likely to work. If common sense doesn’t convince you of that, a new study should. In July, a National Bureau of Economic Research paper looked at the effects of a ...
The titans of AI say they're coming for your job, but UBI will solve everything. Do they have a point? Reading time 12 minutes Three years ago, OpenAI CEO Sam Altman published an essay dubbed “Moore’s ...
The idea of a universal basic income—a taxpayer-funded minimum monthly payment meant to reduce poverty and improve opportunity—is alluring. That’s especially true for low-income mothers of newborns.
If I told you that AI was going to make humans redundant and cause widespread unemployment, you’d probably think that’s a bad thing, right? But what if the reality is that it’s going to make work ...